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, Fuel

OPEC+ Expected to Extend Supply Cuts

OPEC+ will hold next month’s policy meeting online rather than in person, while several delegates said they expected the group to extend its current supply cuts into the second half of the year.

May 24, 2024
Business, Technology, Equipment, Fuel

Accelera Launches Next-Gen Hydrogen, Electric Solutions

LAS VEGAS — Accelera by Cummins launched its next generation of decarbonizing technologies at Advanced Clean Transportation Expo 2024.

Michael Freeze | Features Editor
May 23, 2024
Business, Technology, Autonomous

Tesla Posts Jobs for AI, Autopilot After Weeks of Staff Cuts

Tesla Inc. posted more than a dozen Autopilot and artificial intelligence positions, its first sign of workforce growth after weeks of rolling layoffs.

Kara Carlson | Austin American-Statesman
May 23, 2024
Business, Technology, Equipment

Lion Electric Introduces Battery-Electric Class 8 Tractor

LAS VEGAS — The Lion Electric Co. has expanded its commercial vehicle lineup with its battery-electric Lion8 Tractor, introduced at the Advanced Clean Transportation Expo.

Seth Clevenger | Managing Editor, Features and Multimedia
May 23, 2024
Government, Business, Equipment, Safety

Divided Panel Recommends Side Underride Guard Rulemaking

An advisory committee has by a slim majority voted to recommend that NHTSA launch a rulemaking to consider requiring that certain new semitrailers be equipped with side underride guards.

Eric Miller | Senior Reporter
May 23, 2024
Business, Technology, Safety

The Safer Route Forward

Program Aired: May 23, 2 p.m. ET For modern transportation companies, commercial vehicle navigation is more than just a nice-to-have – it’s an essential tool for keeping your drivers safe. Join Trimble’s Dwayne Lazarre as he walks you through how truck-specific routing guides your fleet through the unexpected – from weather to work zones (and nearly everything in between).

May 23, 2024
Business, Technology, Equipment, Fuel

WattEV CEO Challenges Truck Makers on Megawatt Charging

LAS VEGAS — WattEV CEO Salim Youssefzadeh issued a challenge to Class 8 truck makers at Advanced Clean Transportation Expo 2024.

Keiron Greenhalgh | Staff Reporter
May 23, 2024
Business, Technology, Equipment, Fuel

Truck Maker Execs Hopeful on BETs Despite Slow Adoption

LAS VEGAS — Battery-electric truck adoption rates surprised to the downside over the past five years, a panel of executives from America’s truck manufacturers said at ACT Expo 2024.

Keiron Greenhalgh | Staff Reporter
May 23, 2024
Business, Technology

60 Seconds: Honda Unveils Class 8 Hydrogen FCEV Concept Truck

Honda Motor Co. pulled back the curtain on a promised Class 8 hydrogen fuel cell electric vehicle May 17, unveiling a concept truck whose public debut will be at the  Advanced Clean Transportation Expo in Las Vegas May 20-24.

May 23, 2024
Government, Business, Safety, Logistics

Norfolk Southern to Pay $15 Million Fine Over Derailment

The federal government agreed to a $15 million fine for Norfolk Southern over the derailment in East Palestine, Ohio, and the railroad promised to pay $300 million to improve safety.

Josh Funk | Associated Press
May 23, 2024