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, Equipment, Safety

Number of Guilty Pleas in Staged Accident Scams Reaches 41

Three additional participants in staged accidents with trucks in the New Orleans area have pleaded guilty to conspiracy to commit mail fraud charges, bringing to 41 the number of convicted conspirators in the FBI’s “Operation Sideswipe” investigation.

Eric Miller | Senior Reporter
October 17, 2022
Business, Technology

Airbus Wins First Third-Party Mission for Giant Beluga Cargo Jet

Airbus SE is poised to carry out its first cargo flights for an external client using a fleet of giant Beluga jets originally built to ferry wings between the planemaker’s European factories.

Charlotte Ryan | Bloomberg News
October 17, 2022
Business, Logistics, TCA

GXO Logistics to Hire 4,000 for Holiday Season Across US

Warehouse operator GXO Logistics announced on Oct. 13 plans to hire about 4,000 employees across the U.S. by the end of the year, as it prepares for a busy holiday season in which it expects a surge in product returns.

Paul Schott | The Advocate (Stamford, Conn.)
October 17, 2022
Business, Technology, Logistics, For-Hire

NFI Acquires MCO Transport to Bolster Southeastern Port Operations

North American supply chain solutions company NFI has acquired southeastern port service solutions provider MCO Transport Inc., the company announced Oct. 10.

Connor D. Wolf | Staff Reporter
October 17, 2022
Government, Business, Safety, Logistics, Perspective

Perspective: Marking a Year of Wins

Harold Sumerford Jr. writes, "As ATA chairman, I’ve traveled around the country — 20 states in all — talking to my fellow truckers. Everywhere I go I’m struck by how invigorated people are by the 'new' ATA."

Harold Sumerford Jr. | Chairman, American Trucking Associations
October 17, 2022
Government, Business, Safety

ATA’s Chris Spear: 2022 Has Brought Trucking Major Victories

American Trucking Associations President Chris Spear said he is excited to talk about the victories the federation has achieved over the past year, but he’s equally energized about taking on the issues facing it in the months ahead.

Dan Ronan | Senior Reporter
October 15, 2022
Government, Business

2022 MCE Photo Gallery

In 2022, American Trucking Associations' Management Conference & Exhibition returns to the San Diego Convention Center Oct. 22-25, the same venue where the event was held in both 2019 and 2014.

October 14, 2022
Government, Business, Fuel, Breaking News

Nikola Founder Trevor Milton Guilty of Defrauding Investors

Nikola Corp. founder Trevor Milton was convicted of fraud Oct. 14 for misleading investors in the electric truck company.

October 14, 2022
Business, Technology, Equipment, Breaking News

September US Class 8 Retail Sales Stay Strong

U.S. Class 8 retail sales in September were nearly 23,000 and reached the second-highest total this year, Wards Intelligence reported.

Roger Gilroy | Senior Reporter
October 14, 2022
Government, Business, Technology, Equipment, Safety, Fuel

CVSA Announces Results of Hazardous Materials, Dangerous Goods Blitz

A five-day unannounced hazardous materials and dangerous goods inspection special enforcement effort in June netted 1,774 violations in the United States and Canada, the Commercial Vehicle Safety Alliance reported Oct. 12.

Eric Miller | Senior Reporter
October 14, 2022