Trucking Business News

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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.

BusinessPrivateTop 100

Kroger Ups Full-Year Sales Forecast on Grocery Spending

Kroger Co. lifted its full-year sales guidance as the grocery-store operator benefits from consumers prioritizing spending on groceries and other essentials.

September 12, 2024
GovernmentBusinessLogistics

FMC Chairman Breaks Down Post-Pandemic Supply Chain

FMC Chairman Daniel Maffei said the COVID-19 pandemic brought heightened awareness to supply chain issues and revealed what was working — and what wasn’t — across global shipping lanes.

September 12, 2024
GovernmentBusinessTechnologyLogistics

Industry Leaders Praise FLOW for Improving Freight Predictions

The transportation sector can better forecast freight trends when companies share information, according to stakeholders of an initiative aimed at facilitating that exchange.

September 12, 2024
GovernmentBusinessTechnology

GM in Talks to Buy Chinese Batteries Made in US by TDK

General Motors is in discussions to buy EV batteries that would use technology from China’s CATL and be assembled at a new plant slated to be built in the U.S., Bloomberg reports.

September 12, 2024
GovernmentBusinessTechnologySafety

NHTSA Investigates Safety Issue Reported in VinFast Cars

A U.S. regulator has opened a preliminary investigation into some electric vehicles manufactured by Vietnam’s VinFast Auto Ltd. over a safety issue.

September 12, 2024
BusinessEquipmentLogistics

FTR: Truckload Spot Rates to Rise 6.5-7% in 2025

FTR Transportation Intelligence expects truckload spot rates to rise 6.5-7% in 2025, Vice President of Trucking Avery Vise said in a presentation.

September 12, 2024
BusinessTechnologyEquipment

GM, Hyundai to Explore New Vehicle Joint Development

General Motors is joining forces with South Korea’s Hyundai Motor Co. in a pact that may presage a deeper strategic relationship between the two major automakers to co-develop vehicles.

September 12, 2024
GovernmentBusinessTechnologyEquipment

USPS Debuts New Mail Trucks Made by Oshkosh Defense

ATHENS, Ga. — The first handful of Next Generation Delivery Vehicles that rolled onto postal routes in August are getting rave reviews from letter carriers.

September 12, 2024
BusinessLogistics

Norfolk Southern Fires CEO Alan Shaw

Norfolk Southern said Sept. 11 it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate.

September 12, 2024
GovernmentBusinessSafetyFuel

Hurricane Francine Nears Louisiana as Category 2 Storm

MORGAN CITY, La. — Hurricane Francine barreled toward Louisiana on Sept. 11, strengthening to a Category 2 storm that could bring deadly storm surge to the U.S. Gulf Coast.

September 11, 2024