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

Landstar Reports 28% Revenue Decline for Q4

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics

LTL Carrier Roadrunner Announces Service Expansion

Less-than truckload carrier Roadrunner on Jan. 31 announced a significant expansion of its network with plans to add new lanes.

Dan Ronan | Senior Reporter
February 1, 2024
Business, Technology, Equipment, Fuel

ClearFlame Eyes Jump in Ethanol-Powered Truck Use After Sale

ClearFlame Engine Technologies expects to deploy as many as 30 of its ethanol-fueled Class 8 trucks through the end of 2024, CEO BJ Johnson told Transport Topics.

Keiron Greenhalgh | Staff Reporter
February 1, 2024
Government, Business, Equipment

US Factory Gauge Climbs to Highest Since 2022

A measure of U.S. factory activity climbed to a 15-month high in January, fueled by the strongest orders growth since May 2022 and suggesting manufacturing is starting to stabilize.

Mark Niquette | Bloomberg News
February 1, 2024
Business, Technology, Equipment, Safety, Logistics

Trucking Engaged in Tech Arms Race Against Cargo Criminals

The trucking industry has become embroiled in a technological arms race as the threat of cargo thefts rapidly rises and evolves.

Connor D. Wolf | Staff Reporter
February 1, 2024
Business, Logistics, For-Hire

Ryder to Acquire Cardinal Logistics

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

Dan Ronan | Senior Reporter
February 1, 2024
Business, Logistics

China Overtakes Japan as Top Auto Exporter in 2023

TOKYO — Data from a Japanese auto industry association shows that China overtook Japan as the world’s largest vehicle exporter last year.

February 1, 2024
Government, Business, Logistics

$2 Million Michigan Grant Helps Fifth Wheel Freight Expand

Michigan Gov. Gretchen Whitmer recently touted a $2 million grant to Fifth Wheel Freight as an example of economic development funds strengthening the state’s supply chain network.

Noël Fletcher | Staff Reporter
January 31, 2024
Government, Business, Safety, Logistics

House T&I Presses White House to Safeguard Supply Chain

House transportation policymakers renewed calls for the Biden administration to enhance its response to growing supply chain concerns.

Eugene Mulero | Senior Reporter
January 31, 2024
Government, Business, Safety

FMCSA Weighs Commercial Driver License Streamlining

Federal trucking regulators are proposing to speed up the process for obtaining a commercial driver license by removing a number of regulatory restrictions.

Eric Miller | Senior Reporter
January 31, 2024