Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.
April 18, 2023Trucking 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.
Navistar Issues Recall Due to HVAC Circuit
As many as 44,887 Navistar trucks are set to be recalled following a National Highway Traffic Safety Administration investigation, the federal agency said April 6.
April 18, 2023NFI Ramps Up Battery-Electric Truck Deployment in California
NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.
April 18, 2023Truck Tonnage Falls 5% in March
Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.
April 18, 2023Biden Policy May Cost EV Makers Some Customers
Andrew Scott doesn’t know for sure yet, but the Biden administration may cost Hyundai his business.
April 18, 2023J.B. Hunt Posts Lower Earnings, Revenue in Q1
J.B. Hunt Transport Services President Shelley Simpson noted the trucking industry has entered a freight recession while discussing first-quarter results April 17.
April 18, 2023CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
April 18, 2023House GOP Points to Transportation Record
An update to Federal Highway Administration guidance related to a $1.2 trillion infrastructure law is among key achievements House Republicans are touting.
April 17, 2023Norfolk Southern Near Ready to Reopen Some Tracks in Ohio
Norfolk Southern says it has completed excavation of the impacted soil underneath the south track at the site of the East Palestine train derailment and will finish restoration of the track in the coming days.
April 17, 2023Tesla Reports Another Fatality Involving Automated Driving
Tesla Inc. disclosed to U.S. regulators another fatal crash involving automated driver-assist systems, bringing its total to 17 since June 2021.
April 17, 2023Trending
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