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.

Government, Business, Safety, Logistics

Auto Plants Approach Reopenings, Putting Pressure on Detroit

Automakers are cautiously coalescing around plans to reopen North American assembly plants early next month following what will be a roughly six-week shutdown for virtually the entire industry.

April 23, 2020
Business, Top 100

Old Dominion Q1 Profit, Revenue Keep Pace

Old Dominion Freight Line Inc.’s first-quarter profit and revenue held steady as the motor carrier didn’t start to see business erode from the coronavirus pandemic until the start of April.

Jerry Hirsch | Contributing Writer
April 23, 2020
Business, Technology

IoT Device Management for Today's Connected Fleet

Effective IoT management can improve fleet efficiency, empower drivers to save time and money on the road, and make hardware purchases more cost-effective. Please join Samsung and Platform Science to learn best practices for managing IoT in today's world of connected fleets.

April 23, 2020
Business, Top 100

Heartland Express Reports Q1 Net Income of $13.2 Million

Heartland Express Inc. reported a 23.6% drop in first-quarter net income to $13.2 million, or 16 cents per share, from $17.3 million, or 21 cents, in the same period a year ago.

Connor D. Wolf | Staff Reporter
April 23, 2020
Business, Equipment

March Net Trailer Orders Dip Below 7,600, ACT Research Says

Net U.S. trailer orders slipped below 7,600 in March as cancellations sliced the gross tally nearly in half, and production slowed, ACT Research reported.

Roger Gilroy | Senior Reporter
April 23, 2020
Government, Business, Technology

Carmakers Pledge 5 Million ‘Talking Cars’ in FCC Airwaves Bid

The U.S. auto industry will deploy millions more wireless systems to help prevent traffic collisions if the Federal Communications Commission abandons a proposal that would take away most of the radio frequencies reserved to carry those signals, according to an industry trade association.

Ryan Beene | Bloomberg News
April 23, 2020
Government, Business, Fuel

Anguish Grows in Russia Oil Sector Overwhelmed by Price Fall

As Russia’s small oil producers struggle to survive a historic price crash, some say in private they wish they could just set their crude ablaze.

April 23, 2020
Business, Safety, Logistics

ATRI Coronavirus Study Shows Truck Activity Spike, Dip in Six States

Although trucking activity spiked across six states during the coronavirus pandemic’s early days, a recent analysis from the American Transportation Research Institute indicates that such freight activity has declined.

Eleanor Lamb | Staff Reporter
April 23, 2020
Government, Business

Experts’ Pessimism Deepens Over Economy’s Health

The U.S. economy likely will shrink when first-quarter gross domestic product figures are released by the federal government’s Bureau of Economic Analysis on April 29.

Dan Ronan | Senior Reporter
April 23, 2020
Business, Top 100

Knight-Swift Reports Decline in Q1 Net Income, Revenue

Knight-Swift Transportation Holdings reported a decline in net income for the first quarter of 2020 due partially to the effects of tax and foreign currency fluctuations, and also reported a decline in revenue for the period.

Connor D. Wolf | Staff Reporter
April 23, 2020