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

Daimler Preview Says First Quarter Operating Profit to Rise 86.6%

Global truck- and carmaker Daimler AG said its first-quarter earnings will be significantly better than during the same three-month period in 2016.

April 12, 2017
Government, Business

OOIDA Petitions US Supreme Court to Reject Electronic Logging Device Rule

The Owner-Operator Independent Drivers Association on April 12 asked the U.S. Supreme Court to reject a federal rule requiring electronic logging devices because the group said the mandate would subject drivers to potential “warrantless, suspicionless” searches and seizures.

April 12, 2017
Business, Logistics

Interactive Map: Where The Top 50 Logistics Companies Are in North America

Find out where the carriers are by regions and by state in North America with our interactive map.

April 12, 2017
Business, Technology

Omnitracs Invests in Platooning Firm Peloton

Trucking technology company Omnitracs said it is the lead investor in a $60 million round of financing for Peloton Technology, which is preparing to launch a driver-assisted truck platooning system later this year.

April 12, 2017
Business

Rising Protectionism Risks Undermining Trade Rebound, WTO Says

Global trade could rebound this year — if rising protectionism and tighter economic policy stay out of the way.

Jill Ward | Bloomberg News
April 12, 2017
Government, Business

Video: CVTA Urges No Further Delays to Entry-Level Driver Training Rule

Delaying the publication of an entry-level driver training rule again would take time away from states needing to comply with the rule, the head of a group representing truck driving schools said April 11. Watch video with Commercial Vehicle Training Association President and CEO Don Lefeve.

Eugene Mulero | Senior Reporter
April 11, 2017
Business, Logistics

Video Analysis: What Drove the Knight-Swift Merger

Transport Topics Executive Editor Joe Howard talks with Senior Features Writer Daniel Bearth about the April 10 merger between Knight Transportation Inc. and Swift Transportation, forming the nation's largest full truckload company. What prompted the move between the carriers that rank No. 29 and No. 6 on the  for-hire TT100 list? Watch this short video analysis.

April 11, 2017
Business

3PLs Tout Technology as Tool to Build Relationships in Supply Chain

LAS VEGAS — As technology makes communication easier and provides real-time data quickly, third-party logistics providers are emphasizing the need to use the information to build stronger relationships with shippers and motor carriers, according to panelists at the 2017 Transportation Intermediaries Association Capital Ideas Conference.

Ari Ashe | Staff Reporter
April 11, 2017
Business, Logistics

Forward Air Acquires Assets of Atlantic Trucking Co.

Forward Air Corp. moved to expand its intermodal trucking business in the southeastern United States with the purchase of substantially all of the assets of Atlantic Trucking Co. and its affiliates in Charleston, S.C.

April 11, 2017
Business

Truckstop.com on Verge of Launching Rate Forecasting Tool

ORLANDO, Fla. — Truckstop.com will launch within three weeks the industry’s first rate-forecasting tool, a move that underscores the advantage of posting rates on the spot market, a company executive said April 10.

Roger Gilroy | Senior Reporter
April 11, 2017