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, Private

Rite Aid Files for Bankruptcy

PHILADELPHIA — Rite Aid said Oct. 16 that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan.

October 16, 2023
Government, Business, Safety

Derailment Spills Train Cars, Coal Onto Colorado Highway

PUEBLO, Colo. — A semi-trailer truck driver was killed when a train derailed and a bridge collapsed, spewing coal and mangled train cars across a highway near Pueblo, Colo., on Oct. 15, authorities said.

October 16, 2023
Business, Technology, Safety

Trucker Path Introduces Truck Stop Safety Feature for Women

AUSTIN, Texas — Trucker Path is enhancing its transportation network app to help women find safe truck stops in a partnership with American Trucking Associations’ Women In Motion group.

Connor D. Wolf | Staff Reporter
October 15, 2023
Business, Technology, Equipment

Volvo Introduces Central Portal for Connected Truck Services

AUSTIN, Texas — VTNA has introduced a new fleet management portal designed to make it easier for trucking operations to monitor health and performance through connected vehicle technology.

Seth Clevenger | Managing Editor, Features and Multimedia
October 15, 2023
Business, Equipment, For-Hire

Yellow Extends Bid Deadline for Trucks, Trailers

Yellow Corp. has rescheduled the bid deadline for its fleet of trucks and trailers, according to court documents related to the shuttered carrier’s ongoing bankruptcy proceedings.

Keiron Greenhalgh | Staff Reporter
October 15, 2023
Business, Technology, Equipment

Motive Debuts Holiday Outlook Report at MCE

AUSTIN, Texas — Fleet management technology supplier Motive released its first holiday outlook report examining the state of freight entering the peak season and heading into 2024.

Seth Clevenger | Managing Editor, Features and Multimedia
October 15, 2023
Government, Business, Fuel

Trucking Stakeholders Tackle EV Challenges

AUSTIN, Texas — The trucking industry has been moving steadily toward electric vehicles and renewable fuels, but challenges remain that must be overcome, experts said at a panel discussion.

Connor D. Wolf | Staff Reporter
October 15, 2023
Government, Business

Expert Panel Offers Tips on Trucking Advocacy

AUSTIN, Texas — By the end of this year, 267 trucking industry advocates from 30 states will have participated in 294 meetings with members of Congress or their staff, an expert panel said.

Eric Miller | Senior Reporter
October 15, 2023
Business, Technology, Safety

MCE Executive Panel: Safety Culture Must Come From the Top

AUSTIN, Texas — The safety culture for any carrier must be established from the top down, said executives at American Trucking Associations’ 2023 Management Conference & Exhibition.

Eric Miller | Senior Reporter
October 15, 2023
Government, Business, Equipment

‘Driving in a Fog’: Fleets Face Complex Equipment Choices

AUSTIN, Texas — Trucking fleets’ equipment purchasing decisions are becoming more complex amid overlapping and rapidly shifting truck emissions regulations.

Seth Clevenger | Managing Editor, Features and Multimedia
October 15, 2023