Federal trucking regulators held a second public listening session seeking comment on a possible major revision to the motor carrier Safety Fitness Determination method.
June 27, 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.
Economic Growth for Q1 Is Revised Up to a 1.4% Annual Rate
WASHINGTON — The economy expanded at a 1.4% annual pace from January through March, the government said in a slight upgrade from its previous estimate.
June 27, 2024Walgreens Woes Continue With Earnings Miss, Guidance Cut
Walgreens signaled that more store closings are on the way, missed earnings expectations for its third quarter and cut its annual forecast.
June 27, 2024Could Cheap Chinese EVs Reach US From Mexico?
Low-priced Chinese EVs pose a potentially "extinction-level event" for America’s auto industry.
June 27, 2024Amazon Plans Discount Web Store to Counter Upstarts
Amazon.com Inc. plans to launch an online storefront for low-priced apparel and home goods, the company’s biggest move to date to counter the rise of discount upstarts like Temu and Shein.
June 26, 2024Volvo EV Deliveries to US Delayed by Higher Tariffs on China
Volvo Cars will postpone U.S. shipments of its best-selling electric car model as it shifts production from China in the wake of tariff hikes.
June 26, 2024VTNA: US Class 8 Retail Sales Running Below Expectations
DUBLIN, Va. — U.S. Class 8 retail truck sales paced a bit below expectations through May and are now expected to total 260,000 to 270,000 in 2024, according to VTNA executive Magnus Koeck.
June 26, 2024Circle K Owner Names New CEO as Fuel Sales Drag on Earnings
Alimentation Couche-Tard Inc., Canada’s most valuable retailer, tapped Chief Operating Officer Alex Miller to take over as CEO as the company explores more merger and acquisition deals.
June 26, 2024Shale Executives See Takeovers Squeezing US Oil Production
U.S. oil production will decline if the corporate-acquisition spree sweeping the shale sector is prolonged, according to a Federal Reserve Bank of Dallas survey.
June 26, 2024Vinn White Named FMCSA’s New Acting Leader
Vinn White, who already leads the Department of Transportation’s artificial intelligence effort, has been named acting leader of the Federal Motor Carrier Safety Administration.
June 26, 2024Trending
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