Business
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.
US House to Debate Water Permitting Bill
House Republican leaders indicated that as early as the week of Feb. 12, the GOP-led Creating Confidence in Clean Water Permitting Act would reach the floor of the chamber.
Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Werner Enterprises Reports Revenue, Profit Decline for Q4
Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.
San Clemente Landslide Forces San Diego Rail to Halt Again
Freight trains to and from the Port of San Diego were suspended again the night of Feb. 6 by a slow-moving landslide that threatens the tracks at San Clemente, Calif.
US, EU Discuss Semiconductors, Cybersecurity, Supply Chain
The U.S. and European Union agreed to increase raw material sourcing for semiconductors and better align mutual cybersecurity protocols for infrastructure and businesses.
US Oil Output Expected to Flatline Until 2025
The U.S. sees oil production flatlining for most of this year before reaching a new record in early 2025. That would ease concerns about a supply glut that has weighed on prices.
Emissions Sensors Settlement Leaves Cummins Nursing Q4 Loss
A December settlement between Cummins Inc. and the federal government pushed the engine and component manufacturer’s results into the red in the fourth quarter of 2023, it said Feb. 6.
Averitt Bolsters Nashville Presence With Upgraded Facilities
Averitt Express expanded three of its key facilities as part of an ongoing effort to strengthen its foothold in Nashville, Tenn., the company announced Jan. 31.
February 6, 2024Toyota Boosts Spending on US EV Production by $1.3 Billion
Toyota Motor Corp. is boosting investment at a plant in Kentucky by $1.3 billion as it prepares to start U.S. production next year of a three-row, all-electric SUV.
60 Seconds: Revoy Launches Atypical EV for Class 8 Trucks
Bay Area startup touts electric vehicle's ability to boost fuel economy while reducing emissions. Story by Keiron Greenhalgh.
February 6, 2024STB Modifies Performance Requirements for Class I Railroads
Changes are being made in a nearly 2-year-old federal government requirement regarding performance levels at four Class I freight railroads.
February 6, 2024