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

Odyssey Logistics Elevates Keith Hancock to CEO Position

Odyssey Logistics & Technology Corp. has announced Keith Hancock as the company’s new CEO.

February 11, 2022
Business, Technology, Top 100

Averitt Emphasizes People, Service on 50th Anniversary

Averitt Express marked a half century in business last year with celebrations at its facilities across the country, including its corporate headquarters in Cookeville, Tenn.

February 11, 2022
Government, Business, Safety, Logistics

Inflation, Tangled Supply Lines Are Gripping Economy

WASHINGTON — Since the pandemic erupted two years ago, Forest Ramsey and his wife, Kelly, have held the line on prices at their gourmet chocolate shop in Louisville, Ky. Now, they’re about to throw in the towel.

Christopher Rugaber | Associated Press
February 11, 2022
Government, Business, Safety

Ontario Declares State of Emergency Over Blocked US Bridge

The premier of Canada’s biggest province declared a state of emergency, warning protesters choking off traffic at a key U.S. border crossing and causing gridlock in Canada’s capital they face stiff punishment if they don’t leave.

Brian Platt | Bloomberg News
February 11, 2022
Business, Technology, Fuel

Anheuser-Busch Taps Zero-Emission Trucks to Deliver New Beer

Anheuser-Busch teamed up with fleet partners Nikola Corp. and BYD Motors ahead of the Super Bowl to deliver Bud Light NEXT with zero-emission trucks.

February 11, 2022
Business, Equipment

TRP Opens 250th Aftermarket Parts Store

TRP, Paccar Parts’ brand of aftermarket parts for all makes and models of trucks, trailers and buses, announced the opening of its 250th TRP store.

February 11, 2022
Business, Equipment

January Trailer Orders Clear 26,000

U.S. trailer orders in January kept pace with a month earlier at about 26,000 but were down 13% compared with the 2021 period, ACT Research reported, citing manufacturers’ preliminary data.

February 11, 2022
Government, Business

How ATA Stopped the Vaccine Mandate

Join TT’s Dan Ronan as he interviews ATA President Chris Spear and gets a behind-the-scenes look at how ATA took the industry’s case against the vaccine-or-test mandate all the way to the Supreme Court – and won.

February 11, 2022
Business, Equipment

Goodyear Plunges as Tiremaker Sees Inflation Pressures

Goodyear Tire & Rubber Co. tumbled the most since the beginning of the COVID-19 pandemic after the company said inflationary pressures are likely to continue this year, tarnishing a quarter in which results outpaced expectations.

Richard Clough | Bloomberg News
February 11, 2022
Business, Equipment

Port of Baltimore Gets Grant to Upgrade Diesel Equipment

The Helen Delich Bentley Port of Baltimore announced it received a $1.8 million grant from the U.S. Environmental Protection Agency for the port’s Diesel Equipment Upgrade Program, which replaces older cargo-handling equipment and dray trucks with newer, cleaner and more efficient models.

February 11, 2022