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, Equipment

October Class 8 Orders Near 22,000

North American Class 8 orders in October nearly hit 22,000, according to ACT Research.

Roger Gilroy | Senior Reporter
November 4, 2021
Business, Technology, Equipment, Logistics, Autonomous, Top 100

UPS, TuSimple Expand Partnership

UPS and TuSimple plan to expand their relationship by adding routes where TuSimple will move cargo in autonomous Class 8 trucks in the southeastern and western U.S.

Dan Ronan | Senior Reporter
November 4, 2021
Business

US-Canada Trade Spat on Trees Adds to Lumber Swings

As if things weren’t volatile enough in the lumber market, a Canada-U.S. trade tussle will make things worse.

Jen Skerritt | Bloomberg News
November 4, 2021
Government, Business, Technology, Safety

Truckers Exempt From Vaccine Mandate, Labor Secretary Says

Truck drivers traveling alone in their cabs are exempt from a new interim final rule mandating that employees for large private companies get COVID-19 vaccinations, according to a statement by U.S. Labor Secretary Marty Walsh.

Eric Miller | Senior Reporter
November 4, 2021
Government, Business, Fuel

OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase

OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.

November 4, 2021
Business, Logistics

The Economic Impact of Supply Chain Disruptions

While some ports have announced a move to 24/7 operations, supply chain disruptions are expected to persist through 2022 and - with holiday season around the corner - what does this mean for the nation's retailers?

November 4, 2021
Business, Equipment

LTL Carrier Yellow Returns to Profitability in Q3

Yellow Corp. reported improved year-over-year third-quarter earnings Nov. 3, showing an increase in revenue and net income as the Overland Park, Kan., less-than-truckload carrier turned a profit in the three months ending Sept. 30.

Dan Ronan | Senior Reporter
November 4, 2021
Government, Business

US Productivity Falls Most Since 1981

Productivity in the U.S. fell by the most since 1981 in the third quarter, reflecting a sharp pullback in economic growth and an increase in hours worked.

Reade Pickert | Bloomberg News
November 4, 2021
Business

Ford to Cut Debt Costs by Retiring ‘COVID Bonds’

Ford Motor Co. is aiming to cut its borrowing costs by more than half as it repurchases $5 billion in junk-rated debt and seeks to set a path to return to an investment-grade credit rating.

November 4, 2021
Business, Logistics

Supply Chain Delays Disrupt California Agriculture Exports

Amid an historic drought posing threats to future harvests, California farmers now say they have no way to export the crops they do have because of a kink in the global supply chain that has left containerships lined up off the Southern California coast with nowhere to deliver their goods.

Adam Beam | Associated Press
November 4, 2021