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, For-Hire

Roadrunner Opens Service Center in Atlanta

Roadrunner opened a new less-than-truckload service center in Atlanta, the longhaul freight carrier announced April 10.

Connor D. Wolf | Staff Reporter
April 10, 2024

Infographic: 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.

Government, Business, Fuel

Energy Researcher: Peak Oil Won’t Happen Before 2030

Global oil demand won’t peak before the end of this decade due to underwhelming fuel economy standards and slowing adoption of electric vehicles in the U.S., energy researcher Enverus says.

Tope Alake | Bloomberg News
April 10, 2024
Government, Business, Safety

NTSB's Report on East Palestine Due Out in June

The head of the National Transportation Safety Board told senators the agency expects to unveil a report in June detailing last year’s freight train derailment in East Palestine, Ohio.

Eugene Mulero | Senior Reporter
April 10, 2024
Business, Logistics

What's That? Supply Chain Crisis

Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.

April 10, 2024
Business, Logistics

What's That? Supply Chain Resilience

Supply chain resilience is the ability to persist, adapt or transform in the face of change and challenges. To be supply chain resilient, one must prepare and plan ahead.

April 10, 2024
Government, Business, Logistics, Global Freight

Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine

The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.

Brendan Murray | Bloomberg News
April 10, 2024
Government, Business, Fuel, Logistics

Baltimore Port Closure Means 35% Drop in April Coal Exports

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.

Will Wade | Bloomberg News
April 10, 2024
Government, Business, Logistics

Rental Clothing Firm Opens Kansas City Fulfillment Center

Operations have begun in Missouri at a 600,000-square-foot fulfillment center for women’s rental clothing company Nuuly in a $60 million two-phase project to create 750 jobs in five years.

Noël Fletcher | Staff Reporter
April 10, 2024
Business, Technology, Equipment

World of Volvo Debuts in OEM’s Hometown

GOTHENBURG, Sweden — Executives from Volvo Trucks and Volvo Cars lifted the veil on the new World of Volvo city center, offering a glimpse of the company's vision for the future.

Joe Howard | Executive Editor
April 10, 2024
Government, Business, Safety, Logistics

NTSB Eyes Ship’s Electrical System After Bridge Crash

Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are homing in on the vessel’s electrical system, NTSB Chair Jennifer Homendy said.

April 10, 2024