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

House Committee Approves Moving Protection Bill

Legislation that aims to increase protections for people moving personal property was recently approved by a committee in the U.S. House of Representatives.

Eugene Mulero | Senior Reporter
September 24, 2024
Business, Logistics

Evo Builds Out Truckload Operations With West Side Purchase

Phoenix-based Evo aims to build a diversified, national truckload carrier and brokerage through the acquisition of Cedar Rapids, Iowa-based West Side.

Keiron Greenhalgh | Staff Reporter
September 24, 2024
Government, Business, Safety

Maryland Sues Owner of Ship That Caused Key Bridge Collapse

BALTIMORE — The state of Maryland has added to the legal troubles facing the owner and operator of the containership Dali, which caused the deadly collapse of the Francis Scott Key Bridge.

Lea Skene and Brian Witte | Associated Press
September 24, 2024
Government, Business, Fuel

US, Canada to Negotiate Boundary to Oil-Rich Arctic Seabed

The U.S. and Canada have agreed to begin negotiations over claims to an Arctic seabed that may be rich in oil and is of growing strategic importance as Russia and China ramp up their presence.

Laura Dhillon Kane | Bloomberg News
September 24, 2024
Business, Technology, Fuel, Logistics

Ammonia-Powered Tugboat Shows How to Cut Shipping Emissions

KINGSTON, N.Y. — A tugboat powered by ammonia eased away from the shipyard dock and sailed for the first time to show how the maritime industry can slash carbon dioxide emissions.

September 24, 2024
Business, Logistics, Global Freight

Maersk Adds Port Disruption Surcharge as Strike Looms

AP Moller-Maersk added a local port disruption surcharge for all cargo moving to and from the East Coast and Gulf Coast terminals, to cover higher costs from “potential labor disruptions.”

Christian Wienberg | Bloomberg News
September 24, 2024
Business, Fuel

Diesel Prices Inch Up Across US After 10-Week Decline

Despite this minor uptick, diesel remains significantly cheaper than a year ago.

September 23, 2024
Government, Business, Safety, Logistics

ATA Calls on Congress to Streamline Transport Credentials

The Transportation Security Screening Modernization Act seeks to simplify the credentialing process for essential transportation workers.

September 23, 2024
Business, Technology, Fuel, For-Hire

J.B. Hunt First to Test RNG-Fueled Peterbilt 579-X15N

Multiple motor carriers have lined up to participate in a test of a single Peterbilt tractor powered by a Cummins engine fueled by renewable natural gas.

Keiron Greenhalgh | Staff Reporter
September 23, 2024
Business, Logistics

What's That? Intermodal vs Multimodal

Both intermodal and multimodal relate to using different modes of transport for a shipment, but there are some key differences between each of them.

September 23, 2024