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, Equipment

Freightliner Launches Fifth-Generation Cascadia

Freightliner launched a fifth-generation Cascadia on Oct. 15 after publicly showcasing it for the first time at American Trucking Associations’ Management Conference & Exhibition.

Keiron Greenhalgh | Staff Reporter
October 15, 2024
Government, Business

Spear: ATA Will Keep Leading No Matter Election's Outcome

NASHVILLE, Tenn. — American Trucking Associations President Chris Spear celebrated the industry’s array of policy accomplishments during his annual State of the Industry address.

Eugene Mulero | Senior Reporter
October 14, 2024
Government, Business, Logistics

Virginia to Fund Logistics Training, Business Sites

Two logistics projects and six proposed business development sites will receive state funds from a $2.5 million package of 21 grants that Virginia recently awarded.

Noël Fletcher | Staff Reporter
October 14, 2024
Business, Technology

How AI Is Transforming Trucking in the Wake of COVID

NASHVILLE, Tenn. — Trucking has become an early adopter of AI, contrary to historical trends. Samsara data shows 87% of operations leaders already use it, with most planning to increase investment.

Connor D. Wolf | Staff Reporter
October 14, 2024
Government, Business

ATA Economist Anticipates Freight Market Rebalancing Pains

NASHVILLE, Tenn. — American Trucking Associations Chief Economist Bob Costello on Oct. 14 highlighted how the freight market is set to slowly improve as equipment and demand rebalance.

Connor D. Wolf | Staff Reporter
October 14, 2024
Government, Business, Equipment

Tavares Addresses Stellantis’ Sales Drop, Management Shakeup

Stellantis, formed from the 2021 merger of France’s PSA Peugeot and Fiat Chrysler Automobiles, has faced challenges this year in both Europe and the U.S.

Tom Krisher | Associated Press
October 14, 2024
Government, Business

Iowa Extends Harvest Proclamation for Heavier Farm Loads

The proclamation enables vehicles transporting corn, hay, silage, soybeans, stover and straw to be overweight without a permit.

Noël Fletcher | Staff Reporter
October 14, 2024
Business, Technology

Former Tesla Executive McNeill Starts Firm to Run ETFs

Former Tesla Inc. and Lyft Inc. executive Jon McNeill is launching a firm that will run exchange-traded funds that focus on artificial intelligence and electrification.

Miles Weiss | Bloomberg News
October 14, 2024
Business, Technology, Equipment

Volvo Trucks Bolsters Maintenance Plan With AI

NASHVILLE, Tenn. — The Blue Service Contract AI models will act as an adaptive maintenance system that adjusts service intervals dynamically based on factors like fuel consumption, idle time and oil samples.

Connor D. Wolf | Staff Reporter
October 14, 2024
Business, Technology, Autonomous, TCA

Zoox Tests Autonomous Driving Ahead of Robotaxi Launch

Zoox is moving toward offering a driverless robotaxi service set to launch sometime next year in Las Vegas.

Mick Akers | Las Vegas Sun
October 14, 2024