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.
XPO Names Dave Bates New COO
Dave Bates is joining XPO as chief operating officer after 12 years in an executive role at Old Dominion Freight Line.
Volvo Raises Truck Forecasts
Volvo Group raised its forecasts for registrations as the world’s second-biggest truck maker saw orders increase 32%.
How Your EV Can Power Your Home
Tammy Snyder's homespun setup is a preview of what soon may be easily available to many Californians: EVs that are equipped not just to receive power, but also to deliver it.
House T&I Chairman Sam Graves Outlines Spring Agenda
Updates to national aviation and pipeline safety policies will dominate the upcoming schedule for the transportation panel in the U.S. House of Representatives.
March Class 8 Sales Up 21.9% to 24,823
U.S. Class 8 retail sales in March jumped 21.9% from a year ago and also exceeded the prior month, Wards Intelligence reported.
Amazon May Charge a Return Fee at UPS Stores
If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.
Tesla Cuts US Prices Again Ahead of Earnings Release
DETROIT — Tesla dropped the starting prices for its two top-selling models overnight, the company’s fourth price cut in the U.S. this year.
April 19, 2023Marten Transport Posts Mixed Financials for Q1
Marten Transport’s earnings declined despite increased revenue during the first quarter, the company reported April 18.
New Jersey Halts Electric Vehicle Rebates
TRENTON, N.J. — New Jersey residents looking to buy or lease an electric vehicle won’t be able to get a government rebate — at least temporarily.
AI Weed-Killing Drones Are Coming for the Mega Farms
Terry Aberhart has watched the spindly, fixed-wing drones zip across the big skies over his farm in Canada’s Saskatchewan province, testing a technology that could be the future of weeding.