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.
CEO Says Uber Will Prioritize Autonomous Safety
Uber Technologies Inc. is prioritizing safety over profits as it develops its autonomous driving fleet, says CEO Dara Khosrowshahi.
Tesla to Finally Roll Out Robotaxi Tonight
When Elon Musk finally unveils autonomous taxi prototypes late Oct. 10, the Tesla CEO will have a lot to prove.
October 10, 2024Truck Parts Maker Accuride Files for Chapter 11 Bankruptcy
Commercial-truck parts maker Accuride Corp. filed for Chapter 11 bankruptcy protection after the company burned through cash amid a freight industry recession in the U.S.
Inflation Reaches Lowest Point Since February 2021
WASHINGTON — Inflation in the United States dropped last month to its lowest point since it first began surging more than three years ago, adding to a spate of encouraging economic news.
Hurricane Milton Pounds Cities as It Plows Across Florida
TAMPA, Fla. — Hurricane Milton barreled into the Atlantic Ocean on Oct. 10 after plowing across Florida, pounding cities with ferocious winds and rain, and whipping up a barrage of tornadoes.
River Horse Logistics Purchases 3PL Lynx Logistics
River Horse Logistics will buy third-party logistics provider Lynx Logistics for an undisclosed sum, the companies said.
Stellantis Targets Management Changes After Profit Warning
Stellantis CEO Carlos Tavares may present his proposal at a board of directors meeting in the U.S. this week, said the people, who asked not to be identified discussing confidential information.
Volvo Cars Deputy CEO to Leave After EV Plan Walked Back
Volvo Car AB is shaking up its management team, with Chief Commercial Officer and Deputy CEO Bjorn Annwall leaving the company.
Honda Recalls 1.7 Million Vehicles Due to Steering Glitch
Honda Motor Co. is recalling nearly 1.7 million of its popular CR-V and HR-V SUVs and Civic and Acura Integra sedans because they’re at risk of steering trouble while in motion.
Amazon Unveils AI Tool to Help Drivers Find Packages Faster
Amazon.com Inc. unveiled a new artificial intelligence tool designed to help drivers locate packages in cluttered vans.