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.
MTA Honors Autumn Transport’s Jerry Stephens as Driver of the Year
The Minnesota Trucking Association honored Jerry Stephens of Autumn Transport as Driver of the Year for 2021.
April 22, 2022STB Proposes Emergency Action to Keep Rail Freight Moving
The U.S. Surface Transportation Board proposed a rule change that aims to bring immediate relief for shippers facing poor rail service, asserting that the agency can take emergency action on its own to address delays.
Transportation Sector Rallies to Provide Help to Ukrainians
The transportation industry has stepped up to assist the people of Ukraine in the wake of Russia’s invasion of the country that triggered a refugee crisis.
Louisiana Champ Courville Promotes Mental Toughness
With the road to the National Truck Driving Championships underway, a familiar face at the main tournament has already qualified.
Cummins Files for Possible IPO of Filtration Business
Cummins Inc. announced its filtration business confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering in the United States.
Montreal Port’s Pitch to Shippers: No Waiting
The head of Canada’s second-biggest port has a supply chain sales pitch few of his peers in the global shipping industry can match: zero wait time at sea for container traffic.
XPO Marks Earth Day With Carbon Offsets Program
XPO Logistics Inc. introduced a carbon-offset shipping option for customers of its truck brokerage business in North America, the company announced April 22.
April 22, 2022Convoy Adds Capital to Expand Technologies
Digital freight broker Convoy announced it raised $260 million in new funding and added a $150 million line of credit as it intends to accelerate the development of its efficiency-focused technologies.
April 22, 2022Penske Truck Leasing Expands in Washington State
Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.
April 22, 2022Shipping Firm Proposes CSX Project at SeaPort Manatee
PALMETTO, Fla. — The owners of World Direct Shipping have announced a bold initiative to send imported manufactured goods from SeaPort Manatee to the Northeast via a proposed CSX rail connection.