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.
March Used Class 8 Sales Down 20% Year-Over-Year
Sales of used Class 8 trucks in March decreased 19.8% year-over-year to 20,200 units from 25,200, ACT Research reported. However, month-over-month sales rose 14.8%.
TT Podcasts: RoadSigns Archive
How can autonomous trucks fit into the freight transportation industry? Host Seth Clevenger chats with Waabi's Vivian Sun and Apex.ai's Jan Becker.
Tesla’s Swelling Inventory Suggests Continued Price Cuts
In the two weeks since Tesla alarmed investors by revealing how much of a toll discounts were taking on its profit margins, Elon Musk has bumped prices back up across the lineup.
Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook
Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.
Clean Truck Technologies Developing at Rapid Pace
ANAHEIM, Calif. — The rollout of zero-emission commercial vehicles and the infrastructure to support it is proceeding with added urgency.
RXO Reports $1 Billion Revenue for First Full Quarter
RXO on May 3 reported revenue exceeding $1 billion in its first full quarter as an independent company. The Charlotte, N.C.-based business formerly operated within XPO.
Paccar, Toyota Plan to Produce Hydrogen Fuel Cell Trucks
ANAHEIM, Calif. — Truck manufacturer Paccar Inc. and global automaker Toyota Motor Corp. are moving forward with a partnership to produce fuel cell electric Class 8 trucks.
Daimler Unveils Freightliner Medium-Duty eM2 Truck
ANAHEIM, Calif. – Daimler Truck North America premiered the Freightliner eM2, the latest entry in its line of electric vehicles, during the Advanced Clean Transportation Expo May 2.
Eaton Q1 Profit Rises 19.7% as It Eyes Megaprojects
Profits at Eaton Corp. rose 19.7% in the first quarter of 2023 on sales growth that beat company expectations.
Oklahoma, UK Form Clean Energy Pact
Oklahoma and Britain will address trade barriers, increase investment and enhance business cooperation in zero-emission vehicles, agriculture and alternative energy.
COMING SOON: SHIFT - Technology Learning Sessions
With emerging technologies placing a priority on efficiency, are in-cab technologies the next big adoption trend? Which trucking companies are choosing to sign on early and what kind of results are they seeing for their operations and their drivers? And, how do opinions on in-cab cameras differ between fleet managers, drivers, and legal experts? Join us for conversations that will help shift your thinking and your operations.
May 2, 2023