Business
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.
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?
UPS to Raise Average Prices by 5.9%
UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.
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.
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.
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.
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, 2023GM 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.
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.
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.
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.