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, Technology, Private

Amazon Kicks Off Jumbo 7-Part Bond Sale

Amazon.com Inc. is offering investment-grade bonds for general corporate purposes that may include repaying debt as well as funding acquisitions and share buybacks in its first note sale in about a year.

Josyana Joshua | Bloomberg News
April 11, 2022
Business, Technology, Autonomous

Elon Musk Won’t Join Twitter’s Board

Twitter Inc.’s shares slid after Elon Musk decided not to join its board, a stunning twist to a weeklong saga that has captivated the tech community and touched off renewed speculation about the company’s future.

April 11, 2022
Business, Equipment

Labor Challenges, Supply Chain Issues Continue to Hinder Trailer Production

Demand for trailers remains red-hot, but shortages of labor, components and supplies are restricting production, making it difficult for trailer makers to meet demand and set prices — with no end in sight for the long term.

Mindy Long | Special to Transport Topics
April 11, 2022
Government, Business, Logistics

R.I. Truckers Back $46 Million Plan to Upgrade Commercial Fishing Port

The Rhode Island Trucking Association backs the governor’s request to invest $46 million to add decades to the life of a major East Coast commercial fishing hub in the Port of Galilee while improving freight movements.

Noël Fletcher | Staff Reporter
April 11, 2022
Government, Business, Logistics

3PLs Can Strengthen Partnerships, Advocate for Industry, TIA Leaders Say

SAN DIEGO — At a time when supply chain challenges are in the national spotlight, third-party logistics providers have a unique opportunity to advocate for their businesses and forge stronger relationships with their shipper customers and carrier partners, 3PL industry leaders said.

Seth Clevenger | Managing Editor, Features and Multimedia
April 11, 2022
Business, Technology, Logistics

UST Promotes Kevin Dietrich

UST Logistical Systems announced the promotion of Kevin Dietrich to executive president. In his new role, Dietrich will be responsible for all divisions and their financial performance.

April 8, 2022
Business, Logistics

Interactive Map: Where the 2022 Top 100 Logistics Companies Are in North America

Find out where the 2022 Top 100 Logistics Companies are located by regions and by state in North America with our interactive map.

April 8, 2022
Business, Logistics

Expanded List of Top 100 3PLs Reflects Ever-Changing Logistics Landscape

As the 3PL industry continues to grow, so, too, does Transport Topics' annual ranking of the largest logistics companies in North America, this year expanding from 50 to 100 companies.

Seth Clevenger | Managing Editor, Features and Multimedia
April 8, 2022
Business, Technology, Logistics

Outgrowing Your TMS Is OK, Just Don't Let It Happen Twice

Outgrowing your software or platform is a normal rite of passage, and one that should be celebrated. But after that first time, if you find yourself again in need of new platforms, that's a sign you probably made a mistake.

JP Wiggins | VP of Logistics, 3G
April 8, 2022
Business, Logistics

The Rise of the Entrepreneurial Carrier: What Shippers Need to Know

In 2022, we’re approaching the dawn of a new era for entrepreneurial carriers. The industry should be ready to adapt with small carriers in mind by providing systems and technologies that allow them to succeed.

Bill Driegert | Head of Operations, Uber Freight
April 8, 2022