Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Business, Equipment, Safety, Logistics

ATRI Announces Top Five Research Issues for 2023

HOLLYWOOD, Fla. — The availability of truck parking spaces rates as the American Transportation Research Institute's No. 1 study topic for 2023. 

Dan Ronan | Senior Reporter
May 8, 2023
Government, Business, Logistics, Global Freight

Engineers Frustrated With Railroad Sick Time Policies

OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.

Josh Funk | Associated Press
May 8, 2023
Government, Business, Logistics

Global Trade Data Shows Early Signs of ‘Reglobalization’

The global trading system is undergoing tectonic shifts spurred by shortages, price spikes and shipping disruptions that will reorient international supply chains for decades to come.

Bryce Baschuk | Bloomberg News
May 8, 2023
Government, Business, Technology, Safety, Logistics

California’s Container Ports to Develop Shared Data System

California’s five container ports have agreed to develop a $27 million, high-tech supply chain infrastructure using a computer cloud to share data and cargo flow information.

Noël Fletcher | Staff Reporter
May 8, 2023
Government, Business, Technology, Logistics, TCA

Twin California Ports Introduce Zero-Emission Locomotive

Weeks after the California Air Resources Board approved a rule to limit rail pollution, the Pacific Harbor Line on May 4 unveiled one of the nation’s most advanced zero-emission locomotives.

Donna Littlejohn | Los Angeles Daily News
May 5, 2023
Business, Technology, Equipment, Fuel, Autonomous

Volvo Triples Electric Truck Dealer Network Since Last Year

ANAHEIM, Calif. — As Volvo Trucks continues to roll out battery-electric heavy-duty trucks to fleet customers across North America, the truck maker also is building its support network.

Seth Clevenger | Managing Editor, Features and Multimedia
May 5, 2023
Business, Technology, Equipment

Hyundai Brings Xcient Hydrogen Fuel Cell Truck to US

ANAHEIM, Calif. — Global vehicle manufacturer Hyundai Motor Co. premiered the production version of its Xcient hydrogen fuel cell electric Class 8 truck for the North American market.

Seth Clevenger | Managing Editor, Features and Multimedia
May 5, 2023
Business, Technology, Equipment

Navistar Expands Electric Truck Offerings

ANAHEIM, Calif. — Navistar is expanding its electric truck offerings and inked a partnership with Quanta Services to help fleets implement battery-electric vehicles efficiently.

Seth Clevenger | Managing Editor, Features and Multimedia
May 5, 2023
Business, Technology, Fuel

Lion Electric Introduces New Medium-Duty Truck

ANAHEIM, Calif. — The Lion Electric Co., a manufacturer of all-electric commercial vehicles, announced the launch of its battery-electric Lion5 medium-duty truck at the 2023 Advanced Clean Transportation Expo.

Seth Clevenger | Managing Editor, Features and Multimedia
May 5, 2023
Government, Business

Employers Add 253,000 Jobs in April

WASHINGTON — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates and high inflation.

Paul Wiseman | Associated Press
May 5, 2023