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.

Government, Business, Top 50, Top 100

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.

Jerry Hirsch | Contributing Writer
October 26, 2021
Business

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.

Seth Clevenger | Managing Editor, Features and Multimedia
October 26, 2021
Business, Technology, Equipment, Autonomous

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.

Esha Dey | Bloomberg News
October 26, 2021
Government, Business, Technology, Fuel

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.

Eugene Mulero | Senior Reporter
October 25, 2021
Government, Business, Safety

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.

October 25, 2021
Government, Business, Equipment, Safety, Logistics

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.

Connor D. Wolf | Staff Reporter
October 25, 2021
Business, Equipment, Logistics

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.

Joe Howard | Executive Editor
October 25, 2021
Business, Technology, Equipment

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.

Seth Clevenger | Managing Editor, Features and Multimedia
October 25, 2021
Business, Safety

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.

Connor D. Wolf | Staff Reporter
October 25, 2021
Business

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.

Connor D. Wolf | Staff Reporter
October 25, 2021