Trucking Business News

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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.

BusinessTechnologyFuel

Northvolt Close to $300M Deal to Address Cash Flow Issues

A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among these groups, a source said.

October 17, 2024
BusinessTechnologyEquipmentFuelLogistics

EV Manufacturer Revoy Unveils Ryder as First Customer

Revoy revealed Ryder System as the first customer for the Bay Area startup鈥檚 electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.

October 17, 2024
GovernmentBusinessLogisticsTCA

Ports of Indiana Announces Expansion and New Partnership

JEFFERSONVILLE, Ind. 鈥 Ports of Indiana, in partnership with Superior River Terminals Indiana, has launched 鈥淚ndiana River and Rail Terminals,鈥 the largest general cargo operation on the Ohio River.

October 17, 2024
BusinessSafety

Meijer, Ohio Trucking, DDC Win Awards for Industry Advocacy

NASHVILLE, Tenn. 鈥 The Mike Russell Trucking Image Award is given annually to those that demonstrate the industry鈥檚 essential nature, professionalism and commitment to safety.

October 17, 2024
BusinessFuel

LNG Tanker Glut Is Softening Blow for Consumers

Ships that carry LNG are being built faster than new supplies of the fuel can come to market, helping to lower transport costs and cushioning consumers from paying more for energy this winter.

October 17, 2024
BusinessEquipmentLogistics

Study: Tighter Intermodal Chassis Regulation Enforcement Needed

Policy changes would be an impractical solution to making the drayage and intermodal chassis market more efficient, according to a recently published study.

October 17, 2024
GovernmentBusinessTechnologyEquipmentFuel

PACT, Utilities Team Up to Speed ZEV Infrastructure Buildout

The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. 鈥淲e can present a united front,鈥 he said.

October 17, 2024
GovernmentBusiness

Shoppers Spent More at Retailers in September

WASHINGTON 鈥 Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend.

October 17, 2024
BusinessTechnologyLogisticsFor-HirePrivateGlobal Freight

Consumers Switch to Slower Shipping, Squeezing UPS, FedEx

More people are switching to slower delivery options to save money, and profits at FedEx Corp. and UPS Inc. are getting squeezed.

October 17, 2024
BusinessLogistics

CSX Sees 8% Profit Growth Despite Southeast Storm Damage

The Florida-based railroad is recovering from hurricanes Helene and Milton that battered its network in the Southeast. Some trains had to be rerouted as tracks are cleared and repaired.

October 16, 2024

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