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, Safety

Regulators Say Railroads Must Examine How They Build Trains

OMAHA, Neb. — Federal regulators said April 7 that railroads need to re-examine how they assemble their trains after a string of derailments in recent years.

Josh Funk | Associated Press
April 10, 2023
Government, Business, Technology, Autonomous

Tesla Plans Shanghai Factory for Power Storage, Reports Say

BEIJING — Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported April 9.

April 10, 2023
Government, Business, Equipment, Fuel, TCA

Here’s Why Leasing an EV Is About to Become More Popular

WASHINGTON — Electric vehicle leases are likely to surge beginning April 18, experts say, as new federal restrictions on EV tax credits come into effect.

Riley Beggin | The Detroit News
April 7, 2023
Government, Business, Safety

Cases Pour In Before New Florida Lawsuit Abuse Law Takes Effect

Attorneys filed 80,000 to 100,000 new court cases that could seek damages from businesses a few days before Florida Gov. Ron DeSantis enacted a law to quash lawsuit abuse.

Noël Fletcher | Staff Reporter
April 7, 2023
Government, Business

US Adds a Healthy 236,000 Jobs in March

America’s employers added 236,000 jobs in March — 5,700 of them in trucking — suggesting that the economy remains on solid footing despite interest rate hikes designed to tame inflation.

Paul Wiseman | Associated Press
April 7, 2023
Business, Technology, Equipment, Fuel

Toyota to Sell 1.5 Million EVs by 2026

Toyota Motor Corp.’s new CEO Koji Sato unveiled the beginnings of a long-awaited plan to electrify the automaker’s vehicle lineup during his first press conference.

April 7, 2023
Government, Business, Technology, Equipment, Logistics

New Oil Standard Will Help Fleets

The Environmental Protection Agency's Clean Trucks Plan, to take effect by 2027, is targeting a 75% reduction in nitrogen oxide.

John Baxter | Special to Transport Topics
April 7, 2023
Business, Technology, Equipment, Safety

5 Questions With Rig Runner's Jay Rincker

As an experienced technician and director, Jay Rincker shared some of his thoughts about the trucking industry as well as the repair and maintenance sector.

April 7, 2023
Business, Technology, Equipment, Safety

The Evolution of Tractor-Trailer Connectivity

ATA’s Technology & Maintenance Council is nearing the culmination of a multiyear effort to define the evolutionary direction of tractor-­trailer connectivity.

Jack Legler | Technical Director, Technology & Maintenance Council
April 7, 2023
Business, Technology, Equipment, Safety

Getting a Lift: Fleets Weigh Lift Equipment

Penske Truck Leasing has a simple strategy for heavy-duty vehicle lifts in its shop network: Mobile is better. It's not alone.

Steve Brawner | Contributing Writer
April 7, 2023