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.
Deere to Bring Fully Autonomous Tractor to Market This Year
Self-driving vehicles are moving off the roads and onto the fields. Deere & Co., the largest farm equipment manufacturer in the world, unveiled a fully autonomous tractor on Jan. 4, propelling it past rivals in the tech space.
M&K Truck Centers Acquires Legacy Truck Center
M&K Truck Centers announced it acquired nine truck dealerships, an eCommerce parts sales operation and a fire-and-rescue products company — all previously owned by Legacy Truck Centers.
January 4, 2022Trinity Logistics Acquires Team Eagle Logistics
Trinity Logistics announced Jan. 3 that it has acquired Scottsdale, Ariz.-based Team Eagle Logistics.
January 4, 2022Schneider Acquires Midwest Logistics Systems
Schneider National is growing its dedicated operations with the acquisition of truckload carrier Midwest Logistics Systems.
January 4, 2022Bison Transport Acquires Hartt Transportation Systems
Bison Transport has acquired Hartt Transportation Systems Inc., a truckload carrier based in Bangor, Maine.
January 4, 2022The Electrification Journey
Electric trucks promise many potential rewards for the freight transportation industry. But the experiences of fleets that have begun to deploy these vehicles illustrate an elaborate set of challenges and considerations associated with electrification.
A Record 4.5 million Americans Quit Their Jobs in November
A record 4.5 million American workers quit their jobs in November, a sign of confidence and more evidence that the U.S. job market is bouncing back strongly from last year’s coronavirus recession.
Supply Chain and Ports Bend but Don’t Break During Holidays
As traditional brick-and-mortar and online retailers reported record holiday shopping numbers, experts say the nation’s transportation sector handled the crush of moving hundreds of millions of packages with relatively little difficulty.
GM Loses Spot Atop US Car Market to Toyota
For the first time since 1931, General Motors Co. isn’t the top-selling automaker in the U.S. The Detroit-based company lost its crown to Japanese rival Toyota Motor Corp., which boosted sales 10% last year despite a 28% decline in the fourth quarter.
Manufacturing Gauge Falls While Price Pressures Ease
A measure of U.S. manufacturing fell short of expectations at the end of 2021, reflecting declines in gauges of delivery times and prices that belie an otherwise solid demand picture.