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, Technology, Logistics, Global Freight

Shipping Prices Fall in Inventory Glut, Upping Broker Deals

U.S. trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during disruptions caused by the pandemic have plummeted as inventory gluts across the U.S. lowered demand.

Thomas Black | Bloomberg News
November 28, 2022
Business, Technology, Equipment, Fuel

Nikola Names Bruce Kurtt SVP of Sales and Commercial Operations

Zero-emission truck maker Nikola Corp. announced Bruce Kurtt has joined its executive team as senior vice president of sales and commercial operations.

November 28, 2022
Business, Technology

AI-Powered Sales Coaching: Hands-Off Virtual Training

Increasing numbers of sales managers are turning over much of their sales training responsibilities to artificial-intelligence-powered sales coaching.

Joe Dysart | Webology 101
November 23, 2022
Business, Technology, Equipment, Autonomous

Catching a Glimpse of Trucking’s Future

The exhibit hall at American Trucking Associations’ Management Conference & Exhibition has long served as a showcase for the latest products and innovations in freight transportation. This year’s event, which ran Oct. 22-25 in San Diego, was no exception

Seth Clevenger | Managing Editor, Features and Multimedia
November 23, 2022
Government, Business, Technology

The Path Toward Sustainable Trucking

Every day there are new articles about an organization announcing sustainability goals and often these objectives are no longer decades away. 

Daniel Burrows | Founder and CEO, TruckLabs
November 23, 2022
Government, Business, Logistics

Virginia Captures Key Warehousing, Distribution Center Ventures

Beating out other states, Virginia snagged two warehousing and distribution center ventures worth $289 million for a logistics park and a port.

Noël Fletcher | Staff Reporter
November 23, 2022
Government, Business, Equipment, Logistics

Business Equipment Orders Rebounded Sharply in October

Orders placed with U.S. factories for business equipment rebounded in October, suggesting capital spending plans are holding up in the face of higher borrowing costs and broader economic uncertainty.

Reade Pickert | Bloomberg News
November 23, 2022
Business, Logistics, Breaking News

ATA Truck Tonnage Index Up 2.8% in October

Truck tonnage in October increased compared with year-ago levels but declined on a month-to-month basis, a sign that the freight market is reacting to economic and consumer trends, American Trucking Associations said.

Dan Ronan | Senior Reporter
November 22, 2022
Business, Equipment, Logistics

Stellantis Has Glut of Cars Stuck at Plant on Logistics Troubles

Stellantis NV has thousands of cars stuck at its Sochaux plant in eastern France as logistics problems that impacted the maker of Peugeot 3008 SUVs last quarter persist.

Albertina Torsoli | Bloomberg News
November 22, 2022
Business, Logistics

East Coast Ports Continue to Gain Business Amid Concerns Over West Coast Labor Talks

Ongoing concern about labor and management talks regarding two separate contract negotiations and a slowing U.S. economy resulted in a big drop in container volume at two of the nation’s biggest ports on the Pacific Coast.

Dan Ronan | Senior Reporter
November 22, 2022