Trucking Business News

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

Continental CFO Won’t Extend Contract, Will Leave Company

Continental Chief Financial Officer Katja Garcia Vila won’t extend her contract and plans to leave the auto supplier she joined nearly three decades ago.

March 11, 2024
Government, Business, Logistics

China Cancels Another Shipment of US Wheat

China canceled another batch of U.S. wheat export shipments, adding to an already record number of cancellations that have weighed on Chicago futures.

March 11, 2024
Government, Business, Logistics

REPLAY: Bridges, Roads, and Rails: America's Infrastructure at a Crossroads

Every 4 years, the American Society of Civil Engineers (ASCE) evaluates the state of America's infrastructure and produces a report card with a score and recommendations for improvement. In 2021, America's infrastructure overall scored a C-. 

March 11, 2024
Business, Technology, Equipment

Utility Trailer Advances Schmitz Cargobull Partnership

NEW ORLEANS — Utility Trailer Manufacturing Co. recently advanced its partnership with refrigeration unit specialist Schmitz Cargobull.

March 11, 2024
Government, Business, Safety, Logistics, TCA

Container Shipping Through Red Sea Falls Again

HAMBURG, Germany — Container shipping through the Red Sea and Suez Canal has declined again in response to the conflict in the Middle East, after recovering to some extent.

March 11, 2024
Business, Technology

Tesla’s Next Major Growth Phase May Be Years Away

Tesla is likely years away from fully ramping a new lower-cost model, which will take the company longer than Wall Street is assuming, Evercore analysts said.

March 11, 2024
Business, Fuel

Shell Gas EVP Steve Hill to Leave the Company

Shell Plc industry veteran Steve Hill has decided to step down, the company said March 11.

March 11, 2024
Business, Fuel

Aramco Announces $121 Billion Profit Last Year

DUBAI, United Arab Emirates — Saudi oil giant Aramco on March 10 reported it made $121 billion in profit last year, down from its 2022 record because of lower energy prices.

March 11, 2024
Government, Business, Technology

ChargePoint CEO Rick Wilmer Expects More EV Stations

DETROIT— Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations.

March 11, 2024
Government, Business, Technology

TSMC to Win More Than $5 Billion in Grants for US Chip Plant

Taiwan Semiconductor Manufacturing Co. is set to win more than $5 billion in federal grants to support a chipmaking project in Arizona, according to people familiar with the matter.

March 8, 2024