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.
NHTSA Revives Effort to Require Side Impact Guards
The National Highway Traffic Safety Administration is working with the trucking industry as it revisits a proposal to mandate installation of side underride guards on heavy truck trailers.
Nikola Trucks Join Alberta Hydrogen Demo Program
Two Nikola semis are to take part in a commercial vehicle demonstration program in the Canadian province of Alberta, the truck manufacturer said April 25.
April 26, 20232023 Comdata and T-Chek Averages
Diesel prices for Comdata are based on seven–day cash card transactions from more than 6,500 truck stops. T-Chek prices for self-service are based on purchases at more than 4,500 truck stops; wholesale prices are based on terminals and suppliers from 308 cities.
April 25, 2023House Introduces Ocean Shipping Competition Enforcement Act
U.S. Rep. John Garamendi (D-Calif.) on April 24 introduced the Ocean Shipping Competition Enforcement Act, legislation he says will help the Federal Maritime Commission.
UPS Reports Lower Earnings as Consumer Spending Slows
UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.
Paccar Q1 Earnings Soar as Truck, Parts Margins Jump
Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.
Colorado to Put More Electric Trucks, Semitrailers on Roads
Colorado’s trucking industry will need to start investing in zero-emission semitrailers, buses and delivery trucks as soon as 2027 as part of the state’s strategy to reduce emissions.
Carrier Transicold Debuts Supra eCool Series
Carrier Transicold is launching a new truck refrigeration series with a focus on quiet and emission-free performance, the company announced April 25.
April 25, 2023Pete Buttigieg Eyes Expansion of Supply Chain Data-Sharing
A voluntary forum through which freight sector stakeholders can share information is poised to expand, Transportation Secretary Pete Buttigieg recently told members of Congress.
CN Announces Alliance With Union Pacific, Mexican Railroad
Canadian National announced plans to begin rail service in Mexico, the United States and Canada with what the railroad says will be a seamless connection in Chicago.
April 25, 2023