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, Safety, Autonomous

Tesla Pauses Rollout of Self-Driving Software Facing Recall

Tesla Inc. has temporarily stopped rolling out its $15,000 driver-assistance system until it addresses issues that led the carmaker to recall almost 363,000 vehicles.

Dana Hull | Bloomberg News
February 27, 2023
Government, Business, Logistics, Global Freight

Supply Chains Have Healed, Yet Their Mark on Inflation to Endure

Supply chains across the world are healing up almost as fast as they broke down. That doesn’t mean the pressure they’re exerting on inflation will disappear as quickly.

Laura Curtis | Bloomberg News
February 27, 2023
Business

Toyota’s January Output Climbs While Honda, Nissan Report Drops

Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.

Nicholas Takahashi | Bloomberg News
February 27, 2023
Business, Equipment

Gear Head Debuts Soy-Based Grease Pads for Fifth Wheel Lubrication

ORLANDO, Fla. — Gear Head Lube has introduced soy-based grease pads designed to provide a less messy, faster and more environmentally friendly way to lubricate tractors’ fifth wheels.

Seth Clevenger | Managing Editor, Features and Multimedia
February 27, 2023
Business, Technology, Equipment, Logistics

Phillips Industries Announces Plans to Move Manufacturing to Mexico in 2023

ORLANDO, Fla. — Phillips Industries by the end of 2023 will move its manufacturing base from China to North America with the launch of full-time operations near Monterrey, Mexico, the company announced.

Dan Ronan | Senior Reporter
February 27, 2023
Business, Equipment, Safety, Perspective

Perspective: Knowing Cargo Theft Risks

As shippers continue to contend with supply chain disruption, they’re simultaneously experiencing another risk: historic levels of cargo theft, Loadsure's Jim Heide writes in a perspective.

Jim Heide | COO and Co-Founder, Loadsure
February 27, 2023
Business, Logistics

Union Pacific Looking for New CEO to Replace Lance Fritz

Union Pacific Corp. said it’s looking for a candidate to replace Chief Executive Officer Lance Fritz. A hedge fund that owns a roughly $1.6 billion stake in Union Pacific pushed for his ouster. 

Gillian Tan | Bloomberg News
February 27, 2023
Business, Technology, Equipment, Safety

New ConMet App Looks to Expedite Freight Mobility

ORLANDO, Fla. —  ConMet announced a set of technology tools for improving communication and efficiency industrywide Feb. 26.

Eugene Mulero | Senior Reporter
February 26, 2023
Business, Technology, Equipment, Fuel

NACFE Releases Report on ‘Messy Middle’ for Decarbonization of Trucking

ORLANDO, Fla. — The North American Council for Freight Efficiency has released a new report examining the myriad powertrain decisions trucking companies will face on the industry’s journey toward decarbonization.

Seth Clevenger | Managing Editor, Features and Multimedia
February 26, 2023
Business, Technology, Equipment

Clarios: No Dead Batteries on the Road for Commercial Fleets

ORLANDO, Fla. — Clarios presented its newest battery software program at the Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition on Feb. 26.

Michael Freeze | Features Editor
February 26, 2023