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.

Business, Logistics, Global Freight, Top 100, Top 50

DHL Lays Out Plan to Boost Revenue 50% by 2030

DHL Group, the trading name of Deutsche Post AG, unveiled a new strategy aimed at increasing revenue by 50% by 2030 through various growth initiatives.

William Wilkes | Bloomberg News
September 23, 2024
Business, Technology

Stellantis Eyes Leadership Change as US Sales Decline

Stellantis NV Chairman John Elkann has started a search for a successor to CEO Carlos Tavares, whose contract runs out in early 2026.

September 23, 2024
Business, Equipment

Xtra Lease Expands Texas Footprint With Austin-Area Branch

Xtra Lease is set to expand its footprint in Texas with a new branch opening near Austin in mid-October, bringing its trailer leasing services closer to the region’s growing industrial hubs.

September 23, 2024
Business, Technology, Equipment, Fuel

Clarios Pilots AI-Enhanced Battery Monitoring for Fleets

Clarios is introducing technology that predicts battery health, informing drivers, fleet managers and maintenance teams of a battery’s status.

Mindy Long | Special to Transport Topics
September 23, 2024
Business, For-Hire

CRST Selects New Group President

CRST has appointed Bill Clement as its new group president and chief strategy officer, the carrier announced Sept. 19.

Connor D. Wolf | Staff Reporter
September 23, 2024
Government, Business, Technology, Equipment

IAA Transportation Sets Attendance Records in Hanover

The number of attendees jumped to 145,000, about 10% more than the last event in 2022.

Mindy Long | Special to Transport Topics
September 23, 2024
Business, Technology, Safety

Descartes Acquires MyCarrierPortal for $24 Million

Descartes Systems Group has acquired MyCarrierPortal, a U.S.-based provider of carrier onboarding and risk monitoring services for the trucking industry.

September 23, 2024
Government, Business, Technology, Safety, TCA

Biden Administration Proposes Ban on Chinese Vehicle Tech

WASHINGTON — The Biden administration introduced a draft regulation that would ban automakers in the U.S. from selling vehicles with important components and software from China and Russia.

Grant Schwab | The Detroit News
September 23, 2024
Business, Technology, Safety

Thieves Hunting for Copper Are Vandalizing EV Chargers

Thieves in the U.S. are increasingly vandalizing electric vehicle charging stations in order to remove valuable copper.

Kyle Stock and Tope Alake | Bloomberg News
September 23, 2024
Government, Business, Technology

US Ports Gear Up for Strike as Deadline Nears

Some 45,000 dockworkers at every major eastern and Gulf coast port are threatening to strike Oct. 1.

Laura Curtis | Bloomberg News
September 23, 2024