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.
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.
ATA Exec Andrew Boyle Presses EV Infrastructure in Senate
A senior trucking industry executive voiced concerns about challenges in ensuring sufficient charging infrastructure exists for adopting commercial EVs nationwide.
March Medium-Duty Sales Post 5.6% Decline
U.S. retail sales for medium-duty trucks fell 5.6% in March compared with the year-ago period, according to data from Wards Intelligence.
Boeing Plans to Boost Output of 737s Despite Glitch
Boeing Co. is moving ahead with plans to hike output of its cash-cow 737 jetliner while dealing with the ripple effects from a new production flaw uncovered by one of its largest suppliers.
EU Nears Deal on $47 Billion Chips Act
LONDON — The European Union was closing in April 18 on approval for a plan to ramp up semiconductor production as it seeks to wean itself off reliance on Asia.
April 18, 2023Nippon Express in Talks to Buy Logistics Firm Cargo-Partner
Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.
April 18, 2023Navistar Issues Recall Due to HVAC Circuit
As many as 44,887 Navistar trucks are set to be recalled following a National Highway Traffic Safety Administration investigation, the federal agency said April 6.
April 18, 2023NFI Ramps Up Battery-Electric Truck Deployment in California
NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.
April 18, 2023Truck Tonnage Falls 5% in March
Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.
Biden Policy May Cost EV Makers Some Customers
Andrew Scott doesn’t know for sure yet, but the Biden administration may cost Hyundai his business.