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, Safety

Opportunities Abound for Women in Trucking, Observers Say

DALLAS — Trucking provides women with career opportunities that allow them to chart successful paths, but consideration must be given to challenges they face, experts said at an industry conference.

Noël Fletcher | Staff Reporter
November 16, 2022
Business, Perspective

Perspective: Retaining Drivers Is About Commitment

So, you’ve hired a truck driver. Now how do you retain them over the long haul?

Dirk Kupar | Co-founder and president of TruckRight, KAT Media and Kupar Professional Services
November 16, 2022
Business, Technology, Autonomous

Waabi Unveils Adaptable Autonomous Driving System for Trucking

Self-driving truck startup Waabi has unveiled its core product, the Waabi Driver, an autonomous driving system for commercial trucks designed to learn and adapt to new routes and driving scenarios at a faster pace and lower development cost.

Seth Clevenger | Managing Editor, Features and Multimedia
November 16, 2022
Business, Equipment

Traton Reports Operating Profit Slips, Revenue Jumps

Traton Group reported operating profit fell 32% and revenue rose 32% in the nine-month period ending Sept. 30 compared with a year earlier, and noted a challenging environment remains.

Roger Gilroy | Senior Reporter
November 15, 2022
Business, Equipment

October Average Retail Price for Used Class 8 Stays Above $83,000

The average U.S. retail price in October for a used Class 8 just cleared $83,000, 15% higher compared with a year earlier, ACT Research reported.

Roger Gilroy | Senior Reporter
November 15, 2022
Government, Business, Equipment, Logistics

The Battery Supply Chain Is Finally Coming to America

Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.

Tom Randall | Bloomberg News
November 15, 2022
Business, Logistics, Private

Walmart’s Grocery Gains Power Sales Beat and Stock Jump

Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.

Janet Freund | Bloomberg News
November 15, 2022
Government, Business, Logistics

Wholesale Inflation Eased in October for Fourth Straight Slowdown

Prices at the wholesale level rose 8% in October from a year ago, the fourth straight decline and the latest sign that inflation pressures in the United States are easing from painfully high levels.

Christopher Rugaber | Associated Press
November 15, 2022
Government, Business, Fuel

Diesel Demand Destruction Starting to Look Inevitable, International Agency Says

Unprecedented diesel prices mean that demand destruction for the fuel is probable, the International Energy Agency said.

Alaric Nightingale | Bloomberg News
November 15, 2022
Business, Technology, Equipment

Daimler Reports Strong Q3 Gains Amid Constraints

Daimler Truck Holding AG reported a continued profitable growth path during the third quarter, with rocketing net income and higher revenue despite supply chain constraints and headwinds from raw material and energy prices.

Roger Gilroy | Senior Reporter
November 15, 2022