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.
Tyson Foods’ Earnings Beat Estimates on Soaring Meat Prices
Tyson Foods Inc., the top U.S. meat company by sales, reported better-than-expected earnings as surging prices for beef and chicken helped to offset a decline in volumes amid a tight labor market.
Startup Embark Trucks Now Publicly Traded
Autonomous truck software developer Embark Trucks Inc. announced it completed its business combination with Northern Genesis Acquisition Corp. II, and the combined company has been renamed Embark Technology Inc.
November 15, 2021Xos Adds Additional Proprietary Battery Systems
Electric truck maker Xos Inc. announced its second series of proprietary battery systems.
November 15, 2021Winter Preparedness for Fleets Starts Long Before the Cold Arrives
As preparedness is the best defense against the rough elements, winterizing vehicles is an essential part of maintenance and safety.
Appellate Court Strikes Down GHG Rule for Trailers
A divided federal appeals court has thrown out portions of the 2016 Phase 2 greenhouse gas emissions rule that would have required heavy- and medium-duty trailers for the first time ever to adopt some combination of fuel-saving technologies.
Rush Enterprises Appoints Clarke to Board
Commercial vehicle dealer Rush Enterprises announced it has appointed Troy Clarke to the board of directors and board member James Underwood will retire early next year.
November 12, 2021J.B. Hunt Execs Say Mandate Issues Extend Beyond Drivers
The question of how a federal vaccine mandate might affect transportation workers other than truck drivers must be considered amid broader discussion of the proposal, an industry executive said at a recent event.
Ports and Airports Continue Climb Back to Normalcy
With a year plagued by severe weather and coronavirus recovery, ports and airports across North America are clamoring to stay ahead of the cargo backlogs and shipments.
November 12, 2021UPS, FedEx Swap Places Atop Global Freight Carriers List
Although it remains unclear when the flow of international freight will return to normalcy, the companies on the Transport Topics 2021 Top 50 Global Freight Carriers list are doing their part to ensure that cargo continues to move via ship, truck, train and aircraft.
Global Freight Market Battles Disruptions Due to Bottlenecks
After a once-in-a-lifetime deadly pandemic, the world’s supply chains are realizing a new normal as industries meet the challenge of rebuilding and managing them in a post-recovery era.