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, Technology

Battery-Metal Rush Pits Miners Against Marine Biologists

Controversial plans to mine the ocean floor face a key test this year when a United Nations body unveils rules that could spur the exploitation of hundreds of billions of dollars of battery metals.

Jonathan Tirone | Bloomberg News
April 26, 2021
Business, TCA

UPS Delivers Dream for Boy With Leukemia

STOCKTON, Calif. — For a 6-year-old Stockton, Calif., boy who is battling leukemia, dreams do come true.

Angelaydet Rocha | The Stockton Record
April 26, 2021
Business

L.A. Ports Are Slowly Chipping Away at Ship Backlog

Ship congestion outside the busiest U.S. gateway for trade with Asia eased over the past week, with the number of container vessels waiting to enter the twin ports of Los Angeles and Long Beach staying below 20 for five straight days.

Brendan Murray | Bloomberg News
April 26, 2021
Business

Daimler Reports Significantly Higher Q1 Net Income

Daimler Group reported higher net income and improved revenue in the first quarter as total vehicle sales climbed 13% compared with a year earlier.

Roger Gilroy | Senior Reporter
April 23, 2021
Business, Technology, Equipment, Safety

Fleets Cautious About ADAS Adoption, TMC Panelists Say

Advanced driver assistance systems have the potential to improve safety, but the road to adoption in trucking likely remains long, according to experts.

Eleanor Lamb | Staff Reporter
April 23, 2021
Business, Technology, Equipment

Volvo Reports Higher Net Income, Revenue as Truck Deliveries Increase

Volvo Group reported higher net income and revenue for the first quarter as truck deliveries increased along with demand for other products and services.

Roger Gilroy | Senior Reporter
April 23, 2021
Government, Business, Safety

Pennsylvania Gov. Tom Wolf Announces 43 Multimodal Projects

Pennsylvania Gov. Tom Wolf recently announced $45.9 million in funding has been invested in multimodal projects meant to improve safety, mobility and economic activity.

Eleanor Lamb | Staff Reporter
April 23, 2021
Government, Business, Fuel

Biden Calls for Fourth Industrial Revolution to Close Climate Summit

President Joe Biden invited world leaders to join the U.S. in driving a “fourth industrial revolution” to transform the energy sector, create jobs and overcome the threat of climate change, capping his two-day summit on global warming April 23.

Jennifer A. Dlouhy | Bloomberg News
April 23, 2021
Business, Technology, Equipment

Achates’ Engine Brings Power, Lower Emissions

Achates Power of San Diego has developed a two-stroke truck diesel that has two crankshafts linked to two opposed pistons facing each other in a common cylinder.

John Baxter | Special to Transport Topics
April 23, 2021
Business, Technology, Equipment

TMC Employs Gamification to Promote Opportunities for Youth

American Trucking Associations’ Technology & Maintenance Council is forging new ground with the release of a new augmented reality game app aimed at attracting, fostering and welcoming a new generation of skilled technicians to the trucking industry.

Robert Braswell | Executive Director, Technology & Maintenance Council
April 23, 2021