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, Technology, Fuel

VinFast Surges Above $200 Billion

Unprofitable Vietnamese electric vehicle maker VinFast Auto Pte Ltd. is now worth more than the likes of Goldman Sachs Group and Boeing Co.

Esha Dey | Bloomberg News
August 28, 2023
Business, Equipment, Safety

Yokohama Recalls 6,992 Commercial Tires

Yokohama Tire Corp. is voluntarily recalling 6,992 of its commercial tires, the company announced Aug. 26.

Connor D. Wolf | Staff Reporter
August 28, 2023
Government, Business, Logistics, Private

Sam’s Club to Open Big Distribution Center in Oklahoma City

Oklahoma officials applauded news that Sam’s Club will invest $40 million to open a large distribution center in the state scheduled to open early next year.

Noël Fletcher | Staff Reporter
August 28, 2023
Government, Business, Technology, Fuel, Autonomous

BYD’s Growth Slows as China’s Auto Price War Takes Its Toll

BYD Co. reported its weakest revenue growth in more than a year in a potential sign of the damage discounting has done in China, the world’s biggest auto market.

Danny Lee | Bloomberg News
August 28, 2023
Government, Business, Equipment, Safety, For-Hire

Flatbed and Cargo Safety Depends on Securement

Making sure flatbed cargo is secured for transit goes beyond meeting applicable regulations, which cannot cover every contingency, experts contend.

Stephen Bennett | Special to Transport Topics
August 28, 2023
Government, Business, Technology, Fuel

Why the EV Industry Is Talking About ‘Black Mass’

The latest buzzword in battery materials sounds like a concept borrowed from astrophysics.

Annie Lee | Bloomberg News
August 28, 2023
Business, Equipment, Safety

‘One With the Truck’: Gragg Wilson’s Road to NTDC Title

UPS tank truck driver Gragg Wilson of Nevada won the 86th National Truck Driving Championships and Step Van Championships in Columbus, Ohio, on Aug. 19. Here's how he went about it.

Eugene Mulero | Senior Reporter
August 27, 2023
Business, Logistics, Private

Instacart Files for IPO Revealing Profit, PepsiCo Investment

Instacart joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, adding momentum to a return of high-profile listings.

August 25, 2023
Business, Equipment, Safety

Volvo Trucks Triples Demonstration Track Size

Volvo Trucks North America completed structural upgrades to its test track facility in Dublin, Va., the automaker announced Aug. 24.

Connor D. Wolf | Staff Reporter
August 25, 2023
Business, Equipment, Private, Top 100

Private Fleet Sector Rankings Illustrate Market Shifts

The biggest private motor carriers across a variety of industries experienced ups and downs during the past year as they adapted to changing freight market conditions.

Mike Senatore | Features Coordinator
August 25, 2023