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

Retail Sales Rise 0.3% in November as Holiday Rush Begins

Americans picked up their spending from October to November unexpectedly as the unofficial holiday season kicked off, underscoring the power of shoppers despite elevated prices.

Anne D’Innocenzio | Associated Press
December 14, 2023
Business, Technology

BMW Expects EV Sales to Keep Growing but at a Slower Pace

BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.

December 14, 2023
Business, Technology, Sponsored

Best Trucking Management Software Buyer’s Guide

For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.

December 14, 2023
Business, Technology, Sponsored

Best Carrier TMS Software in 2024: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

December 14, 2023
Business, Equipment

November Medium-Duty Sales Rise 6.1% Year-Over-Year

U.S. retail sales for medium-duty trucks rose 6.1% year-over-year in November, bouncing back after the first decrease in seven months in October, according to Wards Intelligence data.

Keiron Greenhalgh | Staff Reporter
December 13, 2023
Government, Business

Fed Keeps Rate Unchanged, Signals Cuts Coming Next Year

The Federal Reserve kept its key interest rate the same Dec. 13 for a third straight time, and officials signaled they expect to make three quarter-point cuts to the benchmark rate next year.

Christopher Rugaber | Associated Press
December 13, 2023
Business, Technology, Equipment

Michael French Named Grand Champion in Technician Event

SAN ANTONIO — Rush Enterprises technician Michael French was named grand champion by his company during a vehicle maintenance competition Dec. 12.

Connor D. Wolf | Staff Reporter
December 13, 2023
Business, Logistics, For-Hire

TMC Transportation Plans $38M South Carolina Campus

Iowa-based flatbed carrier TMC Transportation is consolidating its southeastern U.S. presence via a $38 million investment in its South Carolina operations.

Noël Fletcher | Staff Reporter
December 13, 2023
Government, Business, Technology

Maine Considering California-Esque EV Sales Incentives

Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.

David Sharp | Associated Press
December 13, 2023
Business, Equipment, Breaking News

Class 8 Sales Fall for Fourth Consecutive Month in November

Class 8 retail truck sales in November fell year-over-year for a fourth consecutive month, Wards Intelligence data showed.

Keiron Greenhalgh | Staff Reporter
December 13, 2023