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.
Class 8 Truck Orders Fall 12% in August
North American Class 8 orders ended a three-month streak of positive year-over-year growth by falling 12% in August, according to ACT Research.
September 7, 2023Trucking Trade Groups Generally Support AEB Proposal
Organizations representing heavy trucks were generally supportive of a joint proposed rule to require automatic emergency braking technologies on heavy trucks — with caveats.
September 7, 2023July Used Class 8 Sales Decline 9.3% Year-Over-Year
Used Class 8 sales in July decreased 9.3% year-over-year to 19,500 units from 21,500, ACT Research reported.
September 7, 2023Tesla to Supply Hilton Hotels With 20,000 EV Chargers
Hilton Worldwide Holdings Inc. is partnering with Tesla Inc. to install 20,000 universal electrical vehicle chargers at 2,000 of its hotels in the U.S., Canada and Mexico.
September 7, 2023Flexport Founder Ryan Petersen to Return as CEO
Flexport CEO Dave Clark is abruptly leaving the startup after a year, making way for the return of founder Ryan Petersen and highlighting pressure on startups in the logistics industry.
September 7, 2023New York’s Port of Oswego Wins $4 Million Federal Grant
Secretary of Commerce Gina Raimondo has announced a $4 million economic development grant to New York’s Port of Oswego to buy new cargo-handling equipment and improve rail infrastructure.
September 7, 2023Former Ford, VW Executives Start Stack AV
The founders of the former self-driving unit of Ford Motor Co. and Volkswagen AG are launching a new autonomous trucking startup, Stack AV, with backing said to be more than $1 billion.
September 7, 2023Jaxport to Buy Two Ship-to-Shore Cargo Cranes
Florida state legislators have given Jacksonville Port Authority officials a $30 million check to purchase two new ship-to-shore container cranes for the Blount Island Marine Terminal.
September 6, 2023NDAA on Congressional Leaders’ Fall Radar
With lawmakers returning to Capitol Hill after the Labor Day holiday, attention will be devoted to arriving at a final version of the National Defense Authorization Act.
September 6, 2023TFI Buys Tank Truck Specialist Vedder in Ninth Deal of 2023
TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.
September 6, 2023Trending
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