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.
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April 9, 2024Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Obscure Energy Calculation Could Speed Up EV Future
WASHINGTON — Overshadowed by the tailpipe emissions rule, the Department of Energy finalized changes to a calculation that could impact automakers’ ability to sell gas-powered vehicles.
Cruise to Resume Testing Its Robotaxi Service in Phoenix
Cruise is preparing to resume testing its robotaxis with safety drivers in Phoenix, marking an important step in its attempts to resume service after grounding its fleet last year.
Tesla Settles Suit Over Death in Crash Involving Autopilot
SANTA CLARA, Calif. — Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying on the company’s semi-autonomous driving software.
April 9, 2024Volvo's Alm: Stakeholders Play a Role in Net-Zero Ambitions
GOTHENBURG, Sweden — Volvo Trucks CEO Roger Alm said the company’s goal of achieving 100% net-zero carbon emissions across its value chain by 2040 must benefit all parties involved.
Norfolk Southern to Pay $600M in Settlement Over Derailment
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio.
Quantix Acquires TMS Provider CLX Logistics
Brown Gibbons Lang & Co. announced April 8 that it has sold transportation management systems company CLX Logistics to chemical supply chain services firm Quantix.
April 8, 2024Nikola Class 8 FCEV Truck Production Nudges Up to 43 in Q1
Nikola Corp. produced 43 and wholesaled 40 Class 8 hydrogen fuel cell electric vehicles in the first quarter of 2024, the truck maker said.
Diesel Leaps Back Over $4 Mark After 6.5¢ Increase
A 6.5-cent increase in the national average diesel price has brought trucking’s main fuel back over the $4 mark and left it just 3.7 cents shy of where it was a year ago.
April 8, 2024Tesla Shares Jump as Investors Buy Into Musk’s Robotaxi Hype
When Elon Musk announced late April 5 that he’ll unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker.