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

How Trucking Tackles a Tough Labor Market

AUSTIN, Texas — The trucking industry is working to overcome employment obstacles amid a tightening labor market and soft economy, a panel of experts said.

Connor D. Wolf | Staff Reporter
October 19, 2023
Business, For-Hire

Mullen Group Reports Mixed Q3 Results

Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.

Connor D. Wolf | Staff Reporter
October 19, 2023
Business

Women In Motion Sets Path to Advocate for Female Truckers

AUSTIN, Texas — The Women In Motion advocacy group of American Trucking Associations is ramping up a new membership program and crafting a booklet focused on independent contractors.

Connor D. Wolf | Staff Reporter
October 19, 2023
Business, Logistics, For-Hire

Marten Revenue Nears $280 Million Amid Tough Q3 Market

Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.

Connor D. Wolf | Staff Reporter
October 19, 2023
Business, Technology, Equipment, Logistics, Autonomous, For-Hire

Autonomous Trucks Could Create Safer Roads, Better Jobs

AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.

Seth Clevenger | Managing Editor, Features and Multimedia
October 19, 2023
Business, Technology, Equipment, TCA

Stellantis to Launch Four Electric Pickup Trucks

Stellantis NV on Oct. 18 laid out its offensive in the commercial vehicle market, committing to launching four electrified pickup trucks in North America over the next two years.

Breana Noble | The Detroit News
October 19, 2023
Business, Logistics

Union Pacific Profit Tops Reduced Estimates

Union Pacific Corp. reported profit that topped analysts’ estimates, which had been adjusted down in the last month, as the railroad leaned on efficiency to make up for lower carloads and higher labor costs.

Thomas Black | Bloomberg News
October 19, 2023
Government, Business, Safety, Logistics

I-25 in Colorado Set to Reopen Today

PUEBLO, Colo. — Interstate 25 in Colorado is expected to reopen four days after it was shut down when a train derailment collapsed a railroad bridge onto the highway and killed a trucker.

October 19, 2023
Business, Technology, Fuel, Autonomous

Tesla Sets Nov. 30 for Cybertruck Delivery

Tesla Inc. is sticking with its full-year production forecast and promising its new Cybertruck by Nov. 30, even as it reported worse-than-expected earnings last quarter.

Dana Hull and Sean O'Kane | Bloomberg News
October 18, 2023
Government, Business, Fuel

Ford Says Strict Fuel Rules Will Cost It $1 Billion in Fines

Ford Motor Co. says it would face $1 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules that target SUV and truck manufacturers.

Keith Laing | Bloomberg News
October 18, 2023