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, Technology, Equipment

International Unveils Revamped Class 8 HV Vocational Trucks

Series production of the updated HV 509, HV 515, HV 609 and HV 615 models is due to start in June 2025, executives said.

Keiron Greenhalgh | Staff Reporter
September 18, 2024
Government, Business

ATA Maintains Fight Against California's Fleets Rule

In new written comments, American Trucking Associations continues to oppose a request for EPA to grant a waiver allowing implementation of California’s Advanced Clean Fleets regulation.

Eric Miller | Senior Reporter
September 18, 2024
Business, Logistics, Global Freight

CVC Willing to Bump DB Schenker Bid After Losing to DSV

CVC Capital Partners signaled it’s willing to increase its 14 billion-euro ($15.6 billion) offer for Deutsche Bahn AG’s logistics unit after losing the bidding to Danish company DSV A/S.

Aaron Kirchfeld | Bloomberg News
September 18, 2024
Government, Business, Safety

US Sues Ship Owner, Operator Over Baltimore Bridge Collapse

The Justice Department is seeking $100 million to cover costs the U.S. incurred after the cargo ship Dali destroyed the Francis Scott Key Bridge and brought the Port of Baltimore to a standstill.

Chris Strohm | Bloomberg News
September 18, 2024
Business, Logistics, Private, Global Freight

Amazon Boosts Warehouse Worker Pay by at Least $1.50 an Hour

Amazon.com Inc. is raising the pay of its hourly warehouse workers by at least $1.50 an hour and tacking on Prime memberships to their benefits package.

Matt Day | Bloomberg News
September 18, 2024
Business, Technology

Isaac Becomes First to Integrate With Trimble’s Cloud TMS

The company announced the new integration Sept. 15 in conjunction with Trimble’s Insight 2024 conference in Las Vegas.

Seth Clevenger | Managing Editor, Features and Multimedia
September 18, 2024
Government, Business

UAW to Hold Strike Authorization Votes Against Stellantis

The United Auto Workers will ask members to greenlight a strike against Stellantis NV, escalating an already tense standoff with one of the world’s largest car manufacturers.

September 18, 2024
Business, Technology

Alvys Offers Free PC Miler Integration for Its TMS Users

Alvys announced it has integrated its transportation management software with Trimble’s PC Miler truck routing, mileage and mapping software.

Seth Clevenger | Managing Editor, Features and Multimedia
September 18, 2024
Government, Business, Technology, Safety

Long Trains Pose Derailment Danger, Report Says

OMAHA, Neb. — As freight trains have grown longer, the U.S. has seen an increase in the number of a certain type of derailment, the National Academies of Sciences said.

Josh Funk | Associated Press
September 18, 2024
Business, Technology

Magnus Launches Enhanced Driver App for Load Planning

Magnus announced the new products Sept. 15 at Trimble’s Insight 2024 conference in Las Vegas.

Seth Clevenger | Managing Editor, Features and Multimedia
September 18, 2024