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.
Shell Investors Back Weaker Emissions Targets
Shell shareholders approved the company’s new energy transition plan with weaker carbon emissions targets.
Hundreds Warn EPA: Don’t Back CARB Ban on Diesel Locomotives
Government officials, public agencies and business interests warn EPA that approving California’s rule to outlaw diesel locomotives will harm the nation’s interconnected rail system.
Movers Group Seeks Review of $20B Contract for Military Moves
A coalition is calling on Congress to direct the Government Accountability Office to conduct an evaluation of the new program slated to provide moves for the nation’s military.
Canadian Rail Labor Dispute Talks Restart; CN Revises Offer
Canadian National Railway made a revised offer May 16 to the Teamsters Canada Rail Conference, raising hopes of a settlement in a labor dispute.
Unsteady EV Demand Drives Automaker-Supplier Tension
Rising costs and unsteady demand for EVs remain major sources of friction between automakers and their suppliers, according to a new survey examining supplier-automaker relationships.
Uber Freight Expands Procurement Platform With Spot Freight
Uber Freight introduced a spot freight fulfillment platform to expand beyond its flagship contract procurement tool launched last year, the company announced May 16.
Maximizing Efficiency: Strategic Technology Investment
Efficiency is the heartbeat of any successful transportation organization. In an industry where time is money, investing in the right technology becomes a strategic imperative.
Fuel Cell Maker Symbio Unveils Class 8 FCEV Demonstrator
Hydrogen fuel cell manufacturer Symbio, backed by three auto industry heavyweights, unwrapped a Class 8 tractor equipped with its powertrain.
Ship That Caused Baltimore Bridge Collapse Escorted to Port
BALTIMORE — The recovery from the deadly Baltimore bridge collapse reached a milestone May 20 as the Dali was escorted back to port, its damaged bow covered with smashed shipping containers.
Coalition Seeks Information on New Biofuel Tax Credit System
A coalition of biofuel proponents and agricultural groups is asking Treasury Secretary Janet Yellen for guidance about a Clean Fuels Production Credit based on carbon intensity scores.