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, Top 100

Schneider Moving Western Intermodal Service to Union Pacific

Schneider is expanding intermodal service by moving its primary western rail partnership to Union Pacific, the company announced Jan. 19.

January 24, 2022
Business, Technology, Fuel

Cummins, Isuzu to Co-Develop Prototype BEV

Cummins Inc. and Isuzu Motors announced an agreement to create a prototype medium-duty, battery-electric truck to demonstrate in North America.

January 24, 2022
Business, Fuel

Oil Explorers Are Fracking at Breakneck Pace, Fueling Inflation

Shale oil companies are using almost all of the fracking equipment and crews available as exploration expands, accelerating cost inflation and pointing to worsening supply chain disruptions across the industry.

David Wethe | Bloomberg News
January 24, 2022
Business, Technology, Equipment

Bendix Offers Remanufactured BA-921 Compressors

Bendix Commercial Vehicle Systems announced genuine Bendix remanufactured BA-921 compressors for Detroit Diesel DD13 and DD15 engines that meet 2007 and 2010 federal emission standards are now available for the commercial vehicle aftermarket.

January 24, 2022
Business, Fuel

Oil Demand Nears Pre-Pandemic Levels, Saudi Aramco Says

Demand for oil is nearing pre-COVID levels and producers globally are investing too little in supply, Saudi Aramco said.

January 24, 2022
Business, Technology, Equipment, Fuel

GM to Spend $6.5 Billion on Michigan EV Factories

LANSING, Mich. — General Motors is poised to announce the week of Jan. 24 major electric vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.

David Eggert and Tom Krisher | Associated Press
January 21, 2022
Government, Business, Technology, Safety

UCR Fees to Decline by 27% in 2023, FMCSA Says

Fees for Unified Carrier Registration Plan and Agreement participants in 2023 will be reduced by 27% compared with 2022 fees, the Federal Motor Carrier Safety Administration said in a Jan. 21 announcement.

Eric Miller | Senior Reporter
January 21, 2022
Business, Technology, Equipment, Fuel

Affinity Truck Center Gains EV Dealer Status

Affinity Truck Center achieved certified electric vehicle dealer status at its Fresno, Calif., dealership from both Mack Trucks and Volvo Trucks North America, each a brand of Volvo Group.

January 21, 2022
Business, Fuel

Shell Drops ‘Royal Dutch’ From Name After Relocation

Shell Plc has dropped “Royal Dutch” from its name, part of a major overhaul of its legal and tax structure announced in December.

Laura Hurst | Bloomberg News
January 21, 2022
Business, Top 50

CSX Earnings in Q4 Beat Wall Street Expectations

CSX Corp. announced fourth-quarter and year-end earnings that beat Wall Street analysts’ expectations after the markets closed Jan. 20.

Dan Ronan | Senior Reporter
January 21, 2022