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.

Business, Logistics

What's That? Freight Broker

A transportation management system or TMS is a logistics platform that uses technology to help trucking businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing.

April 1, 2024
Business, Technology

What's That? Transportation Management Systems (TMS)

A transportation management system or TMS is a logistics platform that uses technology to help trucking businesses plan, execute, and optimize the physical movement of goods, both incoming and outgoing.

April 1, 2024
Business, Logistics

What's That? 4PL

Fourth-party logistics, also known as 4PL, is an operational model in which a business outsources its entire supply chain management and logistics to one external service provider. This partner oversees the supply chain, including the evaluation, design, construction, implementation, and measurement of the client's solutions.

April 1, 2024
Business, Logistics

What's That? Logistics

Logistics refers to the transportation and storage of goods within a supply chain. For example, freight brokers who coordinate with a carrier to move a company’s goods are performing a logistics service.

April 1, 2024
Business, Fuel

What's That? Diesel Shortage

This video offers a concise overview of the diesel shortage issue, designed to demystify this complex topic for non-experts and highlight why it remains a critical concern amidst the transition to more sustainable energy sources.

April 1, 2024
Business

What's That? JIT

  In transportation and freight, Just-In-Time (JIT) inventory systems revolutionize how materials flow into assembly and manufacturing plants. By precisely coordinating demand and supply, JIT ensures materials arrive exactly when needed, minimizing inventory costs and enhancing operational efficiency.

April 1, 2024
Business, Logistics

What's That? Freight Broker vs. Truck Broker

Let's start with a simple truth: there's essentially no difference between the terms 'freight broker' and 'truck broker.' However, 'freight broker' is the term you'll hear most often in the trucking industry. It's the go-to phrase for professionals, largely because freight brokers mainly work with trucks. So, yes, a 'truck broker' is just another name for a freight broker.

April 1, 2024
Government, Business, Safety, Logistics

Ontario Adds Truck Parking in Largest Rest Area Expansion

Canada’s Ontario province has embarked on an ambitious plan to help truckers by adding 165 parking spaces while upgrading 14 rest area sites and adding 10 along its highways.

Noël Fletcher | Staff Reporter
April 1, 2024
Government, Business

Trucking LLCs Must File New Federal Report Under Law

Trucking company owners may find themselves among the limited liability company proprietors facing penalties if they fail to report information required by the Treasury Department.

Noël Fletcher | Staff Reporter
April 1, 2024
Government, Business

House Transportation Leaders Tout FHWA Pushback

House transportation leaders touted a Texas federal judge’s recent decision to strike down a Federal Highway Administration rule about emissions targets.

Eugene Mulero | Senior Reporter
April 1, 2024