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, Logistics, For-Hire

J.B. Hunt Reports $2.9 Billion in Revenue for Q2

J.B. Hunt Transport Services reported that second-quarter net income declined on revenue that fell just short of $3 billion.

Connor D. Wolf | Staff Reporter
July 18, 2024
Business, Equipment

Trailer Orders Fall 19% in June to 6,300 Units

U.S. trailer orders continued trending below the year-ago figures in June, ACT Research reported.

Connor D. Wolf | Staff Reporter
July 18, 2024
Business, Safety

Future Proofing Your Trucking Security Plan

Program Aired: July 18, 2 p.m. ET Join us for a live webinar where we'll explore strategies to enhance your security preparedness and future-proof against emerging threats. We'll cover critical topics such as visualizing and mitigating potential risks, preparing for evolving crime challenges, and effectively managing operational expenses. Special focus will be given to perimeter security assessments and optimizing operational efficiency.

July 18, 2024
Business, Technology, Equipment, Safety, Logistics

Trucking Weathers Another Increase in Cargo Theft for Q2

The trucking industry continued to weather an increase in cargo theft activity during the second quarter of 2024.

Connor D. Wolf | Staff Reporter
July 18, 2024
Business, Technology, Equipment

Paccar Technical Center Expands Campus, Adds Staff

The Paccar Technical Center continues to grow in size and head count, some 42 years after the Mount Vernon, Wash., facility began operations, according to its top executive.

Keiron Greenhalgh | Staff Reporter
July 18, 2024
Business, Technology, Equipment

Peterbilt Rolls Out SmartLINQ Prognostics Software Addition

Peterbilt recently launched a broader rollout of its Prognostics diagnostics software, a senior executive said.

Keiron Greenhalgh | Staff Reporter
July 18, 2024
Government, Business, Technology

Public EV Chargers Set to Surpass Gas Stations in Eight Years

America’s EV charger deserts continued to vanish in the second quarter, as a motley array of networks switched on 704 new, public fast-charging stations, an increase of 9% in three months,

Kyle Stock | Bloomberg News
July 18, 2024
Government, Business, Safety, Logistics

Global Shipping Strains Spark Fears of an Inflation Comeback

Merchandise trade is withstanding its first post-pandemic shock, with no noticeable flareup of global consumer prices. But that’s not guaranteed to last if snarls prove long-lasting.

July 18, 2024
Business, Logistics, Private, Global Freight

Amazon Prime Day Drives Online Sales Up 11% to $14.2 Billion

U.S. shoppers spent $14.2 billion online during Amazon.com Inc.’s 48-hour Prime Day sale, up 11% from a year ago and in line with estimates, according to Adobe Inc.

Spencer Soper | Bloomberg News
July 18, 2024
Business, Equipment

Ford Commits $3 Billion to Boost Truck Output After EV Delay

Ford will invest $3 billion to build its profitable Super Duty F-Series pickup truck at a plant in Ontario, shifting focus at the site after previously delaying plans for an electric SUV.

David Welch | Bloomberg News
July 18, 2024