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.
How to Combat Rising Insurance Costs
Program Aired: May 16, 2 p.m. ET Recouping your claims - from filing and acknowledgement to investigation and settlement - can exhaust more time and money than you can afford. Instead of a game of telephone, what if your service provider managed each step of the process from claim to settlement and offered you a single touchpoint for all your questions? Chas Nickells, Vice President of Business Development for Transportation at Davies Group, joins Seth Clevenger to share his decades of experience creating custom claims solutions for industry leaders and teach you how end-to-end claims solutions can transform your operations.
May 16, 2024Trucking Limps Through Another Quarter in Q1
The trucking industry continued to bounce along the bottom of a prolonged freight recession during the first quarter of 2024.
Honda to Invest $65 Billion Over 10 Years to Bolster EV Push
Honda will invest $65 billion on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds.
Walmart Delivers Strong First Quarter
NEW YORK — Walmart Inc. reported another quarter of strong results May 16 as its low prices pull in shoppers scouring for discounts with inflation stubbornly high.
Deere Cuts 2024 Profit Outlook on Lower Tractor Sales
Deere’s fiscal second-quarter results beat Wall Street’s expectations, but the company lowered its full-year profit forecast for a second time as farmers buy fewer tractors.
Patent Infringement Probe Opens Against Motive Technologies
The U.S. International Trade Commission agreed to open an investigation into patent infringement allegations by Samsara that Motive Technologies has violated a provision of the Tariff Act.
Long Beach ‘Tri-Gen’ Ops Start for Toyota Vehicle Facility
Civic officials and business executives on May 2 celebrated the opening of “Tri-gen,” an energy generation project at the Port of Long Beach.
Amazon Workers Say They Struggle to Afford Food, Rent
Five years after Amazon.com Inc. raised wages to $15 an hour, half of warehouse workers surveyed by researchers say they struggle to afford enough food or a place to live.
Judge: Tesla Must Face Suit Alleging Buyers Were Misled
Tesla must face a proposed class-action lawsuit alleging that it misled consumers about its cars’ self-driving capabilities, a U.S. district judge ruled May 15.
Bridge From Galveston to Island Closes After Barge Strike
A bridge connecting Galveston, Texas, with a small nearby island was shut down after a barge strike.