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, For-Hire, Top 100

Top 100 For-Hire Carriers Grow Despite Softer Freight Market

Despite a softer freight environment, most of the largest trucking companies in North America continued to grow their businesses last year even as spot market rates dropped.

Seth Clevenger | Managing Editor, Features and Multimedia
June 23, 2023
Business, Logistics, Top 100

About Us: 2024 Transport Topics Top 100 For-Hire Carriers

This annual publication ranks companies based on annual revenue and includes a listing of operating units and description of services, names of top executives and type of ownership, plus data on the number of employees and equipment.

June 23, 2023
Government, Business, Technology, Safety, Logistics

I-95 Bridge in Philadelphia Reopens Ahead of Schedule

PHILADELPHIA — Interstate 95 reopened June 23 less than two weeks after a deadly collapse in Philadelphia, a quicker-than-expected rebuild to get traffic flowing again on a major highway.

June 23, 2023
Business, Technology, Equipment

Volvo, University, Fleets Team Up for Extreme BET Testing

Volvo Trucks North America is working with the University of Minnesota and two fleets on testing of Volvo's Class 8 VNR Electric model to assess the impact of temperature on battery life.

June 23, 2023
Business, Logistics

Logistics Plus Expands European Operations

Logistics Plus Inc. has acquired Dutch peer Jan Krediet in an effort to expand its European presence, the Erie, Pa.-based logistics service provider said June 22.

Keiron Greenhalgh | Staff Reporter
June 23, 2023
Business, Equipment, Fuel

Nikola Suspects ‘Foul Play’ in Fire at Phoenix Headquarters

Nikola Corp. suspects “foul play” after an early-morning fire broke out at its Phoenix headquarters that affected several of its electric big rigs.

June 23, 2023
Government, Business, Technology

Louisiana Adapts Law to Include EV Charging Stations

Louisiana has a new law that enables the state to regulate fueling stations for charging electric vehicles.

Noël Fletcher | Staff Reporter
June 23, 2023
Government, Business, Technology, Logistics

I-95 Bridge Repair: How NASCAR Helped Speed Things Along

PHILADELPHIA — The race to reopen a stretch of Interstate 95 is getting a boost from a truck-mounted jet dryer that’s normally used to keep moisture off the track at the Pocono Raceway.

June 22, 2023
Government, Business, Technology, Fuel

ATA’s Spear: Emission Mandates Must Follow Realistic Timelines

WASHINGTON — ATA President Chris Spear said trucking supports clean air initiatives but warned against efforts to compel businesses to use emerging vehicle technology before it's ready.

Dan Ronan | Senior Reporter
June 22, 2023
Government, Business, Technology, Safety, Autonomous, Private

FBI Says EVs Raise Risk of Cyberattacks

Trucking companies that are considering electrifying their fleets must be on their guard for the heightened opportunities such decisions offer cybercriminals, according to the FBI.

Keiron Greenhalgh | Staff Reporter
June 22, 2023