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, Logistics

Union Pacific Reports Strong Q1 Earnings

While Union Pacific Corp. delivered first-quarter financial results that outpaced Wall Street expectations, talk of service disruptions across its rail network and those of its competitors was top of mind among company executives who soon must answer to the Surface Transportation Board about those delays.

Dan Ronan | Senior Reporter
April 21, 2022
Business, Fuel

Gas Imports Flowing to West Coast at Near-Record Pace

The U.S. West Coast is importing gasoline at a near-record pace this month to help ease supply constraints amid eye-popping pump prices just ahead of the peak summer driving season.

Chunzi Xu | Bloomberg News
April 21, 2022
Business, Logistics, For-Hire

Mullen Reports Q1 Revenue, Profit Growth

Mullen Group Ltd. reported double-digit increases in profit and revenue for the first quarter but warned that the motor carrier was concerned about surging inflation and higher fuel expenses.

Jerry Hirsch | Contributing Writer
April 21, 2022
Government, Business, Fuel, Logistics

White House Eyes Emissions, Fuel Prices as Congress Finalizes Supply Chain Bill

The Biden administration continues to pursue initiatives meant to ease the impact of fuel prices on industries as congressional leaders finalize legislation to enhance supply chain connectivity.

Eugene Mulero | Senior Reporter
April 21, 2022
Business, Logistics

CSX Reports Strong Q1 Earnings

CSX Corp. reported first-quarter earnings April 20 that beat Wall Street analysts’ expectations.

Dan Ronan | Senior Reporter
April 21, 2022
Government, Business, Logistics

Trucking, Economic Experts Weigh Impact of Texas Border Bottlenecks

Financial reverberations from days’ worth of bottlenecks at the border between Texas and Mexico will be felt for months, trucking and economic experts said.

Noël Fletcher | Staff Reporter
April 21, 2022
Business, For-Hire

Landstar Reports Record Revenue, Earnings for Q1

Landstar System Inc. saw revenue and earnings reach a new record during the first quarter, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2022
Business, Safety

Learn to Leverage Technology and Data to Help Mitigate Your Risk

Program Aired: April 21, 2022. Managing compliance is critical in a landscape of nuclear verdicts and company-crushing audit violation penalties. 

April 21, 2022
Business, Logistics, For-Hire

Knight-Swift Reports $1.8 Billion Revenue for Q1

Knight-Swift Transportation Holdings Inc. posted revenue and earnings growth during the first quarter, the company reported April 20.

Connor D. Wolf | Staff Reporter
April 21, 2022
Government, Business, Fuel, TCA

Indiana Gas Taxes on Brink of State Record

Indiana motorists will be paying a total of 74.5 cents in taxes for each gallon of gasoline they purchase in May — the highest amount in Indiana history.

Dan Carden | The (Munster, Ind.) Times
April 21, 2022