Business
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.
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.
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, 2022AI-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.
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
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.
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.
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.
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.
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.
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.