Transportation 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.
Pilotless FedEx, Reliable Robotics Plane Completes Flight
Reliable Robotics Corp. has flown a small cargo plane on loan from FedEx Corp. without a human on board, a step toward the autonomous flight startup winning regulatory approval.
December 6, 2023Unprecedented US Exports Are Weighing on Global Crude Market
Exports of U.S. crude are nearing a record of 6 million barrels a day — flooding the market with oil and weighing on prices from Europe to Asia.
December 6, 2023GXO Logistics Testing Humanoid Robot at Georgia Facility
Warehouse workers could soon face new competition from robots: GXO Logistics Inc. is testing a humanoid model at its facility in Flowery Branch, Ga.
December 6, 2023California-based Logistics Company Expands in South Carolina
South Carolina Gov. Henry McMaster announced that California-based IronLink Logistics will invest $16.45 million to establish operations there in a move to gain a Southeast presence.
December 6, 2023XPO In Line for 28 Yellow Properties for $870 Million
Less-than-truckload carrier XPO Inc. has agreed to pay $870 million for 26 owned terminals and two leased properties that previously were operated by Yellow Corp.
December 5, 2023Global Fossil Fuels Emissions to Hit Record Peak in 2023
The Global Carbon Project estimates that worldwide carbon dioxide emissions from burning fossil fuels will rise 1.1% this year over 2022, to 36.8 billion metric tons, a new peak.
December 5, 2023Breaking: Brad Jacobs' Bold Billion Dollar Move
Brad Jacobs, the billionaire who founded XPO Logistics Inc., is creating a publicly listed company designed for multiple acquisitions and funded with $1 billion, mostly from Jacobs himself. Jacobs has not yet said what industry he plans to expand into with his new venture.Â
December 5, 202360 Seconds: Cameras Help Reduce Liability in Trucking
The use of cameras on heavy-duty #trucks has gone mainstream as more and more fleets have adopted forward- and inward-facing cameras to coach drivers and reduce liability. Now the latest smart camera #technology is taking things a step further, helping carriers capture more angles, gain new insights and derive more operational value from video. Â
December 5, 2023USDOT Announces $1.5 Billion in Infrastructure Grants
The U.S. Department of Transportation recently announced the availability of grants designed to advance big-ticket infrastructure projects along commercial and commuter corridors.
December 5, 2023Danish Union Takes Action Against Tesla in Nordic Solidarity
The labor conflict against Tesla in Sweden is spreading to neighboring Denmark where the country’s largest trade union said Dec. 5 they will take action in solidarity with Swedish workers.
December 5, 2023Trending
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