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, Equipment

VTNA Opens Order Book for Redesigned VNL Class 8 Flagship

Volvo Trucks North America opened the order book April 15 for its new Class 8 VNL tractor, it said.

Keiron Greenhalgh | Staff Reporter
April 15, 2024

EDI for Trucking: Everything You Need to Know

Discover the transformative power of EDI for Trucking with Truckbase. Learn how seamless EDI integrations enhance data accuracy, operational efficiency, and customer satisfaction for asset-based carriers.

Business, Technology, Equipment

Tech Vendors Introduce Latest Offerings for 3PLs at TIA

PHOENIX — From business process automation to fraud prevention, industry tech developers rolled out new software features and service offerings for 3PL providers at TIA's conference.

Seth Clevenger | Managing Editor, Features and Multimedia
April 15, 2024
Business, Technology, Safety, Logistics

Truckstop Launches Carrier Vetting Services for Brokers

Truckstop launched three new services aimed at helping brokers ensure they’re doing business with trusted carriers, the company announced April 9.

Connor D. Wolf | Staff Reporter
April 15, 2024
Business, Technology, Logistics

Mode Global, Transporeon Automate Spot Freight Procurement

PHOENIX — Mode Global has been collaborating with TMS platform Transporeon to automate spot and dedicated freight procurement, the companies said in a joint announcement.

Seth Clevenger | Managing Editor, Features and Multimedia
April 15, 2024
Business, Fuel

Shale Oil ‘Fracklog’ Resumes Expansion After Yearlong Hiatus

Shale explorers are drilling wells faster than they’re fracking them, a strong signal that U.S. oil production growth is slowing.

April 15, 2024
Business, Technology, Equipment, Autonomous

New Intangles Service Helps Truckers Find Mechanic Shops

Intangles launched a new product designed to help truck drivers find a mechanic while on the road before vehicle issues occur, the predictive maintenance company announced April 11.

Connor D. Wolf | Staff Reporter
April 15, 2024
Government, Business, Technology, Equipment, Logistics, For-Hire, Global Freight

Amazon Becomes the Largest US Private EV Charging Operator

Amazon has installed more than 17,000 chargers at about 120 warehouses around the U.S., making the retail giant the largest operator of private EV charging infrastructure in the country.

Matt Day | Bloomberg News
April 15, 2024
Business, Technology

Tesla to Cut Over 10% of Workforce in Global Retrenchment

Tesla Inc. will slash global head count by more than 10%, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.

Ed Ludlow and Dana Hull | Bloomberg News
April 15, 2024
Government, Business, Technology

US to Provide $6.4 Billion to Samsung to Make Computer Chips

WASHINGTON — The Biden administration will provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.

Josh Boak | The Associated Press
April 15, 2024
Government, Business, Safety, Logistics

Source: Ship That Hit Bridge Had Power Issues While Docked

BALTIMORE — The containership that caused the collapse of a Baltimore bridge experienced apparent electrical issues before it left port but set out anyway, a source told the AP on April 15.

April 15, 2024