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.

Government, Business, Technology, Equipment, Safety, TCA

Detroit/Wayne County Port Authority Eyes Reduced Emissions

The Detroit/Wayne County Port Authority is vowing to reduce the amount of carbon dioxide it releases as part of its operations and improve the authority’s environmental impact.

Jakkar Aimery | The Detroit News
May 2, 2023
Business, Logistics

Japan Airlines to Debut Its First Freighter Planes in 13 Years

Japan Airlines Co. will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand.

Supriya Singh | Bloomberg News
May 2, 2023
Government, Business, Technology, Equipment, Fuel

DTNA's O’Leary: No Time to Waste Building EV Infrastructure

ANAHEIM, Calif. — DTNA chief John O’Leary called for the industry to move at “the speed of right” in developing electric vehicle infrastructure.

Michael Freeze | Features Editor
May 2, 2023
Business, Technology, Equipment, Fuel, Autonomous

Kodiak Installs Autonomous Driving System on Electric Truck

ANAHEIM, Calif. — Autonomous truck developer Kodiak Robotics unveiled a battery-electric Class 8 truck equipped with its self-driving technology at the 2023 ACT Expo.

Seth Clevenger | Managing Editor, Features and Multimedia
May 2, 2023
Business, Technology, Equipment, Fuel, Logistics, Global Freight

DHL Plans Third Air Cargo Hub in California

Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.

Dan Ronan | Senior Reporter
May 1, 2023
Business, Equipment, For-Hire

Forward Air Reports Revenue and Earnings Decline for Q1

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

Connor D. Wolf | Staff Reporter
May 1, 2023
Government, Business, Fuel

Diesel Prices Sink to an Average of $4.018 a Gallon

Diesel prices fell by an average of 5.9 cents a gallon in the past week to flirt with the $4 a gallon mark, settling at $4.018 a gallon, according to  the Energy Information Administration.

Keiron Greenhalgh | Staff Reporter
May 1, 2023
Business, Technology, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Connor D. Wolf | Staff Reporter
May 1, 2023
Government, Business, Logistics

GAO Tells DOT to Update Freight Handbook

To improve real-time decisions in the commercial transportation sector, a new government watchdog report recommended the U.S. Department of Transportation update its freight guidance.

Eugene Mulero | Senior Reporter
May 1, 2023
Business, Equipment, For-Hire, TCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

Daniel Urie | Pennlive.com
May 1, 2023