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.
Norfolk Southern Probes Alleged Potential Misconduct by CEO
Norfolk Southern Corp. opened an investigation into allegations of potential misconduct by CEO Alan Shaw amid claims he was involved in an inappropriate workplace relationship.
Smart Roads, Freight Routes Raise Privacy Concerns
Cars can transmit information in real time to other cars and the various sensors posted along a road. The overarching objective is to dramatically curb roadway deaths and serious injuries.
Northvolt to Pause Some Production, Cut Staff
Swedish battery maker Northvolt is pausing part of the production at its flagship factory and cutting the workforce to cope with a drop in electric vehicle demand.
Stellantis Recalls 1.5 Million Ram Trucks
DETROIT — Stellantis is recalling nearly 1.5 million Ram pickup trucks worldwide to fix a software problem that can disable the electronic stability control system.
September 9, 2024US Pushes New Tech Export Rules to Limit China’s Access
The Biden administration plans to impose export controls on critical technologies including quantum computing and semiconductor goods.
Cracking the Code on Worker Sentiment in Trucking
Increasing numbers of trucking companies are turning to artificial intelligence-powered worker sentiment platforms to assess — and act on — employee sentiment in the workplace.
TMS: The Unsung Hero of Connected Trucking
Mark Hill, CEO of PCS Software, writes about how the TMS is evolving into an ever more sophisticated platform.
OPEC’s Quick Fix Masks Bigger Worry: Too Much Oil Next Year
OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.
Intel Is Exploring Sale of Part of Stake in Mobileye
Intel is considering options for its stake in its struggling automated driving systems provider Mobileye as part of a major strategy overhaul, people with knowledge of the matter said.
September 6, 2024How Self-Driving Trucks Could Create New Jobs
As autonomous truck developers move closer to deploying fully driverless on-highway tractors, they are also pioneering a set of new, specialized job functions.