Business
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.
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.
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.
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, 2024Clarios 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.
CRST Selects New Group President
CRST has appointed Bill Clement as its new group president and chief strategy officer, the carrier announced Sept. 19.
IAA Transportation Sets Attendance Records in Hanover
The number of attendees jumped to 145,000, about 10% more than the last event in 2022.
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, 2024Biden 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.
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.
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.