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.
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.
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.
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.
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, 2023House 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.
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.
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.
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.
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.
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.