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

US Dockworkers Agree to Resume Work, Ending 3-Day Strike

Ports are reopening Oct. 4, and the ILA and USMX will restart negotiations on a long-term agreement, which will include a pay increase of about 62%.

October 3, 2024
Government, Business, Logistics

Port Strike Sparks High Demand for Toilet Paper at Retailers

During visits to Costco stores in northern New Jersey, Oppenheimer analyst Rupesh Parikh said his team “observed behaviors similar to the start of the pandemic.”

October 3, 2024
Government, Business, Fuel

Vice Presidential Candidates Defend Energy Policies

The differing viewpoints on energy and environmental policy held by the two major party candidates for the U.S. presidency were dissected during a spirited but collegial debate by their running mates on Oct. 1

Eugene Mulero | Senior Reporter
October 3, 2024
Business, Logistics, Global Freight

DSV Starts $5.5 Billion Share Sale for DB Schenker Takeover

DSV received commitments from investors for more than half of a $5.5 billion sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker.

Christian Wienberg | Bloomberg News
October 3, 2024
Government, Business, Safety

Trucking Industry Accelerates Hurricane Helene Relief

Trucking industry and governmental aid efforts are underway to assist communities reeling from Hurricane Helene, a Category 4 storm that slammed the Gulf Coast on Sept. 26.

Noël Fletcher | Staff Reporter
October 3, 2024
Business, Safety

Maximizing Safety and Efficiency: How Improving Your ISS Score Boosts Bypass Rates and Driver Retention

Program Airs: October 3, 2 p.m. ET Learn how improving your ISS (Inspection Selection System) score can lead to higher bypass rates and better driver retention.

October 3, 2024
Business, Technology, Equipment

Volvo Begins Series Production of VNL Tractor in Virginia

Volvo Trucks North America began series production of its redesigned Class 8 flagship VNL tractor at the 2.3 million-square-foot New River Valley assembly plant in Dublin, Va., it said Oct. 3.

Keiron Greenhalgh | Staff Reporter
October 3, 2024
Business, Technology

The Future of EV Charging Looks a Lot Like an Airport Lounge

Charging an electric vehicle in the future increasingly looks like an experience somewhere between a truck stop and an airport lounge.

October 3, 2024
Business, Equipment

August Used Truck Sales Show Little Change

Sales rose 1.3% to 22,800 units from 22,500 in August 2023, but the figure was unchanged from July.

Connor D. Wolf | Staff Reporter
October 3, 2024
Business, Technology, Equipment, Fuel

Nikola Sells 88 Class 8 Hydrogen Fuel Cell Trucks in Q3

“Despite overall market headwinds, Nikola remains focused on our mission to pioneer solutions for a zero-emission world, and we’re doing it one truck at a time,” CEO Steve Girsky said.

Keiron Greenhalgh | Staff Reporter
October 3, 2024