Business

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, Technology

Daimler Truck Advances Battery-Electric Ambitions in Germany

Daimler Truck’s battery-electric vehicle ambitions took another step forward as the world’s largest truck maker opened a center devoted to developing battery expertise in Germany.

Keiron Greenhalgh | Staff Reporter
July 25, 2024
Government, Business, Safety, Logistics

Harris Sticking With ‘Build Back Better’ Agenda for Campaign

Vice President Kamala Harris has committed to continue pursuing policies the current administration initiated three years ago should she win the November presidential election.

Eugene Mulero | Senior Reporter
July 25, 2024
Business

How to Optimize Cash Flow

Program Aired: July 25, 2 p.m. ET Find out how you can expedite the freight payment process and optimize cash flow. Tiffany Anderson, Senior Product Manager at U.S. Bank, joins TT's Joe Howard for a special one-on-one conversation to discuss her experience creating a smarter, more sustainable invoice life cycle and offer her insight on financial trends across the supply chain.  

July 25, 2024
Government, Business, Safety

DOT’s Oral Fluid Testing Stalls Due to Lack of Labs, Testers

DOT drug testing of truck drivers using oral fluid collections was approved more than a year ago, but a lack of certified lab testing facilities  has stalled use of the method.

Eric Miller | Senior Reporter
July 25, 2024
Business, Logistics, For-Hire, Top 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

Connor D. Wolf | Staff Reporter
July 25, 2024
Business, Logistics, For-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

Connor D. Wolf | Staff Reporter
July 25, 2024
Government, Business, Safety

NTSB Voices Concerns Over Potential Downgrade of Marijuana

NTSB filed comments with DEA expressing concerns that moving marijuana from Schedule I to Schedule III of the Controlled Substances Act could end testing of the drug for truck drivers.

Eric Miller | Senior Reporter
July 25, 2024
Government, Business, Logistics, TCA

Gordie Howe International Bridge Links Detroit to Windsor

DETROIT — The U.S. and Canadian sides of the Gordie Howe International Bridge have been connected, marking the bridge as an official border crossing.

Aya Fayad | The Detroit News
July 25, 2024
Government, Business

Colorado Judge Temporarily Halts Kroger-Albertsons Merger

A Colorado judge issued an order temporarily blocking the proposed $25 billion merger of Kroger Co. and Albertsons Cos., which has been challenged by the state attorney general.

Leah Nylen | Bloomberg News
July 25, 2024
Government, Business, Fuel

Trump Targets Biden Administration’s EV Agenda at RNC

A rollback of policies that former President Donald Trump believes unfairly target fossil fuel-powered vehicles would be among the central priorities he'd tackle if re-elected this fall.

Eugene Mulero | Senior Reporter
July 25, 2024