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, Equipment, For-Hire

Yellow Aims to Appoint Auction Houses for Rolling Stock Sale

The administrators of Yellow Corp. aim to use auction houses to sell off the bankrupt less-than-truckload carrier’s rolling stock, according to court filings.

Keiron Greenhalgh | Staff Reporter
October 18, 2023
Business, Technology, Autonomous

Amazon Tests Humanoid Robot in Warehouse Automation Push

Amazon.com Inc. says it’s testing two new technologies to increase automation in its warehouses, including a trial of a humanoid robot.

Matt Day | Bloomberg News
October 18, 2023
Government, Business, Safety

Experts Update Trucking Executives on Legal Issues

AUSTIN, Texas — Legal experts updated trucking executives on pending and future legal issues, including possible changes to the Federal Motor Carrier Safety Administration's CSA program.

Eric Miller | Senior Reporter
October 18, 2023
Business, Equipment, TCA

Canada Union Sets Oct. 29 Strike Deadline for Stellantis

The Canadian auto workers union has declared 11:59 p.m. Oct. 29 as the strike deadline to obtain a tentative agreement with the maker of Chrysler, Dodge, Jeep and Ram.

Breana Noble | The Detroit News
October 18, 2023
Government, Business, Technology, Autonomous, Private

Amazon to Test Prescription Delivery by Drone

Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications.

Tom Murphy and Haleluya Hadero | Associated Press
October 18, 2023
Business

Andrew Boyle Brings Heart and Humor to ATA Chairman's Post

AUSTIN, Texas — American Trucking Associations ended its 2023 Management Conference & Exhibition with an evening of celebration after electing Andrew Boyle as its 79th chairman.

Eric Miller | Senior Reporter
October 17, 2023
Government, Business

ATA Chairman Boyle Views Selection as Opportunity to Serve

Andrew Boyle, co-president of Boyle Transportation, knows the commitment that comes with being named chairman of American Trucking Associations. But he views it as an opportunity to serve.

Eric Miller | Senior Reporter
October 17, 2023
Business, Logistics, For-Hire

J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year

J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.

Keiron Greenhalgh | Staff Reporter
October 17, 2023
Business, Equipment, Fuel

GM Delays Electric Pickup Truck Expansion Amid Slower Growth

General Motors Co. will delay the opening of its second electric truck plant in Michigan to preserve capital amid a slowdown in sales growth for electric vehicles.

David Welch | Bloomberg News
October 17, 2023
Business

Andrew Boyle Elected ATA’s 79th Chairman

Andrew Boyle, co-president of Boyle Transportation in Billerica, Mass., was elected Oct. 17 as the 79th chairman of American Trucking Associations by its board of directors.

October 17, 2023