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, Technology

ATA Emerges From MCE Focused on Drivers, Infrastructure

AUSTIN, Texas — While enjoying the benefits of a booming economy and abundant freight to haul, trucking leaders took aim at some of the more persistent challenges that hold the industry back, even in this favorable business environment.

Seth Clevenger | Managing Editor, Features and Multimedia
October 30, 2018
Government, Business

MCE Closing Banquet Rocks With Optimism, Enthusiasm

AUSTIN, Texas — They heard some optimistic projections from outgoing American Trucking Associations Chairman Dave Manning, a touching speech by new ATA Chairman Barry Pottle, and ended the evening hugging the stage to the hard Southern rock of Lynyrd Skynyrd.

Eric Miller | Senior Reporter
October 30, 2018
Government, Business, Safety, Autonomous, Editorial

Editorial: Joining Forces to Move Forward

The themes of partnership, outreach and unity were present throughout speeches and presentations at this year’s American Trucking Associations Management Conference & Exhibition. Cooperation between ATA and the federal government was a central tenet.

October 30, 2018
Business

Lynyrd Skynyrd, Dwight Yoakam Entertain Trucking Execs at MCE

AUSTIN, Texas — Legendary Southern rockers Lynyrd Skynyrd closed out American Trucking Associations’ 2018 Management Conference & Exhibition with an energizing performance for trucking industry executives.

October 30, 2018
Business

Schneider CEO Chris Lofgren to Retire

Wisconsin-based Schneider National announced Oct. 30 that CEO Chris Lofgren will be retire in April and that he will be replaced by current Chief Operating Officer Mark Rourke.

Marissa Gamache | Features Coordinator
October 30, 2018
Government, Business

Trucking Legends Encourage Industry Unity

AUSTIN, Texas — The relationship between state organizations and American Trucking Associations is solid and should continue to grow, according to a longtime member of the industry.

Eleanor Lamb | Staff Reporter
October 30, 2018
Government, Business, Safety

Truckers, Law Enforcement Seek Stronger Relationships on Common Ground

AUSTIN, Texas ­— Mutual interest between law enforcement and truckers over such policy issues as highway safety, security and human trafficking are forging increasing relationships that have historically been less than cordial, according to a panel of law enforcement experts.

Eric Miller | Senior Reporter
October 30, 2018
Business, Equipment

Eaton Boosts Third-Quarter Sales by 4%

Power management company Eaton Corp. capped its third quarter with higher-than-expected profit margins but lower net income due to charge-offs related to an arbitration decision in August against certain business units of Cooper Industries, a company that Eaton acquired in 2012.

Joe Antoshak | Staff Writer
October 30, 2018
Business, Equipment

Cummins Reports Record Earnings in Third Quarter

Cummins Inc. posted record profits and a 12% jump in revenue for the third quarter as demand for trucks, construction and power generation equipment improved.

Joe Antoshak | Staff Writer
October 30, 2018
Business

Barry Pottle Elected ATA’s 74th Chairman

Barry Pottle, CEO of Pottle’s Transportation of Bangor, Maine, has been elected by American Trucking Associations’ board of directors to serve as the federation’s 74th chairman.

October 30, 2018