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.
Covenant Reports Robust Earnings, Revenue Results for Q3
Covenant Logistics Group Inc. experienced year-over-year revenue and earnings growth during the third quarter, the company reported Oct. 20.
California AB 5 Law: Many Challenges, No Easy Solutions
SAN DIEGO — The good news for motor carriers subject to the California AB 5 law is that legal experts say state prosecutors have not taken carriers to court to enforce the state’s controversial independent contractor misclassification law.
Family Business Leader Says Trucking Central to Economy's Success
SAN DIEGO — A trade group that advocates for family-owned businesses is seeking the support of trucking company owners as it lobbies for the launch of a Congressional initiative to help families plan for passing businesses down to the next generation.
Environmental Regulations Poised to Alter Future of Trucking Equipment
SAN DIEGO — A plethora of upcoming environmental regulations are poised to reshape the trucking industry’s equipment market by further curbing engine emissions and pushing adoption of zero-emission trucks.
Cost of Fuel Ranks as Trucking’s Top Concern in ATRI 2022 Survey
SAN DIEGO — Fuel prices overtook the driver shortage as the top issue of concern expressed by drivers and motor carriers in the American Transportation Research Institute’s 2022 Top Industry Issues survey, made public here on Oct. 22.
FMCSA's Robin Hutcheson Promotes Workforce, Touts Industry’s Contributions
SAN DIEGO — Recruiting and retaining women for jobs in the trucking industry is a goal the Biden administration is pursuing, the nation’s top trucking regulator said Oct. 22.
Drivewyze, Inrix Partner With Georgia DOT on Real-Time Traffic Alerts
Drivewyze announced it partnered with the Georgia Department of Transportation to provide real-time traffic alerts from Inrix through Drivewyze’s smart roadways service.
October 22, 2022DTNA, Lytx to Partner on Factory-Installed Dual Camera Module
Daimler Truck North America announced plans to offer a complete factory-installed dual camera module from video telematics provider Lytx on its Freightliner and Western Star trucks.
Truck-Lite Upgrades Super 44, 60 Series LED Lights
Truck-Lite introduced new warning light derivatives of its Super 44 and 60 Series LED lights for municipal, construction and refuse fleets. Heated options of both lights also are available.
October 22, 2022Plus Showcases ‘Driver-In’ Automated System
SAN DIEGO — Self-driving truck developer Plus provided industry executives a firsthand look at its “driver-in” automated driving system in action at American Trucking Associations’ 2022 Management Conference & Exhibition.