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.
Viable Carbon Capture Key to Oil’s Future, Kerry Warns
John Kerry, the Biden administration’s top climate diplomat, said the oil and gas industry must prove carbon capture can play a meaningful role lowering emissions.
Farm Is First Customer for Electrified Trailer Developer Range
Electrified dry van and refrigerated trailer developer Range Energy’s first publicly announced customer is set to be Petaluma Egg Farm, which serves Northern California grocery stores.
Doug Nickles Repeats as TMCSuperTech Grand Champion
RALEIGH, N.C. — FedEx Freight’s Doug Nickles repeated as TMCSuperTech grand champion at American Trucking Associations’ Technology & Maintenance Council Fall Meeting on Sept. 17.
TCA Urges Lawmakers to Address Truck Parking Shortage
The group’s sixth annual “Call on Washington” this September featured visits with lawmakers, their federal legislative staff and industry experts.
Efficiency Is Key as Freight Carriers Wait for Market Uptick
As carriers await an upturn in the freight environment, executives say they continue to seek efficiencies and prepare their fleets for when the tipping point comes.
Fed Cuts Rates by Half-Point to Combat Slowing Job Growth
The Federal Reserve on Sept. 18 cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates.
All-Electric Cranes Lift Cargo at Port of San Diego
With the recent deployment of two massive, all-electric harbor cranes, the Port of San Diego is about two-thirds of the way from reaching its ambitious zero-emission targets.
Generative AI Driving Freight Brokerage Transformation
Efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations.
GM Begins Sales of Adapters for Tesla’s Charging Network
General Motors' electric vehicle customers are getting access to Tesla Superchargers starting this month, following an agreement struck last year between CEOs Mary Barra and Elon Musk.
Nippon Steel to Get Extension on US Steel Plan
A U.S. security panel has granted Nippon Steel permission to refile its plans to purchase United States Steel for $14.1 billion, likely pushing a decision on the takeover past the elections.