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.

Government, Business, Safety

Update: US Traffic Deaths Decline by 3.6% in 2023

U.S. traffic deaths fell 3.6% last year despite an increase in miles travelled, according to new estimates by NHTSA. Still, almost 41,000 people were killed in motor vehicle traffic crashes on the nation’s roadways in 2023.

April 2, 2024

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Technology

At Amazon Fresh, Smart Carts Are In, ‘Just Walk Out’ Is Out

NEW YORK — Amazon is removing Just Walk Out technology from its Amazon Fresh stores as part of an effort to revamp the grocery chain.

Haleluya Hadero | Associated Press
April 2, 2024
Business

Toyota, Honda Sales Up as Americans Seek Cheaper Cars

Toyota Motor Corp. and Honda Motor Co. notched big U.S. sales gains and General Motors Co. grew retail deliveries to start the year as demand for lower-priced models help automakers defy expectations for a broad slowdown.

April 2, 2024
Government, Business, Logistics

Port of Laredo Cargo Is Big Winner in Biden’s New I-27 Law

Boosting U.S.-Mexico cargo movements through the Port of Laredo will be a key outcome of President Joe Biden’s recent enactment of a new law designating a future Interstate 27.

Noël Fletcher | Staff Reporter
April 2, 2024
Business, Technology, Equipment

Rivian Beats EV Production Estimates

Rivian Automotive built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a boost as it grapples with production hurdles and heavy costs.

Ed Ludlow | Bloomberg News
April 2, 2024
Business, Technology, Equipment

Tesla Sales Fall Way Short of Estimates

Tesla Inc. suffered its first year-over-year sales drop since the early days of the COVID pandemic.

Dana Hull | Bloomberg News
April 2, 2024
Government, Business, Safety, Logistics

Second Channel Opens at Baltimore Bridge Site

BALTIMORE — Crews opened a second temporary channel April 2 allowing a limited amount of marine traffic to bypass the wreckage of Baltimore’s collapsed Francis Scott Key Bridge.

Lea Skene | Associated Press
April 2, 2024
Government, Business, Safety, Logistics

Freight Railroads Must Keep Two-Person Crews

Major freight railroads will have to maintain two-person crews on most routes under a new federal rule that was finalized April 2.

Josh Funk | Associated Press
April 2, 2024
Business, Safety, Logistics

Cargo Ship Owner Seeks $44 Million Liability Limit

The owner of the ship that rammed a bridge in Baltimore, killing six workers and disrupting the eastern U.S. transportation network, is seeking to limit its liability to about $43.7 million.

Ethan M Steinberg | Bloomberg News
April 1, 2024
Business, Logistics

What's That? Freight Broker

A transportation management system or TMS is a logistics platform that uses technology to help trucking businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing.

April 1, 2024