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, Autonomous, TCA

California Governor Gets Bill on Humans in Autonomous Trucks

The California Senate passed a bill Sept. 11 mandating human drivers behind the wheel of autonomous trucks on state highways for at least the next five years. Will the governor sign it?

Russ Mitchell | Los Angeles Times
September 12, 2023
Business, Logistics, For-Hire

UPS CEO Carol Tomé Outlines Challenging Year Ahead

UPS Inc. will pay out the biggest portion of its new labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, CEO Carol Tomé said.

Thomas Black | Bloomberg News
September 12, 2023
Business, Technology, Logistics, Private

Amazon Service Lets Merchants Deliver to Physical Stores

Amazon.com Inc. is offering a new service that will let its 2 million merchant partners deliver inventory directly to physical retail stores and warehouses.

Spencer Soper | Bloomberg News
September 12, 2023
Government, Business, Fuel

Clean Fuel Demand Pushing Biofuel Growth

U.S. biofuel production is burgeoning in the race to meet federal and state government mandates to lower heavy truck emissions.

Noël Fletcher | Staff Reporter
September 11, 2023
Business, Safety, Logistics, TCA

Amazon Bringing Its Delivery Efficiency to Disaster Relief

Disaster Relief by Amazon is made up of a group of Amazon employees who are tasked with using the company’s resources to help communities after disasters strike.

Lauren Rosenblatt | The Seattle Times
September 11, 2023
Business, TCA

Suit Dismissed Over Old Dominion’s Retirement Plan

A federal District Court judge has dismissed a lawsuit filed against Old Dominion Freight Line Inc. over the administration and pricing of its retirement plan offerings.

September 11, 2023
Business, Equipment

Peterbilt Celebrates Model 389 Milestone

Peterbilt Motors Co. marked the production of the 100,000th Model 389 at its Denton, Texas, manufacturing plant as a milestone Sept. 7.

September 11, 2023
Government, Business, Safety

Federal Railroad Inspectors Find Defects at Union Pacific

OMAHA, Neb. — Federal inspectors said they found an alarming number of defects in the locomotives and railcars Union Pacific was using at its railyard in western Nebraska this summer.

Josh Funk | Associated Press
September 11, 2023
Business, Technology, Equipment, Safety

Nikola Truck Catches Fire During Testing

Nikola Corp. says one of its battery-electric big rigs experienced a “thermal incident” Sept. 8 during a test on the cause of recent fires that prompted a recall.

Sean O'Kane | Bloomberg News
September 11, 2023
Business, Safety

Truck Drivers Saluted in Weeklong Celebration

The 35th Annual National Truck Driver Appreciation Week runs Sept. 10-16, providing an opportunity to give special recognition to the country's 3.5 million-plus truck drivers.

September 8, 2023