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.
Roadrunner Offers Free LTL Delivery on Late Shipments
Roadrunner is now offering free less-than-truckload freight delivery if the shipment does not arrive on the promised date, it said.
International S13 Powertrain Production Begins in Huntsville
Serial production of the International S13 integrated powertrain began Oct. 18 at the Huntsville, Ala., production facility operated by parent company Navistar, the company announced.
UAW Adds Key Stellantis Pickup Truck Plant to Strikes
The United Auto Workers union has once again escalated its strikes against big Detroit automakers, this time adding a factory that makes Ram pickup trucks for Stellantis.
October 23, 2023Chevron Buys Hess for $53 Billion
Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.
NTDC Champ Gragg Wilson Honored at MCE, Eyes 2024 Title Defense
NTDC Champ Gragg Wilson of UPS and Nevada reflects on his historic win this year after being honored at MCE 2023.
October 22, 2023UPS’ Gragg Wilson Celebrated at MCE 2023 for NTDC Win
AUSTIN, Texas — Gragg Wilson, grand champion at this summer’s National Truck Driving Championships, touted the tournament’s focus on safety.
Knight-Swift Reports 69% Earnings Drop in Q3
Knight-Swift Transportation Holdings Inc. on Oct. 19 reported that its third-quarter earnings dropped by 69% year-over-year, even as revenue increased.
Rivian Opens Showroom in Georgia, Plans Factory
Electric vehicle maker Rivian opened a new retail and customer service space in the heart of Atlanta to showcase its vehicles and confirmed plans to break ground on a new Georgia factory.
New Texas CDL Training, Exam Site Seeks Students, Testers
A 20-acre truck driving center that is able to process 20,000 commercial driver license exams annually at a Texas community college is looking for out-of-state students and testing companies.
Trucking Economy May Land Softly, Mack’s Randall Says
AUSTIN, Texas — Mack Trucks North America President Jonathan Randall on Oct. 16 expressed hope the economy is heading for a “soft landing” instead of a more severe falloff.