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.
EPA to Enforce Warehouse Emission Regulations in California
The EPA’s recent approval of a California law forcing warehouses to reduce emissions or pay mitigation fees tied to truck deliveries now provides stronger enforcement options.
Carrier Adds 8811MT TRU for Center-Split Reefer Trailers
Carrier Transicold is expanding its Vector range of multi-temperature trailer refrigeration units with the 8811MT, a transport refrigeration unit for center-divide trailers.
US Crude Production Growth Slows as Oil Rigs Decline
While output is still poised to reach a record of 13.54 million barrels a day, the annual rate of growth is now projected at 2.4% versus 3.2%, per the Energy Information Administration.
Biden Signs Bill Easing Veterans’ Access to CDL Schools
The bill Biden signed into law Oct. 1 seeks to guarantee accredited CDL schools can accommodate veterans at new branches. Previous law had mandated a two-year waiting period.
2024 MCE Photo Gallery
Photos from the 2024 Management Conference & Exhibition at Music City Center in Nashville, Tenn., on Oct. 12-15.
October 8, 2024Honda Leaves Door Open to Revise EV Strategy
Honda said it’s open to altering its electrification road map if demand for pure battery cars continues to wane, a sign the automaker may join international peers in walking back EV targets.
Gatik AI Partners With Experts for Autonomous Safety Audit
The evaluation examines multiple facets of operations, from the core self-driving component to the ecosystem of supporting services.
Wyoming Wildfires Prompt Emergency Livestock Transport
With wildfires still threatening Wyoming’s landscape and livestock, Gov. Mark Gordon has renewed two emergency orders to streamline the transportation of animals and their feed.
Northvolt Unit Files for Bankruptcy as Expansion Plan Halted
Northvolt AB sought bankruptcy protection for one of its units in a bid to limit the financial fallout from the troubled battery maker’s now-halted expansion in northern Sweden.
October 8, 2024Continental Picks Goldman, JPMorgan for Car Parts Spinoff
Continental AG has lined up banks to help with the separation of its struggling car parts business, moving ahead with the plans despite recalls related to faulty braking systems it supplied.
October 8, 2024