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, Safety

2.7 Million Without Power as Ian Drenches Florida

PUNTA GORDA, Fla. — Hurricane Ian destroyed a cross-section of Florida, trapping people in flooded homes, forcing patients from nursing homes and hospitals, cutting off a popular barrier island and obliterating a historic waterfront pier. Nearly 2.7 million people lost power as rain fell and waters rose.

Curt Anderson | Associated Press
September 29, 2022
Business, Technology

VTNA Taps Nuss as Its First EV Dealer in Midwest

Volvo Trucks North America announced Nuss Truck & Equipment as its first certified EV dealer in the Midwest to assist fleets across both Minnesota and Wisconsin with their electromobility transition.

September 29, 2022
Business, Technology, Private

Walmart Opens First in Series of Next-Gen Fulfillment Centers

Walmart Inc. announced a 1.1 million-square-foot next-generation fulfillment center in Joliet, Ill.

September 29, 2022
Business, Technology, Autonomous

Autonomous Trucking Startup Waabi Hires Dustin Koehl to Lead Transport Operations

Self-driving truck developer Waabi has hired trucking executive Dustin Koehl as its head of transportation as the technology startup ramps up its operations.

Seth Clevenger | Managing Editor, Features and Multimedia
September 29, 2022
Business, Technology, Equipment, Fuel

Mining Companies Team Up to Wean Themselves Off Diesel Trucks

Members of the International Council on Mining and Metals are planning a joint effort to test hydrogen and other zero-emission technologies in a bid to shift away from diesel-fueled vehicles.

James Attwood | Bloomberg News
September 29, 2022
Government, Business

Economy Drops at 0.6% Annual Rate From April Through June

WASHINGTON — Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through June, the government announced Sept. 29, unchanged from its previous second-quarter estimate.

Paul Wiseman | Associated Press
September 29, 2022
Business, Technology, Logistics, Autonomous, For-Hire

Werner, Kodiak Collaborate on Driverless Longhaul Route

Werner Enterprises has partnered with the driverless trucking technology company Kodiak Robotics to establish an autonomous trucking lane, the companies announced Sept. 29.

Connor D. Wolf | Staff Reporter
September 29, 2022
Business, Technology, Logistics, Private

Clean Energy Fuels, Amazon Partner on RNG

Clean Energy Fuels Corp. announced Amazon.com Inc. will fuel trucks with renewable natural gas at the company’s public access station in Groveport, Ohio, as the two begin a larger partnership.

September 28, 2022
Business, Technology, Logistics

Sustainability Becomes Increasingly Critical to Supply Chain Leaders

Sustainability is increasingly becoming a priority among supply chain leaders because of technology and turbulent economic conditions.

Connor D. Wolf | Staff Reporter
September 28, 2022
Business, Logistics

Work Jurisdiction Issue May Impact Labor Talks for West Coast Ports

A dispute over the assignment of work at a Port of Seattle terminal potentially could disrupt talks to reach a multiyear labor agreement between 22,000 unionized dock and warehouse workers at 29 West Coast ports and management.

Dan Ronan | Senior Reporter
September 28, 2022