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.

Business, Equipment, Fuel

Startup Merger Partners Eye Class 8 Truck Launch by 2027

Proposed merger partners ElectraMeccanica and Tevva plan to launch a Class 8 hybrid electric and hydrogen-powered truck in the United States in 2027, ElectraMeccanica CEO Susan Docherty said.

Keiron Greenhalgh | Staff Reporter
September 13, 2023
Government, Business, Technology, Autonomous

ATA Leader Chris Spear Presses Congress for AV Framework

WASHINGTON — Automated vehicles would gain greater adoption with a nationwide policy framework, Chris Spear, president of American Trucking Associations, told members of Congress on Sept. 13.

Eugene Mulero | Senior Reporter
September 13, 2023
Government, Business, Logistics, For-Hire

Nearshoring Boom Faces Growing Pains

The escalation of nearshoring this year has brought an increased need to bolster infrastructure investments and supply chain operations, according to experts.

Connor D. Wolf | Staff Reporter
September 13, 2023
Government, Business

Commerce Department Touts Indo-Pacific Pact

The U.S. Commerce Department is pitching its landmark multinational pact to strengthen supply chains with 13 Indo-Pacific nations.

Noël Fletcher | Staff Reporter
September 13, 2023
Business, Equipment, Fuel

Updated Ford F-150 Gets New Grille, Other Features

The top-selling vehicle in America will get a bit of a face-lift next year, one of just a few new or updated vehicles that will be shown off this week at Detroit’s big auto show.

Tom Krisher | Associated Press
September 13, 2023
Government, Business, Technology

FHWA Offers $100 Million in Grants to Fix Broken EV Chargers

Up to $100 million in government grants is available for states and local governments to repair and replace broken electric vehicle charging infrastructure.

Noël Fletcher | Staff Reporter
September 13, 2023
Government, Business

Appeals Court Hears Arguments on Rhode Island Tolling Plan

Attorneys for American Trucking Associations and the Rhode Island Department of Transportation sparred before a federal appeals court over the state’s trucks-only tolling plan.

Eric Miller | Senior Reporter
September 13, 2023
Business, Technology, Equipment, Fuel, Logistics

Utility Trailer Teams Up With Germany’s Schmitz Cargobull

Utility Trailer Manufacturing Co. unveiled plans Sept. 11 for a joint venture with Germany’s Schmitz Cargobull Corp. that will be known as Cargobull North America.

Keiron Greenhalgh | Staff Reporter
September 13, 2023
Business, Logistics

Transportation Stakeholders See Slow Growth in 2024

LONG BEACH, Calif. — Shippers and transportation companies hope that the fall peak season pushes the industry out of the freight recession, an IANA Intermodal Expo panelist said Sept. 12.

Dan Ronan | Senior Reporter
September 13, 2023
Government, Business, Fuel

Diesel Issues Could Worsen Due to Lack of Crude From OPEC+

The diesel market is pricing in a crisis, one that soon could get even worse because of a lack of the type of crude that’s good for making the fuel.

Jack Wittels | Bloomberg News
September 13, 2023