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.

Government, Business, Equipment

Senate Overturns Biden’s Anti-Smog Rules for Big Rigs

The Senate voted to overturn President Joe Biden’s pollution limits for big rigs that Republicans said were too aggressive, but were heralded by environmentalists as long overdue.

April 27, 2023
Government, Business, Technology, Autonomous

Warehouse Operators Look for ROI, Advantages in Automation

A tight labor market along with advances in warehouse robotics are the top reasons operators are beginning to make larger investments in automation.

Dan Calabrese | Special to Transport Topics
April 27, 2023
Business, Equipment, For-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

Keiron Greenhalgh | Staff Reporter
April 27, 2023
Business, Equipment

March Trailer Orders Down 55.7% Year-Over-Year

U.S. trailer orders fell by over half of the year-ago total to just shy of 17,000 units in March, ACT Research reported.

Connor D. Wolf | Staff Reporter
April 26, 2023
Government, Business

Senate Committee Advances Julie Su as Labor Nominee

Eugene Mulero | Senior Reporter
April 26, 2023
Government, Business, Safety

Ohio Derailment Cost Norfolk Southern $387 Million

Norfolk Southern announced April 26 that the Feb. 3 freight train derailment in East Palestine, Ohio, cost the railroad $387 million, which impacted its first-quarter profit by 33.7%.

Dan Ronan | Senior Reporter
April 26, 2023
Government, Business

Congressional Republicans Unveil Labor Bill

A comprehensive update to labor laws aimed at improving the national workforce landscape was recently proposed by congressional Republicans.

Eugene Mulero | Senior Reporter
April 26, 2023
Business, Logistics, For-Hire

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

Keiron Greenhalgh | Staff Reporter
April 26, 2023
Business, Logistics, Top 100

Old Dominion Reports Revenue, Earnings Decline for Q1

Old Dominion Freight Line experienced a year-over-year decline in revenue and earnings during the first quarter, the company reported April 26.

April 26, 2023
Business, Fuel

Carbon Deal Targets Pipeline Seeking to Tackle Ethanol Emissions

A project to build a giant pipeline to remove carbon produced by the corn-based ethanol industry struck its first agreement to sell carbon-removal credits.

April 26, 2023