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

Biden’s Crackdown on Illegal Mergers Cemented With New Rules

Antitrust agencies have finalized an overhaul of rules the government uses to determine whether deals violate competition law to extend a crackdown on illegal mergers and acquisitions.

Leah Nylen | Bloomberg News
December 18, 2023
Government, Business, Logistics

Southwest Reaches $140 Million Settlement for 2022 Meltdown

Southwest Airlines has come to a $140 million agreement to settle an investigation into a December 2022 incident when the airline canceled thousands of flights over the holidays.

David Koenig | Associated Press
December 18, 2023
Government, Business

Wreaths Across America Salutes Critical Work of Truckers

ARLINGTON, Va. — Wreaths Across America showcased the critical work truck drivers do in support of its mission to honor fallen soldiers during its appreciation dinner Dec. 15.

Connor D. Wolf | Staff Reporter
December 18, 2023
Business, Private

CRH Offers to Buy Australian Adbri in $1.4 Billion Deal

Global building materials firm CRH Plc has offered to purchase Australian concrete maker Adbri Ltd. in a joint takeover proposal with Barro Group, valuing the target business at $1.4 billion.

Richard Henderson | Bloomberg News
December 18, 2023
Government, Business, Technology, Equipment

Congressional Politics Impede 2023 Legislative Agenda

WASHINGTON — In 2023, several high-profile federal policy proposals relevant to trucking were unable to cross the legislative finish line. The culprit: congressional politics.

Eugene Mulero | Senior Reporter
December 18, 2023
Business, Equipment

Hiring Our Heroes Award Goes to Army Vet Brandon Meredith

Army vet Brandon Meredith, a tank truck driver with Slay Transportation, was awarded a silver Kenworth T680 Signature Edition truck as the 2023 winner of the Hiring Our Heroes initiative.

Dan Ronan | Senior Reporter
December 15, 2023
Government, Business

Idaho Truckers Encouraged to Change Vehicle Tag Expirations

Idaho truckers can change vehicle registration renewal dates to different days as the clock counts down to Dec. 31 when 4,000 commercial vehicles registration tags expire.

Noël Fletcher | Staff Reporter
December 15, 2023
Business, Technology

EV Inventories Hit Record High in US as Cars Pile Up on Lots

Electric vehicle inventories on U.S. dealer lots reached a new high in December, with a 114-day supply that was more than double what it was a year ago.

Keith Naughton | Bloomberg News
December 15, 2023
Business, Technology, Equipment, Safety, Autonomous

Data Collection and New Technology Bring ADAS Improvements

The technology powering advanced driver assistance systems is continuing to improve, laying the groundwork for more autonomous driving and creating significant safety and maintenance benefits.

Mindy Long | Special to Transport Topics
December 15, 2023
Business, Technology, For-Hire

Acceptance Grows for Driver-Assistance Technology

Drivers have had to grow accustomed to driver-assistance technologies such as the lane-assist function as fleets adopt the features for safety and legal reasons. 

Steve Brawner | Contributing Writer
December 15, 2023