Norfolk Southern CEO Mark George says the railroad is ready for a fresh start after a painful 18-month period involving a derailment, an activist proxy fight and the ouster of his predecessor.
September 13, 2024Trucking 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.
New Norfolk Southern CEO Calls Last 18 Months ‘Brutal’
Decision on US Steel Deal May Come After Election
United States Steel Corp. surged the most this year after The Washington Post reported that President Joe Biden wouldn’t immediately move to block Nippon Steel Corp.’s takeover bid.
September 13, 2024NTSB Describes Effort to Douse Tesla Semi Fire
WASHINGTON — California firefighters had to douse a flaming battery in a Tesla Semi with about 50,000 gallons of water to extinguish flames after a crash, NTSB said Sept. 12.
September 13, 2024Port of Long Beach Hits 113-Year High in Cargo for August
The Port of Long Beach once again saw record-breaking cargo numbers in August, port officials said Sept. 12.
September 13, 2024Uber to Launch Driverless Rides With Waymo in Austin, Atlanta
Uber Technologies will be the sole supplier of driverless rides on Alphabet’s Waymo cars in Austin and Atlanta, a boost to the rideshare app’s ambitions in the autonomous vehicle arena.
September 13, 2024Loose Electrical Cable Found on Ship That Hit Key Bridge
BALTIMORE — Investigators working to pinpoint the cause of Baltimore’s Francis Scott Key Bridge collapse discovered a loose cable that could have caused electrical issues on the Dali.
September 13, 2024US Agency Finalizes China Tariffs Biden Announced in May
The office of the U.S. Trade Representative on Sept. 13 formally approved tariff increases on billions of dollars in Chinese goods, paving the way for them to go into effect in two weeks.
September 13, 2024DSV Buys DB Schenker for $15.9B, Creating Logistics Giant
DSV, founded by 10 Danish truckers in the 1970s, has grown through a string of acquisitions in the fragmented transport industry, including buying targets that were larger than itself.
September 13, 2024Automakers Urge EU to Delay Stricter Emissions Mandates
The European Union should use emergency regulation to delay its 2025 emissions targets for automakers, according to a draft proposition from the industry lobby seen by Bloomberg.
September 12, 2024Ex-Yellow CEO to Lead Intermodal Chassis Pool Operator
Darren Hawkins, who was at the helm of bankrupt less-than-truckload carrier Yellow Corp., will soon lead the North American Chassis Pool Cooperative.
September 12, 2024Follow Us
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