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, Equipment

Cummins’ $1.5 Billion Atmus Exchange Offer Attracts Traders

Cummins Inc. plans to distribute its remaining stakes in Atmus Filtration Technologies about a year after carving out the unit in an initial public offering.

Vigin Shen | Bloomberg News
March 13, 2024

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

Business, Logistics, TCA

New England Logistics Firm Opens Another Dallas-Area Site

Barrett Distribution Centers has added a second fulfillment center to its Dallas-area footprint with a new Forney facility.

March 13, 2024
Business, Autonomous

Update: Navistar Partners With Plus on Hub-to-Hub Autonomous Trucks

Truck maker Navistar Inc. has partnered with Plus, a developer of automated driving technology, to pave the way for hub-to-hub autonomous Class 8 trucks.

March 13, 2024
Business, Logistics, Private, TCA

Walmart Launches Express On-Demand Early-Morning Delivery

Walmart has launched an early delivery service it says will get products to your door on demand in as little as 30 minutes, starting at 6 a.m.

Robert Higgs | cleveland.com
March 13, 2024
Business, Equipment

Medium-Duty Sales Hit Fourth Month of Gains in February

U.S. retail sales for medium-duty trucks increased 13.5% year-over-year in February, marking a fourth consecutive month of positive gains, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
March 13, 2024
Business, Equipment, Breaking News

Class 8 Truck Sales Continue Downward Trend in February

U.S. Class 8 retail sales in February continued a trend of year-over-year declines, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
March 13, 2024
Government, Business, Safety, Logistics

Buttigieg Takes Railroads to Task on Safety

OMAHA, Neb. — Transportation Secretary Pete Buttigieg has reiterated his concerns about railroad safety and scolded the industry for not doing more to improve.

Josh Funk | Associated Press
March 13, 2024
Government, Business

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders.

March 13, 2024
Business, Fuel, Logistics

Cargill Looks to Use Sails on Cargo Ships to Burn Less Fuel

Commodities giant Cargill Inc. is looking to add wind-power capability on future cargo ships, after experimenting with sails that made a large vessel greener.

Jack Wittels | Bloomberg News
March 12, 2024
Government, Business, Fuel

Global Fuel Prices Are Surging With Supply Risks Ahead

Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices in the run-up to a U.S. presidential election.

March 12, 2024