Business
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.
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.
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.
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, 2024Trucking 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.
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.
Peterbilt Rolls Out SmartLINQ Prognostics Software Addition
Peterbilt recently launched a broader rollout of its Prognostics diagnostics software, a senior executive said.
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,
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.
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.
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.