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

Roland Bolduc Captures NTDC Crown for a Second Time

INDIANAPOLIS — The thrill of victory ... and ... that's it. Just the thrill of victory. There is no agony of defeat at the National Truck Driving Championships, as Roland Bolduc — who won his second Grand Champion crown — noted there are no losers. "The drivers are not against each other," the FedEx Express driver representing Connecticut said. "We're against the course."

Eugene Mulero | Senior Reporter
August 19, 2022
Business, Safety

2022 NTDC Awards Gallery

A look at the finalists and champions of each award category for the 2022 National Truck Driving & Step Van Driving Championships from Indianapolis. More photos from the competition here and the state championships here.

August 19, 2022
Business, Logistics

Can Grocery Stores Save the American Mall?

Between movie theaters, fitness centers and full-on amusement parks, American shopping malls have scrambled for years to attract new visitors to counter plummeting foot traffic. Even before the coronavirus struck, the concept of the mall — once so central to suburban life — was increasingly viewed as an anachronism.

Allison Smith | Bloomberg News
August 19, 2022
Business, Equipment

July Trailer Orders Blow Past 2021’s Low; 2023 Orders Awaken

U.S. trailer orders in July roared ahead compared with a year earlier but slumped compared with earlier months this year, ACT Research reported, citing trailer makers’ final data.

Roger Gilroy | Senior Reporter
August 19, 2022
Business, Logistics

Walmart, DoorDash to End Delivery Partnership

Walmart Inc. and DoorDash Inc. are ending their four-year delivery partnership.

August 19, 2022
Government, Business, Logistics, TCA

Port of L.A. Breaks Another Monthly Cargo Record

The Port of Los Angeles had its best-ever July, officials announced Aug. 17, outpacing the same month last year, which was the previous record, by 5%.

Kristy Hitchings | Press-Telegram, Long Beach, Calif.
August 19, 2022
Business, Technology, Fuel, Autonomous

Rivian Cancels Least Expensive Version of Electric Pickup Truck

Rivian Automotive Inc. eliminated the least expensive trim of its R1T electric pickup truck, the company confirmed via email, effectively raising the price of its entry-level model.

Gabrielle Coppola | Bloomberg News
August 19, 2022
Government, Business, Technology, Safety, Logistics

Rail Union Says Plan for Contract Deal Doesn’t Address Concerns

OMAHA, Neb. — The head of the nation’s largest railroad union says the report designed to help resolve stalled contract talks with freight railroads doesn’t do enough to address concerns about working conditions, even though it suggests 24% raises.

Josh Funk | Associated Press
August 19, 2022
Business, Safety

Families Couldn’t Be More Proud of NTDC Competitors

Professional drivers will tell you they don't make it to the National Truck Driving Championships on their own. They are bolstered by the support of friends, colleagues and families, many of whom have traveled to the Indiana Convention Center to personally cheer on their favorite driver.

Eugene Mulero | Senior Reporter
August 18, 2022
Business, Technology, Safety, Autonomous

Tesla Autopilot Probe Casts Eye on Role of In-Car Camera

U.S. auto safety regulators are scrutinizing Tesla Inc.’s in-car camera systems as part of a recently expanded investigation into whether the company’s automated driving technology is defective.

Keith Laing | Bloomberg News
August 18, 2022