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.
How 3PLs Are Building More Collaborative Supply Chains
Third-party logistics providers have been adjusting to normalizing market conditions as supply chain disruptions, inventory shortages and surging demand have receded.
April 21, 2023Lordstown Lines Up Amerit for Commercial Fleet Support
Amerit Fleet Solutions will provide service and maintenance for commercial fleet customers of U.S.-based electric vehicle manufacturer Lordstown Motors, the companies said April 18.
April 21, 2023Volvo Q1 Earnings Jump as Sales Soar
Truck manufacturer Volvo Group posted net income of $1.25 billion, or 62 cents per share, in the three months that ended March 31.
April 21, 2023Kansas Breaks Ground on Expanded Diesel School
Kansas will be able to train more diesel technicians with a new $1.2 million grant from the U.S. Department of Commerce’s Economic Development Administration.
April 21, 2023Tesla Raises Cost for Older Models
DETROIT — After cutting U.S. vehicle prices four times this year, Tesla raised the cost overnight on its slow-selling more expensive models.
April 21, 2023Ikea to Open Hundreds of Pickup Locations
Ikea announced this week it plans to invest $2.2 billion in the United States over the next three years, opening new stores and “Plan and Order Points” as well as hundreds of pickup locations.
April 21, 2023Business Activity Unexpectedly Jumps
U.S. business activity unexpectedly climbed this month to nearly a one-year high, bolstered by stronger services and manufacturing that threatens to reignite inflationary pressures.
April 21, 2023Utah to Lower Gas Tax, Impose EV Charging Tax
Gasoline taxes will drop in Utah in July, and taxes will be levied at electric vehicle charging stations starting in January, after new laws signed by Gov. Spencer Cox.
April 21, 2023CSX Reports Strong Q1 Earnings
Class I railroad CSX Inc. on April 20 announced first-quarter earnings that beat Wall Street analysts’ expectations.
April 21, 2023Unions Say Rails Should Skip Buybacks, Spend on Safety
OMAHA, Neb. — Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and spend it to improve safety.
April 21, 2023