Transportation 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.
Volvo Group Price Increases Aid Q1 Profits
Profits at truck maker Volvo Group in the first quarter of 2024 received a boost from price increases, even as orders and deliveries declined as expected.
April 17, 2024Dali Owner Asks Cargo Owners to Help Cover Salvage Expenses
BALTIMORE — The owner of the massive containership that caused the deadly collapse of a bridge in March wants owners of the cargo on board to cover some of the salvage costs.
April 17, 2024Virginia Touts Robust Economic Growth in Richmond Region
Virginia state and Henrico County officials touted a series of grand openings, including an Amazon robotics fulfillment center and a Coca-Cola Consolidated distribution facility.
April 17, 2024House GOP to Prioritize Infrastructure in Funding Bills
The transportation funding subcommittee in the U.S. House will promote connectivity projects while focusing on taxpayers, its new leadership said this month.
April 17, 2024House Transportation Committee Reviews AI Applications
WASHINGTON — The House transportation panel recently received an overview from stakeholders about artificial intelligence’s role within connectivity corridors.
April 17, 2024Five Auto Haulers to Merge as Backer Files for IPO
Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.
April 17, 2024US to Reimpose Venezuela Oil Ban Unless Maduro Acts Quickly
President Joe Biden’s administration intends to reimpose oil sanctions on Venezuela if Nicolas Maduro’s regime does not take steps to honor an agreement to allow a fairer vote in elections.
April 17, 2024Tesla Wants Shareholders to Reinstate $55B Package for Musk
AUSTIN, Texas — Tesla will ask shareholders to reinstate a $55 billion compensation package for CEO Elon Musk that was rejected by a judge in Delaware this year.
April 17, 2024J.B. Hunt Reports $2.9 Billion Revenue for Q1
J.B. Hunt Transport Services Inc. experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 16.
April 17, 2024Truck Software Developer Platform Science Raises $125M
Platform Science raised $125 million in capital to accelerate the launch of its software platform with additional truck manufacturers, a spokesperson for the company said April 16.
April 17, 2024Trending
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