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.
Factory Activity Contracts for a Sixth Month in April
U.S. factory activity contracted for a sixth-straight month in April, the longest such stretch since 2009 and a sign of lingering malaise in manufacturing.
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Uber Freight Launches New Carrier Fuel Card
Uber Freight unveiled a new fuel card to help carriers with on-the-road purchases, the company announced April 27.
May 1, 2023California OKs Advanced Clean Fleets Regulation
The California Air Resources Board approved its Advanced Clean Fleets regulation that will require some motor carriers to begin the transition to zero-emission trucks as soon as next year.
Ina Daly’s Sweet 16 Win Puts Her on Road to NTDC Again
XPO's Ina Daly earned her 16th trip to the National Truck Driving Championships by winning the tank truck division April 1 at the Arizona Truck Driving Championships.
EPA Allows Gasoline With Higher Ethanol Blend During Summer
DES MOINES, Iowa — Fuel stations throughout the U.S. will be able to sell gasoline blended with 15% ethanol in the summer under a waiver issued April 28 by the Environmental Protection Agency.
Toyota Class 8 Hydrogen Powertrain Approved in California
Toyota is to begin offering Class 8 commercial truck manufacturers and operators a hydrogen-fueled powertrain in California later this year.
April 28, 2023Railroads Warned of Potential Problems With Long Trains
OMAHA, Neb. — Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments.
Daimler Truck Launches Rizon Medium-Duty EV
Daimler Truck unveiled Rizon, its newly branded lineup of Class 4 and Class 5 medium-duty electric trucks, during a press conference April 27.
Hub Group Reports Revenue and Earnings Decline for Q1
Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.
Universal Logistics Reports Weaker Q1 Amid Softening Market
Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.