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.
Universal Logistics Beats Q4 Expectations
Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15.
Consumer Sentiment Index Edges Higher in February
WASHINGTON — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy.
Fleets Use Tech to Aid Communication With Immigrant Drivers
The use of technology-based programs is helping integrate non-native English speakers into truck driving environments.
Kia Debuts First Georgia-Made EV at State Capitol
Kia executives met with Georgia Gov. Brian Kemp and state leaders Feb. 13 to show off a historic milestone — the first electric vehicle built in Georgia.
Social Media Platforms Open Fleets to Newer Recruiting Pool
Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.
CDL Schools, Driver Training Programs Focus on the Right Fit
The driver shortage and turnover are top concerns within the trucking industry, and insiders contend schools and training programs play a critical role in attracting new entrants.
Rouzer Outlines WRDA's Path to Passage
This spring, House Republicans will seek committee approval of a comprehensive water infrastructure bill significant to supply chain connectivity.
Kenan Advantage Group Enters Dry Bulk Sector
Kenan Advantage Group bought Northern Dry Bulk for an undisclosed sum, marking its first major foray into dry bulk haulage, the top-ranked tank transporter said.
Update: 2024 Top 100 Truck Bottlenecks List Sees Congestion Increasing
Fuel card skimming is on the rise. Read Dan Calabrese's report on what trucking fleets can do to thwart cyber criminals who engage in this high tech theft.
February 15, 2024Allison Q4 Profit Rises 21% on Vocational Strength
Allison Transmission Holdings Inc. profits increased 21% year-over-year in the fourth quarter of 2023 behind North American Class 8 vocational truck market strength.