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, Technology, Equipment

Artificial Intelligence in Cold Chain Removes Manual Probing

Quality Custom Distribution partnered with EROAD to replace the costly, unreliable process of manual temperature monitoring. The implementation of a new Artificial Intelligence-driven solution has resulted in the elimination of manual temperature checks and significant cost savings for QCD. 

November 1, 2023
Business, Technology

How Business Leaders Can Speed Up IoT Deployments

Learn how these enterprises are turning to integrated IoT offerings from mobile network operators to create manageable, large-scale IoT deployments by packaging frequency band options (including 5G), account and contract streamlining, and a full slate of IoT lifecycle support services.

November 1, 2023
Business, Equipment

Traton Reports Revenue Growth to $12 Billion for Q3

Traton SE experienced an increase in revenue and operating results despite market headwinds during the third quarter of 2023, the company reported Oct. 25.

Connor D. Wolf | Staff Reporter
November 1, 2023
Business, Technology, Equipment

Eaton Q3 Profit Jumps, Beats Analyst Expectations

Profits at Eaton Corp. jumped year-over-year in the third quarter, but executives are not optimistic about commercial vehicle prospects in 2024.

Keiron Greenhalgh | Staff Reporter
November 1, 2023
Business, Logistics, For-Hire

Forward Air Reports 82% Earnings Drop During Q3

Forward Air Corp. reported an 82.2% drop in earnings during the third quarter of 2023 as revenue declined amid a weak freight environment, the company reported Oct 30.

Connor D. Wolf | Staff Reporter
November 1, 2023
Government, Business, Safety

FMCSA Grant Helps West Virginia Report CMV Crashes

West Virginia will use an FMCSA grant for $140,729 to provide more accurate and timely data to state law enforcement about commercial motor vehicle safety accidents.

Noël Fletcher | Staff Reporter
November 1, 2023
Business, Equipment

Yokohama Executives Say Fleets Still Adjusting Post-Pandemic

WEST POINT, Miss. — Executives from Yokohama Tire Corp. said their motor carrier customers have adjusted well to the post-COVID economy, but it's not business as usual.

Michael Freeze | Features Editor
November 1, 2023
Business, Equipment, Fuel

Freightliner eM2 Serial Production Begins at Portland Plant

Serial production of Freightliner’s eM2 medium-duty battery-electric truck began at Daimler Truck North America’s Portland, Ore., manufacturing plant in recent days, DTNA said Oct. 26.

Keiron Greenhalgh | Staff Reporter
November 1, 2023
Government, Business, Fuel

Schumer Wants FTC to Examine Exxon, Chevron Acquisitions

Senate Majority Leader Chuck Schumer is urging the Federal Trade Commission to look into whether Exxon Mobil and Chevron’s proposed oil and gas acquisitions could violate antitrust laws.

November 1, 2023
Business, Technology, Equipment

Tevva, ElectricaMeccanica End Partnership

Plans to build a hybrid electric and hydrogen-powered Class 8 truck floundered in recent days as startup merger partners Tevva Motors Ltd. and ElectraMeccanica Vehicles Corp. parted ways.

Keiron Greenhalgh | Staff Reporter
November 1, 2023