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

Pricey Lumber Is Back, Due to Supply Cuts, Labor Shortage

High lumber prices are back, even as the industry steps into what is normally a seasonal lull.

October 26, 2021
Government, Business, Safety

Trucking ‘Frontline Heroes’ Honored

NASHVILLE, Tenn. — The contributions from two truckers to communities affected by natural disasters were recognized at American Trucking Associations’ annual conference.

Eugene Mulero | Senior Reporter
October 26, 2021
Business, Technology

Dana Reports Higher Q3 Income, Revenue

Dana Inc. reported increased net income and revenue for the third quarter, citing strong customer demand in its heavy-vehicle markets.

Roger Gilroy | Senior Reporter
October 26, 2021
Business, Technology

Chip Lead Times Begin to Improve

Delivery times for chips in October posted their smallest gain in about nine months, signaling that the shortages that have punished a broad swath of industries may finally be easing.

Ian King | Bloomberg News
October 26, 2021
Business, Safety, Logistics, Top 100

ATA Recognizes Trucking Industry Works With Awards Luncheon

NASHVILLE, Tenn. — American Trucking Associations’ Management Conference & Exhibition presented Robert Low, president and founder of Prime Inc., with the 2021 Cathy Evans Highway to Victory award.

Connor D. Wolf | Staff Reporter
October 26, 2021
Business, Safety

Video: Meet Trucking's Frontline Heroes for 2021

Meet truckers Cully Frisard and Gene Woolsey, Transport Topics' Trucking's Frontline Heroes for 2021. 

October 26, 2021
Government, Business, Technology, Safety

IG Audit: FMCSA Systems Vulnerable to Hacking, Malware

A new Department of Transportation Inspector General audit concludes that the Federal Motor Carrier Safety Administration’s information technology infrastructure is fraught with security weaknesses that are at risk for compromise by hackers and the placement of malware.

Eric Miller | Senior Reporter
October 26, 2021
Business, Technology, Fuel

Navistar, In-Charge Energy Focus on Carbon Neutral Electricity

Navistar and In-Charge Energy announced their partnership can now power electric vehicle fleet customers with carbon neutral electricity through their EV charging infrastructure.

October 26, 2021
Government, Business, Safety, Logistics

Ports of L.A., Long Beach to Fine Firms Over Container Backlog

In an effort to clear the growing backlog of containers, the ports of Los Angeles and Long Beach are charging shippers a container storage surcharge that port officials say will increase based on the number of days a unit sits in one of the facilities.

Dan Ronan | Senior Reporter
October 26, 2021
Business, Equipment, Logistics

No Quick Fix in Sight to Move Freight, Panelists Say

NASHVILLE, Tenn. — Fixing the severely kinked supply chain will take well into 2022, panelists said at American Trucking Associations' Management Conference & Exhibition.

Dan Ronan | Senior Reporter
October 26, 2021