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, Safety

Patchwork of International Regulations Govern Cargo Ships

The patchwork system of safety regulations pertaining to cargo ships like the one that toppled a major bridge in Baltimore can allow freight transporters to skirt oversight, critics say.

Josh Funk | Associated Press
March 29, 2024
Business, Technology

Balancing Out the Future

Choosing an energy provider is one of many pressing issues facing the trucking industry as it looks to an EV future. 

Michael Freeze | Features Editor
March 29, 2024
Government, Business, Technology, For-Hire

Work Continues on Establishing PC-12 Oil Category

PC-12 will replace the current API CK-4 and FA-4 engine oils, but there are still hurdles ahead of the finish line.

Michael Freeze | Features Editor
March 29, 2024
Business, Technology, Equipment

Volvo’s 2024 VNL: Surprising Electrical, Mechanical Changes

There’s a synergy among driver comfort, simplicity of maintenance, better fuel economy and fleet operating ratio. Several significant changes in these areas are seen in Volvo’s 2024 VNL.

John Baxter | Special to Transport Topics
March 29, 2024
Business, Technology, Equipment

Fleet Concerns Remain Dynamic for 2024, TMC Data Says

The things that keep fleet managers up at night continued to shift through the end of 2023, according to a recent survey conducted by ATA's Technology & Maintenance Council.

Robert Braswell | Executive Director, Technology & Maintenance Council
March 29, 2024
Government, Business

Inflation Gauge Shows Price Pressures Easing Gradually

WASHINGTON — A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease.

Paul Wiseman | Associated Press
March 29, 2024
Government, Business, Equipment, Fuel

EPA Sets Strict Emissions Standards for Heavy Trucks

WASHINGTON — The Environmental Protection Agency on March 29 set strict emissions standards for heavy-duty trucks, buses and other large vehicles.

Matthew Daly and Tom Krisher | Associated Press
March 29, 2024
Business, Technology, Equipment, Fuel

Rizon EV Truck Deliveries Begin in California

Velocity EV announced March 27 that the first Rizon Classes 4-5 battery-electric cabover trucks are being delivered to customers throughout California.

March 28, 2024
Business, Logistics, Breaking News

Update: Federal Funds to Finance Baltimore Bridge Reconstruction

Secretary Buttigieg revealed the U.S. Department of Transportation is processing a quick release transportation emergency grant to Maryland for the reconstruction of Baltimore’s collapsed Francis Scott Key Bridge, which is causing supply chain disruptions since it was struck by a cargo ship.  

March 28, 2024
Government, Business, Private

Lawmakers Urge FTC to Take Action on Grocery Profits

A group of lawmakers wants the FTC to take action against large retailers, such as Amazon and Walmart, that increased profits during the COVID-19 pandemic and have kept prices high since.

Leah Nylen | Bloomberg News
March 28, 2024