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, Equipment, Fuel

Trucking’s Many Roads to Decarbonization

Trucking already has made strides to reduce emissions but carriers will need to comply with stricter regulations ahead. So how will the industry achieve these carbon reduction goals?

Seth Clevenger | Managing Editor, Features and Multimedia
September 8, 2023
Business, Logistics, For-Hire

UPS to Raise Average Prices by 5.9%

UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.

Thomas Black | Bloomberg News
September 8, 2023
Business, Technology, Logistics

Two Flexport Executives to Leave After CEO’s Abrupt Exit

Flexport Inc. executives Teresa Carlson and Darcie Henry are leaving the company, both hired during the tenure of CEO Dave Clark, who unexpectedly departed on Sept. 6.

Brendan Murray | Bloomberg News
September 8, 2023
Government, Business, Logistics

STB Rule May Help Boost Competition for Railroad Shipments

OMAHA, Neb. — Companies that have plants served by only one railroad may soon be able to get a bid from another railroad if their service is bad enough under a new rule that was proposed Sept. 7.

Josh Funk | Associated Press
September 8, 2023
Government, Business, Technology

California Charging Infrastructure Lags Behind Targets

Concerns are growing that California is falling behind in its ability to provide enough electric vehicle charging options to meet its own aggressive targets.

Keiron Greenhalgh | Staff Reporter
September 7, 2023
Government, Business, Private

Kroger, Albertsons In Talks to Sell Stores to C&S, SoftBank

Kroger Co. and Albertsons Cos. are selling some of their stores in an effort to win regulatory approval for their $25 billion merger, according to people familiar with the matter.

September 7, 2023
Business, Technology

GM Makes Initial Offer to UAW, Union President ‘Insulted’

General Motors’ first wage-and-benefit offer to the United Auto Workers on Sept. 7 falls far short of the union’s initial demands.

Tom Krisher | Associated Press
September 7, 2023
Business, Logistics, Top 100

Trucking Experts Prepare for Lackluster Peak Season

Trucking industry experts are expecting a modest peak shipping season due to freight demand and inventory trends as consumer preferences have shifted back to services from goods.

Connor D. Wolf | Staff Reporter
September 7, 2023
Business, Equipment

Class 8 Truck Orders Fall 12% in August

North American Class 8 orders ended a three-month streak of positive year-over-year growth by falling 12% in August, according to ACT Research.

Connor D. Wolf | Staff Reporter
September 7, 2023
Government, Business, Technology, Equipment, Safety, Autonomous

Trucking Trade Groups Generally Support AEB Proposal

Organizations representing heavy trucks were generally supportive of a joint proposed rule to require automatic emergency braking technologies on heavy trucks — with caveats.

Eric Miller | Senior Reporter
September 7, 2023