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, Technology, Equipment, Fuel

Daimler Unveils Freightliner Medium-Duty eM2 Truck

ANAHEIM, Calif. – Daimler Truck North America premiered the Freightliner eM2, the latest entry in its line of electric vehicles, during the Advanced Clean Transportation Expo May 2.

Michael Freeze | Features Editor
May 2, 2023
Business, Equipment

Eaton Q1 Profit Rises 19.7% as It Eyes Megaprojects

Profits at Eaton Corp. rose 19.7% in the first quarter of 2023 on sales growth that beat company expectations.

Keiron Greenhalgh | Staff Reporter
May 2, 2023
Government, Business, Technology, Equipment, Fuel

Oklahoma, UK Form Clean Energy Pact

Oklahoma and Britain will address trade barriers, increase investment and enhance business cooperation in zero-emission vehicles, agriculture and alternative energy.

Noël Fletcher | Staff Reporter
May 2, 2023
Business, Technology, Equipment

REPLAY: SHIFT - Technology Learning Sessions

With emerging technologies placing a priority on efficiency, are in-cab technologies the next big adoption trend? Which trucking companies are choosing to sign on early and what kind of results are they seeing for their operations and their drivers? And, how do opinions on in-cab cameras differ between fleet managers, drivers, and legal experts? Join us for conversations that will help shift your thinking and your operations.  

May 2, 2023
Government, Business

House Lawmakers Unveil CDL Streamline Bill

Legislation meant to tackle the trucking industry’s driver shortage was recently introduced in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
May 2, 2023
Government, Business, Safety

DOT OKs Drug Testing Drivers Using Oral Fluid Samples

The U.S. Department of Transportation on May 1 announced the issuance of a final rule approving use of oral fluid to drug test truck drivers.

Eric Miller | Senior Reporter
May 2, 2023
Business, Equipment

Cummins Reports Record Q1 Profits

The impact of buying Meritor along with heavy-duty truck engine sales pushed Cummins Inc.’s earnings to record heights in the first quarter of 2023, the original equipment manufacturer said May 2.

Keiron Greenhalgh | Staff Reporter
May 2, 2023
Business, Technology, Fuel, Logistics, For-Hire

Ryder Introduces Electric Vehicle Service

ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.

Seth Clevenger | Managing Editor, Features and Multimedia
May 2, 2023
Business, Technology, Equipment

Traton Q1 Profit Jumps as Sales Rise

Traton SE profits jumped in the first three months of 2023 on the back of higher sales and an asset disposal, with truck production and sales at its North American Navistar unit climbing.

Keiron Greenhalgh | Staff Reporter
May 2, 2023
Government, Business, Logistics

FMC Commissioner Calls for Transparency in Shipping Industry

Federal Maritime Commissioner Carl Bentzel believes that the port bottlenecks that occurred during the peak of the coronavirus pandemic must be avoided during future emergencies.

Dan Ronan | Senior Reporter
May 2, 2023