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.
UPS Reports Strong Third-Quarter Gains
UPS Inc.’s strategy to focus on more profitable segments of the shipping business paid off in the third quarter as its revenue per item shipped rose 13% and earnings climbed.
Bon Jovi Rocks Trucking Execs at Freightliner Customer Event
NASHVILLE, Tenn. — Iconic rock band Bon Jovi was the surprise entertainment at the Freightliner and Western Star 2021 customer appreciation event.
Tesla Becomes Lowest-Revenue Company to Hit $1 Trillion Market Value
Tesla Inc. has joined the trillion-dollar-valuation club as the member with the lowest revenue.
EPA Chief Michael Regan Touts Collaborative Approach of SmartWay Program
NASHVILLE, Tenn. — The head of the U.S. Environmental Protection Agency praised the collaborative work between the trucking industry and his department on a federal program that has helped pave the way for cutting fuel consumption and reducing the carbon footprint across the transportation landscape.
Biden Says ‘Sledgehammer’ Bridge Shows Need for Infrastructure Funding
President Joe Biden argued for his economic agenda in New Jersey on Oct. 25, pointing to a train bridge in the state that sometimes can’t be closed without the help of sledgehammers as a sign of decaying U.S. infrastructure.
ATA Celebrates Range of Trucking Leaders
NASHVILLE, Tenn. — American Trucking Associations presented its Driver of the Year Award and introduced the newest graduates of its professional leadership program Oct. 24 during its Management Conference & Exhibition.
New Challenges, Familiar Issues Combine to Increase Driver Shortage, Costello Says
NASHVILLE, Tenn. — A collection of factors new and old are combining to create conditions that have driven up the trucking industry’s driver shortage to 80,000, American Trucking Associations Chief Economist Bob Costello said.
Mack Highlights Fuel Economy, Driver-Comfort Features
NASHVILLE, Tenn. — Mack Trucks Inc. showcased its latest efforts to maximize fuel economy and enhance safety through engine refinements, improved aerodynamics and driver-assistance features at American Trucking Associations’ 2021 Management Conference & Exhibition.
Florida's Ryan Walpole Named ATA Dameo Award Winner
NASHVILLE, Tenn. — Ryan Walpole, vice president of the Florida Trucking Association, was recognized with American Trucking Associations’ 2021 Dameo Award.
ATA Recognizes Trucking Lawyer Dave Parker, State Executives
NASHVILLE, Tenn. — American Trucking Associations presented its highest honor, the S. Earl Dove Highway Award, posthumously to Dave Parker.