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.

Government, Business, Logistics, Global Freight

Port Dockworkers Threaten to Strike Over Automation, Pay

About 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation’s cargo from ships.

Tom Krisher | Associated Press
September 18, 2024
Government, Business

House Bill Would Ease Veterans’ Path to Apprenticeships

Legislation aimed at facilitating access to veterans benefits for interstate trucking apprenticeships was recently introduced in the House of Representatives.

Eugene Mulero | Senior Reporter
September 17, 2024
Government, Business, Logistics

Yellow Loses Ruling Over $6.5 Billion in Pension Debts

Bankrupt carrier Yellow Corp. and its hedge fund owners lost a court ruling over $6.5 billion in debt that pension funds claim the defunct company owes them.

Steven Church | Bloomberg News
September 17, 2024
Business, Technology, Equipment, Logistics

Trimble Unveils New Tools to Boost Fleet Safety, Efficiency

Trimble has introduced several product releases and updates across its trucking technology portfolio to help fleet operators improve efficiency, safety and productivity.

Seth Clevenger | Managing Editor, Features and Multimedia
September 17, 2024
Business, Equipment

Medium-Duty Truck Sales Dip 1% in August Year Over Year

U.S. retail sales of medium-duty trucks experienced a slight year-over-year decline in August, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
September 17, 2024
Business, Technology, Equipment, Fuel

Hyzon Starts Series Production of Class 8 Hydrogen Fuel Cell Truck

Hyzon began series production of its 200-kilowatt Class 8 hydrogen fuel cell electric truck Sept. 16, the Bolingbrook, Ill.-based company said.

Keiron Greenhalgh | Staff Reporter
September 17, 2024
Business, Technology, Logistics, Private, Global Freight

Intel to Make Custom AI Chip for Amazon, Delay German Plant

Intel and Amazon’s AWS will co-invest in a custom semiconductor for artificial intelligence computing — what’s known as a fabric chip — in a “multiyear, multibillion-dollar framework.” 

Ian King | Bloomberg News
September 17, 2024
Business, Technology, Fuel, Logistics, Private, Global Freight

PepsiCo, Maersk, Others Team Up on Electric Truck Pilot

A high-powered coalition is spearheading efforts to electrify the Interstate 10 trucking corridor.

Keiron Greenhalgh | Staff Reporter
September 17, 2024
Government, Business, Equipment, Safety

Jury Rules Against Daimler in $160 Million Liability Verdict

An Alabama state jury has issued a $160 million verdict against DTNA in a product liability case involving a driver who became quadriplegic after a 2022 rollover accident.

Eric Miller | Senior Reporter
September 17, 2024
Government, Business

Daimler Execs Call on Governments to Act on Infrastructure

HANOVER, Germany — Daimler Truck leaders are calling on governments to help advance the buildout of EV charging infrastructure, saying it is the missing piece for fleets to adopt the technology.

Joe Howard | Executive Editor
September 16, 2024