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

Western Star Launches 47X Model for Weight-Sensitive Vocational Market

Daimler Trucks North America has introduced the Western Star 47X vocational model, a Class 8 truck intended for lighter-weight applications than the heavier 49X introduced in September 2020.

Roger Gilroy | Senior Reporter
September 23, 2021
Business, Technology, Fuel

Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil

A.P. Moller-Maersk A/S is investing in a startup that develops electrofuels as part of a strategy to own technologies that can help it become carbon neutral.

Christian Wienberg | Bloomberg News
September 23, 2021
Government, Business

Short-Term Extensions Possible for Highway Law, Government Funding

WASHINGTON — With less than a week before the nation’s premier highway law expires and funding for most of the federal government comes to a halt, Congress is likely to adopt short-term legislative extensions.

Eugene Mulero | Senior Reporter
September 23, 2021
Business, Safety, Logistics

New York Faces New Flood Threat Just Weeks After Ida’s Havoc

New York and the U.S. Northeast are facing another flood threat just three weeks after the remnants of Hurricane Ida devastated the region, but the heavy rain expected through Sept. 24 won’t match that storm’s deadly deluge.

September 23, 2021
Business

Tolling Violations: How to Minimize Violations and Protect Your Bottom Line 

Program Aired: September 23, 2021 Most fleets incur tolling violations that, over time, significantly impact their spending. This webinar will dive into why fleets incur these violations, how they work, and specific steps you can take to reduce or eliminate the violations you are responsible for paying for.  

September 23, 2021
Business, Logistics

Containers Piling Up at Rail Yards Add to Port Strains

To understand why more than 100 containerships are waiting to enter U.S. ports from Southern California to Savannah, Ga., it helps to keep tabs on the congestion that’s building at another key junction of freight transportation: rail yards.

Brendan Murray | Bloomberg News
September 23, 2021
Business, Technology, Autonomous, Top 100

Ryder Partners With Embark to Open Autonomous Truck Transfer Points

Ryder System and Embark Trucks are launching a nationwide network of transfer points that will be used to transition shipments from driverless longhaul trucks to driver-enabled last-mile trucks, the companies said Sept. 21.

Connor D. Wolf | Staff Reporter
September 23, 2021
Government, Business, Technology, Safety, Autonomous

FMCSA Nominee Meera Joshi Promotes Autonomous Tech’s Safety Potential

WASHINGTON — Autonomous technology meant to enhance freight connectivity could transform the country’s commercial landscape and improve safety, President Joe Biden’s nominee to oversee trucking regulations told a U.S. Senate panel Sept. 22.

Eugene Mulero | Senior Reporter
September 23, 2021
Business, Technology, Logistics, Autonomous

Tesla Is Building a New Battery Factory in California

A California mayor said Tesla Inc. broke ground in his city on what it calls a new “Megafactory,” praising the planned facility in a Facebook post that was deleted and is now visible again.

Dana Hull | Bloomberg News
September 23, 2021
Business, Technology

Worsening Chip Woes to Cost Automakers $210 Billion in Sales

The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to 2021 revenue for the world’s automakers to $210 billion.

Keith Naughton | Bloomberg News
September 23, 2021