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, For-Hire

Saia Reports 112% Increase in Earnings for Q1

Saia Inc. experienced a 112% year-over-year increase in total earnings for the first quarter, the company reported May 2.

Connor D. Wolf | Staff Reporter
May 2, 2022
Government, Business, Fuel

Gulf of Mexico Oil Drilling Makes Too-Little, Too-Late Comeback

A new wave of oil platforms is sweeping into the U.S. Gulf of Mexico as crude prices are riding historic levels and demand for barrels is higher than ever.

Paul Takahashi | Houston Chronicle
May 2, 2022
Business, Technology, Private

Amazon to Shutter Six Whole Foods Stores

Amazon.com Inc. will close six Whole Foods Market locations in four states, almost two months after shutting dozens of bookstores and gift shops around the country.

May 2, 2022
Business, Logistics

Synergy Freight Solutions Merges With Knichel Logistics

Synergy Freight Solutions merged with Knichel Logistics Inc. to become Knichel Logistics–Detroit Branch, the companies announced April 25.

May 2, 2022
Business, Technology, Equipment

Lordstown, Foxconn Delay Ohio Factory Sale Deadline

Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.

Sean O'Kane and David Welch | Bloomberg News
May 2, 2022
Business, Fuel

Are You Overpaying for Fuel?

Fuel prices are high, but your company has worked hard to implement the right fuel program; you’ve negotiated discounts with retail chains and set up bulk and mobile fueling deals… right? 

May 1, 2022
Business, Technology

Transform Your Trailer Assets and Save Time and Money

The Bennett Family of Companies improved its trailer tracking ability by ditching battery-operated devices for SkyBitz’s solar-powered, real-time tracking platform. And saved $1000 per week in labor costs! Discover how in this success story.   Get Your Copy Now! 

May 1, 2022
Business, Fuel

A Practical Guide to Operating a Greener Class 8 Fleet

Going green isn’t just about electrification. It starts with smaller, more practical steps you can take today. Our practical guide includes both short-term strategies and long-term strategies to operating a greener fleet. 

May 1, 2022
Business, Equipment

How Dash Cams Protect Your Drivers and Your Business

Large verdicts against motor carriers have been increasing. Fleets that adopt dashcams are in a better position to defend against claims. This paper includes important information about the increasingly litigious landscape carriers operate in and the protection that dashcams provide. 

May 1, 2022
Business, Fuel

Lordstown, Foxconn Delay Factory Sale Deadline to Mid-May

Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.

Sean O'Kane and David Welch | Bloomberg News
April 29, 2022