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, Logistics

Trade Deficit Narrows Most on Record on Muted China Imports

The U.S. trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid COVID lockdowns in China while exports climbed.

Ana Monteiro | Bloomberg News
June 7, 2022
Government, Business, Logistics

Supply Snarls in US Are Easing

The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 reached in March.

Brendan Murray | Bloomberg News
June 7, 2022
Government, Business, Technology, Autonomous

FMCSA Technology Chief Says Automated Truck Proposal Targeted for Late 2022

A top Federal Motor Carrier Safety Administration official told safety executives attending a commercial vehicle safety conference that a proposed rulemaking for fully automated heavy trucks is targeted for later this year.

Eric Miller | Senior Reporter
June 6, 2022
Business, Equipment

Dobbs Peterbilt Adds Louisiana Location

Dobbs Peterbilt, based in Monroe, La., announced it opened its doors.

June 6, 2022
Business, Technology, Equipment, Fuel

Ford-Backed Startup Targets EV Alternatives to Lithium-Ion Batteries

Solid Power Inc., the battery startup that went public in a reverse merger last year, has begun operating a new pilot line, putting it on pace to deliver sample cells to automotive partners by year-end.

Gabrielle Coppola | Bloomberg News
June 6, 2022
Business, Technology, Fuel

Protect Your Fleet’s Fuel Using Smart Tech

The fuel in your fleet’s tanks is a high-demand commodity—and one of your largest hard-dollar costs. Thieves take little risk in stealing and reselling it for thousands of dollars a day. Learn how smart fleet management technology can help you protect your fleet and its fuel. Read this white paper to learn:  the 6 costs of fuel theft  5 red flags that fuel has been stolen  how smart fleet management extends your prevention strategies 

June 6, 2022
Business, Equipment

Ritchie Bros. Names Eric Jacobs Chief Financial Officer

Ritchie Bros. Auctioneers Inc. appointed Eric Jacobs chief financial officer, effective June 6.

June 6, 2022
Business, Logistics, For-Hire

XPO’s SEC Filing Advances Spinoff of Brokerage Platform

XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.

June 6, 2022
Business, Technology, Equipment

Bruckner’s Becomes First EV-Certified Mack Dealer in Texas

Mack Trucks announced Bruckner’s Truck & Equipment in Fort Worth, Texas, is now a certified electric vehicle dealer, making this the first Mack dealership to be EV-certified in Texas.

June 6, 2022
Business, Technology, Equipment

Eaton Offers 48-Volt Programmable ECU for Heated Catalysts

Eaton announced its eMobility business introduced a 48-volt programmable power electronics control unit for electrically heated catalysts that can be used by commercial vehicle manufacturers to meet tightening global emissions regulations.

June 6, 2022