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.
Rail Bridge Collapses During Midwest Flooding
A huge train bridge collapsed into the Big Sioux River near Sioux City, Iowa, late June 23, an emergency manager said.
June 24, 2024Railroads Must Report Hazmat Immediately After Derailment
OMAHA, Neb. — A new federal rule aims to ensure first responders can find out what hazardous chemicals are on a train almost immediately after a derailment so they can respond appropriately.
UPS to Sell Coyote Logistics to RXO
UPS Inc. has entered into a definitive agreement to sell its asset-light freight brokerage business, Coyote Logistics, to RXO Inc., the company announced June 23.
New England Truckers Support Brian Singelais
WINDSOR LOCKS, Conn.— Brian Singelais, a former NTDC class champion, has received an outpouring of support from the New England trucking community as he recovers from a heart transplant.
Louisiana Governor Vetoes State Tort Reform Bill
Louisiana Gov. Jeff Landry has vetoed tort reform legislation touted by trucking leaders as a step toward stabilizing excessive insurance and legal costs.
Car Dealerships Disrupted by Pair of Cyberattacks
NEW YORK — Car dealerships in North America continue to wrestle with major disruptions that started last week with cyberattacks on a software company used widely in the auto retail sales sector.
Interactive Map: Where the 2024 Top 100 For-Hire Carriers Are in North America
Find out where the 2024 Top 100 For-Hire Carriers are located by regions and by state in North America with our interactive map.
June 21, 2024Finally! A Fixed-Cost Lease Solution for your Fleet
Whether adding or replacing trucks in your fleet, finding the most cost-effective solution is critical to the profitability and success of your business. Variable costs like fuel, tires, and maintenance represent a staggering amount of the expenses in a transportation business.
June 21, 2024A. Duie Pyle Celebrates Centennial Milestone
From the Great Depression to industry deregulation and beyond, A. Duie Pyle has kept trucking, marking a full century of economic cycles and transformations in freight transportation.
Industry Sector Rankings Reflect Market Downturn
For-hire carriers across segments saw revenues slide and margins tighten in 2023, but some industry sectors fared better than others.