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, Equipment

Suppliers Continue to Find Opportunities Despite OEMs’ Vertical Integration Push

Truck makers are putting their respective names on more and more of the key components in the Class 8 trucks they build, expanding on their earlier move into manufacturing proprietary engines. They’re now adding axles, transmissions, collision mitigation systems and even fluids.

Roger Gilroy | Senior Reporter
April 24, 2017
Business, Logistics

Profits Up at CSX, Decline at CP in 1Q; Harrison Pushes for Rail Consolidation

Rail freight companies began the earnings season with mixed results as profits rose 1.7% at CSX Corp. but plunged 20% at Canadian Pacific Railway Ltd. in the first quarter compared with the same period a year ago.

Ari Ashe | Staff Reporter
April 24, 2017
Business, Technology, Government, Logistics, Autonomous

Will Uber Replace Freight Brokers? ‘Absolutely Not,’ Tech Expert Insists

ORLANDO, Fla. — The emergence of Uber-style transactions in the freight industry will not replace brokers, experts in the segment said while acknowledging a surge in both the number of new motor carriers and mobile apps to locate freight.

Roger Gilroy | Senior Reporter
April 24, 2017
Business

Volvo, Navistar Show Off New Tractors for North American Regional Market

MONTRÉAL — Two heavy-duty truck makers plunged into the North American regional-haul market, unveiling new tractors within hours of each other.

Jonathan S. Reiskin | Associate News Editor
April 24, 2017
Business

Meal and Rest Provision Sought in Funding Bill

Trucking executives are urging congressional leaders to attach a clarifying provision to a meal and rest break rule in a funding bill that would avert a shutdown of federal agencies set to begin at the end of the month.

Eugene Mulero | Senior Reporter
April 24, 2017
Business

Attempt to End Conflict Minerals Rule Draws Strong Input From Both Sides

A threat by the Trump administration to dump a U.S. Securities and Exchange Commission rule requiring public companies to search their supply chains for African “conflict minerals” has drawn more than 275 written comments, many of them passionate on both sides of the issue.

Eric Miller | Senior Reporter
April 24, 2017
Business

Shippers Express Support for Knight-Swift Merger

Representatives of freight shipping firms are joining trucking analysts in their enthusiasm over the merger between Knight Transportation Inc. and Swift Transportation Co. and generally supporting the prospect of big truckload carriers getting bigger.

Daniel P. Bearth | Staff Writer
April 24, 2017
Business, Logistics

ExpoCam Provides Recruiting Opportunities for Companies

MONTRÉAL — Mercer Transportation Co. is a regular at the Mid-America Trucking Show because the flatbed carrier and MATS share Louisville, Ky., as a hometown — but that was not a reason to avoid ExpoCam.

Jonathan S. Reiskin | Associate News Editor
April 24, 2017
Business, Logistics

Pricey Canadian Diesel Kindles Desire for Aerodynamic Savings

MONTREAL — Two suppliers of aerodynamic fairings at the ExpoCam truck show here said sales of the mileage-enhancing products are popular on both sides of the U.S.-Canadian border. However, a key difference is the approach of the government.

Jonathan S. Reiskin | Associate News Editor
April 24, 2017
Business

Estes to Continue Its Canadian Business With New Partners

Estes Express Lines has found two new partners to continue its Canada less-than-truckload business after former partner TST Overland Express signed an exclusive deal to work with Saia Inc.

April 21, 2017