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.
Hub Group: Easo Deal Forms Largest US-Mexico Intermodal Firm
Hub Group will team up with Mexico City-based Easo in a cross-border and intermodal joint venture, the companies said Oct. 8.
Expert Proposes Driver’s Test for Autonomous Vehicles
ANN ARBOR, Mich. — A leading expert on autonomous vehicles is calling on the federal government to develop a national driver’s test that such vehicles would have to pass.
Emissions Tampering Costs Auto Parts Firm $10M in Fines
On Sept. 10, Rudy’s Performance Parts Inc. and its owner, Aaron Rudolf, were sentenced in federal court in Washington, D.C., for conspiring to violate the Clean Air Act.
Oil Faces Rockiest Start to a Month Since 2022
Oil prices have seen their most volatile start to a month in almost two years as the spiraling tensions between Iran and Israel spur a bumper bout of volatility.
Maersk, Hapag-Lloyd Expect Red Sea to Be Unsafe Into 2025
A.P. Moller Maersk and Hapag-Lloyd plan to begin their partnership sailing south of Africa, indicating they expect the Red Sea to remain unsafe well into 2025.
'This Is It' as Hurricane Milton Closes In on Florida
TAMPA, Fla. — Hurricane Milton hurled rain, tornadoes and tropical storm-force winds at the U.S. coast Oct. 9 on the storm's steady, potentially catastrophic march toward Florida.
October 9, 2024Charging Developer Terawatt Opens First Facility for Fleets
Terawatt Infrastructure’s truck charging ambitions took a step forward with the opening of its first full-build light-duty fleet facility.
GM Eyes Affordable Electric Pickup With 350-Mile Range
The Detroit-based automaker is working to secure a North American supply of lithium iron phosphate batteries, according to its vice president of battery strategy.
Hyzon Begins Series Production of Fuel Cell System for Truck
Hyzon Motors on Oct. 8 began series production in Bolingbrook, Ill., of the 200-kilowatt fuel cell system set to power its Class 8 hydrogen fuel cell truck, the company announced.
What to Know About Hurricane Milton’s Storm Surge Threat
Now that Hurricane Milton, a storm more powerful than Helene, is heading straight for the same region, what can residents expect? “Worse. Much worse,” one former FEMA director said.