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, Safety

Hutcheson Cites History of Commitment to Gender Equality

DALLAS — The head of the Federal Motor Carrier Safety Administration told a conference hosted by a women’s trucking organization that she has been striving to elevate the vital role women play in the industry throughout her career.

Noël Fletcher | Staff Reporter
November 15, 2022
Business, Logistics, For-Hire

Daseke Founder Sells Shares Amid Board Retirement

Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.

Connor D. Wolf | Staff Reporter
November 15, 2022
Government, Business, Technology

PrePass Urges Caution on CMV Electronic Identifier System

A new PrePass Safety Alliance white paper claims that a proposal to require that trucks have a unique electronic identifier system would not necessarily improve highway safety, and could allow inspectors to monitor the condition of commercial motor vehicles while they are in motion.

Eric Miller | Senior Reporter
November 15, 2022
Business, Equipment, Fuel, Logistics, For-Hire

J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034

J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.

November 14, 2022
Business, Equipment, Logistics, For-Hire, Global Freight

FedEx Freight Unit Furloughs Workers as Cargo Demand Slows

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.

Thomas Black | Bloomberg News
November 14, 2022
Government, Business, Technology, TCA

Stellantis Promotes Opportunities for Minority-Owned Businesses in EV Shift

The chief operating officer in North America of the maker of Jeep SUVs and Ram trucks on Nov. 14 emphasized the opportunities for minority-owned businesses to be a part of the company’s transformation toward electrification.

Breana Noble | The Detroit News
November 14, 2022
Business, Equipment

October Classes 4-7 Retail Sales Uneven

Classes 4-7 U.S. retail sales in October were off 5% from a year earlier, thanks only to strength in Class 6 as the other classes fell, Wards Intelligence reported.

Roger Gilroy | Senior Reporter
November 14, 2022
Business, Technology

Musk Complains of ‘Too Much Work’ After Taking Over Twitter

The fear Tesla Inc. investors had as soon as Elon Musk made his bid for Twitter Inc. has come to fruition: Even he admits he’s taken on more than he should.

Grace Sihombing | Bloomberg News
November 14, 2022
Business, Technology, Equipment

Trailer Makers Use Composites, Materials to Extend Life, Limit Moisture and Overloading

Amid a challenging landscape of supply chain issues, manufacturers are extending the lives of trailers using products such as composite materials and galvanized elements.

Steve Brawner | Contributing Writer
November 14, 2022
Government, Business, Technology, Logistics

Study Says Charging Network Isn’t on Pace With Electric Truck Development

In December, Tesla Inc. plans to deliver the first of its electric Semi trucks — prompting those responsible for delivering the power to ask: Are we ready for this?

Tom Randall | Bloomberg News
November 14, 2022