Business
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.