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.
Tesla Semi Skepticism Lingers Months After Musk’s First Delivery
While Tesla's first Semi delivery to PepsiCo was cause for celebration, there’s still a lot of uncertainty as to just how meaningful the Semi will be to Tesla’s business.
White House to Release Budget March 9
Funding proposals for freight and commuter transportation programs will be unveiled as part of a larger budget plan on March 9, the White House announced recently.
XPO’s Mario Harik Touts Strong Q4, Full-Year Performance
XPO Inc. CEO Mario Harik on Feb. 8 discussed how his company reached over a billion dollars in revenue during the fourth quarter despite a business spinoff and softening freight market.
FHWA to Start Funding Program to Lower Truck Emissions at Ports
The Federal Highway Administration soon will open fiscal 2022-2023 grant applications for its new Reduction of Truck Emissions at Port Facilities program, according to a Feb. 8 announcement by the Department of Transportation.
Republican Policymakers Spotlight Autonomous Vehicles’ Benefits
Approving a regulatory framework for autonomous vehicles would facilitate the technology’s adoption throughout the national transportation landscape, top Republicans on a U.S. House committee indicated this month.
Reported Cargo Thefts Increased 20% in 2022
The transportation sector experienced an estimated 20% jump in reported cargo thefts amid changing criminal tactics in 2022.
Tracking Trucking's Top Bottlenecks
American Transportation Research Institute (ATRI) recently released the 2023 Top Truck Bottleneck List with Fort Lee, NJ claiming the top spot for the fifth year in a row. The in-depth analysis provides vital insight into truck-involved congestion points, highway traffic trends, and infrastructure investment opportunities. How much has the list changed since last year? How can this research be used to further conversations on funding and regional regulations? Rebecca Brewster, President and Chief Operating Officer of ATRI, joins Dan Ronan to help breakdown the top highway bottlenecks and discuss opportunities to address supply chain challenges.
February 9, 2023Nissan Reports Better Profit as Chip Crunch Eases
TOKYO — Nissan reported a 55% jump in its October-December profit on Feb. 9, as the Japanese automaker gears up for a less-bumpy journey with its French alliance partner Renault.
South Dakota Technical Colleges Get Funds for CDL, Diesel Tech Programs
New equipment for diesel technology and commercial driver license training are part of the $10 million investment South Dakota is providing to four state technical colleges.
Forward Air Reports Q4, Full-Year Records
Forward Air Corp. reported record fourth-quarter and full-year revenue, operating income and net income per diluted share Feb. 8.