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.

Government, Business, Safety, Logistics

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.

Noël Fletcher | Staff Reporter
October 8, 2024
Business, Technology, Equipment

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.

Keiron Greenhalgh | Staff Reporter
October 8, 2024
Business, Fuel

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.

Devika Krishna Kumar | Bloomberg News
October 8, 2024
Government, Business

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.

Eugene Mulero | Senior Reporter
October 8, 2024
Business, Technology, Equipment

2024 MCE Photo Gallery

Photos from the 2024 Management Conference & Exhibition at Music City Center in Nashville, Tenn., on Oct. 12-15. 

October 8, 2024
Business, Technology

Honda 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.

Supriya Singh | Bloomberg News
October 8, 2024
Business, Technology, Safety, Autonomous

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.

Connor D. Wolf | Staff Reporter
October 8, 2024
Government, Business, Logistics

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.

Noël Fletcher | Staff Reporter
October 8, 2024
Business, Technology

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, 2024
Business, Technology

Continental 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