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, Fuel

Tesla, Rivian Reach Conditional Settlement in Poaching Suit

Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

Malathi Nayak | Bloomberg News
November 25, 2024
Government, Business, Logistics

Tariff Concerns Propel Chinese Exports to Record Heights

China's export growth will accelerate to 7% in the final three months from the same period last year, according to the median forecast of analysts surveyed by Bloomberg Nov. 15-21.

November 25, 2024
Business, Technology, Fuel, Autonomous

UBS: Tesla’s Rally Fueled by Investor Optimism, Not Growth

Tesla Inc.’s post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.

Craig Trudell | Bloomberg News
November 25, 2024
Government, Business

N.J. Gov: ‘Money Coming Back Our Way’ Key to NYC Toll Deal

New Jersey Gov. Phil Murphy said that while he’s committed to trying to block New York City’s congestion pricing plan, he’s open to negotiating a deal that would allocate a portion of the revenue to his state.

November 22, 2024
Business, Safety, Perspective

Perspective: ICHRAs and How They Can Help Small Companies

A relatively new benefits option allows transportation companies to control their expenses by reimbursing drivers for health insurance rather than buying it for them.

Jack Hooper | CEO and Co-Founder, Take Command
November 22, 2024
Business, Private, Top 100

Walmart Outshines Rivals With High Employee Bonuses

Walmart Inc.’s corporate employee bonuses are set to surpass targets again this year as the company’s stock soars and sales outperform its retail rivals.

Jaewon Kang | Bloomberg News
November 22, 2024
Business

ATD Announces Jacqueline Gelb as New President

Gelb succeeds Laura Perrotta, who left American Truck Dealers earlier this year to take the reins at the New Jersey Coalition of Automotive Retailers.

November 22, 2024
Government, Business, For-Hire

UPS Settles With SEC Over Freight Business Valuation

UPS has reached a $45 million settlement with the Securities and Exchange Commission over claims made by the agency that the carrier improperly valued its freight business in financial results reporting.

Cailley LaPara | Bloomberg News
November 22, 2024
Business, Technology

How AI Is Shaping the Next Generation of TMS Development

Transportation management systems are beginning to integrate artificial intelligence to unlock new levels of automation, improve decision-making and enable greater configurability.

Mindy Long | Special to Transport Topics
November 22, 2024
Business, Technology, Safety, For-Hire

A Cybersecurity Playbook for Trucking in 2025

With another year of hacker break-ins looming before us, now is a great time to evaluate cybersecurity for your trucking business to ensure that you’re using the latest technology to keep cybercriminals at bay.

Joe Dysart | Webology 101
November 22, 2024