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, Equipment, For-Hire

TFI Buys Quebec-Based Truckload Carrier in Fourth 2024 Deal

TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.

Keiron Greenhalgh | Staff Reporter
May 13, 2024
Government, Business

House Republicans Tell Julie Su to Step Down

House Republicans questioned Julie Su’s capacity to serve as acting labor secretary and criticized department rules regarding the status of independent contractors at a May 1 hearing.

Eugene Mulero | Senior Reporter
May 13, 2024
Government, Business, Technology, Safety, Autonomous

Smarter Vehicles Could Mean Big Changes for Traffic Lights

As cars and trucks get smarter and more connected, the humble lights that have controlled the flow of traffic for more than a century could also be on the cusp of a major transformation.

Jeff McMurray | Associated Press
May 13, 2024
Business, Equipment

Volkswagen Reported to Eye Traton Stock Sale

Volkswagen AG is exploring the sale of as much as $1.1 billion of stock in Traton SE, taking advantage of the truck maker’s surging price to increase the number of shares available for trading.

May 13, 2024
Business

60 Seconds: New Truck Parking Lot in Florida to Add 120 Spots by 2026

Orlando-to-Tampa corridor on Interstate 4 currently has just 90 spots for the 18,000 trucks passing through daily. 

May 13, 2024
Business

Update: April Class 8 Truck Orders Increase YOY

March is the only month that hasn't shown a year-over-year increase in Class 8 truck orders. 

May 13, 2024
Business, Technology, Logistics

Warehouses Look at Ways to Improve Recruitment, Retention

The use of automation in warehouses to streamline efficiencies, already part of the conversation pre-pandemic, has accelerated.

Hilary Daninhirsch | Special to Transport Topics
May 13, 2024
Government, Business, Technology

Global Chips Battle Intensifies With $81B Subsidy Surge

Superpowers led by the U.S. and European Union have funneled $81 billion toward cranking out the next generation of semiconductors, escalating a showdown with China for chip supremacy.

May 13, 2024
Government, Business, Technology, Safety, Autonomous

NHTSA Probes Zoox After Two Autonomous SUV Crashes

NHTSA has opened an investigation into Zoox, the autonomous vehicle subsidiary of Amazon.com Inc., after two incidents in which its SUVs suddenly braked and were rear-ended.

Keith Laing | Bloomberg News
May 13, 2024
Business, Equipment, Breaking News

US Class 8 Truck Sales Decline 13% in April

U.S. Class 8 retail sales continued the trend of year-over-year declines by falling 12.9% in April, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
May 13, 2024