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

Mayflower Survey Shows Idaho Top Choice for Relocation

A new survey by moving company Mayflower shows the top five state destinations where the company is moving customers are Idaho, South Carolina, Oregon, Tennessee and Florida.

October 19, 2021
Business, Logistics, Breaking News

Tonnage Jumps in September

Truck tonnage increased on both a sequential and year-over-year basis in September, recording a 2021 high mark amid an environment where a shortage of drivers and trucks is keeping rigs fully loaded on most runs, American Trucking Associations reported Oct. 19.

Dan Ronan | Senior Reporter
October 19, 2021
Government, Business, TCA

Illinois Lays Out Six-Year Timeline for $1.2 Billion I-80 Reconstruction Project

Gov. J.B. Pritzker on Oct. 18 unveiled a six-year timeline for the $1.2 billion reconstruction of Interstate Highway 80 through Will County, including work on aging bridges over the Des Plaines River considered so decrepit that unions put up billboards with warnings such as “Cross bridge at your own risk” two years ago.

Dan Petrella | Chicago Tribune
October 19, 2021
Business, Logistics, Top 100, TCA

Amazon to Hire 150,000 Workers for Seasonal Jobs

Amazon .com is ramping up its operations for the holiday shopping season, announcing Oct. 18 that it’s adding 150,000 seasonal jobs across the U.S.

Alexandria Burris | The Indy Star
October 18, 2021
Business, Logistics, Top 50, Top 100

XPO Logistics Opens New LTL Hub in Chicago Area

XPO Logistics Inc. opened a new less-than-truckload service center in the Chicago area, the company announced Oct. 18.

October 18, 2021
Business, Top 100

AAA Cooper Expands in St. Louis

AAA Cooper Transportation, a subsidiary of Knight-Swift Transportation Holdings, announced it would expand its less-than-truckload capacity with the opening of a St. Louis service center this fall.

October 18, 2021
Business, Technology, Equipment

Trail King Adds Two New Dealers

Trailer manufacturer Trail King Industries announced the addition of two new dealers to its network: Frost Machines of Cody, Wyo., and US Equipment Sales & Rentals in Plainfield, Ill.

October 18, 2021
Business, Logistics

ATA’s Signature Conference Touts Workforce

American Trucking Associations’ annual Management Conference & Exhibition returns as an in-person meeting this year, providing trucking leaders with a forum to discuss pressing industry issues in a moment when moving goods efficiently across the country has never been in sharper focus.

Eugene Mulero | Senior Reporter
October 18, 2021
Government, Business, Technology, Safety, Logistics, Perspective

Perspective: Engagement Is Vital to Industry

I got to see up close just how important it is to be engaged with the association, and as I turn the wheel over, I want that to be the message I leave you with: Engagement is key in moving our agenda and industry forward.

Sherri Garner Brumbaugh | Chairman, American Trucking Associations
October 18, 2021
Business, Technology, Fuel

Tesla Shares Are Roaring Back

Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted.

October 18, 2021