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.
ATRI's Dan Murray Wins J.R. 'Bob' Halladay Award
The Trucking Association Executives Council honored American Transportation Research Institute Senior Vice President Dan Murray with the prestigious J.R. “Bob” Halladay Award.
July 26, 2021Airports in West Deal With Shortage of Jet Fuel
A shortage of jet fuel, coupled with supply chain issues and an urgent demand from firefighting aircraft, continues to cause problems at airports around the West.
July 26, 2021Ryder Teams With Bed, Bath & Beyond on Distribution Centers
Bed Bath & Beyond Inc. will partner with logistics specialist Ryder System Inc. to develop two distribution centers in Pennsylvania and California.
Forward Air to Offer LTL Service in Vancouver
Forward Air Corp. will expand its expedited less-than-truckload service in Vancouver, British Columbia, the company announced July 20.
July 23, 2021Magna Acquires Driver-Assist Supplier Veoneer
Magna International Inc. will acquire Veoneer Inc. for $3.8 billion in cash, bolstering its business supplying advanced driver-assistance systems to automakers.
U.S. Xpress Reports $475 Million Revenue for Q2
U.S. Xpress Enterprises posted gains in earnings and revenue growth during the second quarter, the company reported.
XL Fleet, eNow Partner on Refrigerated Trailers
XL Fleet Corp. announced an agreement and an investment in eNow Inc., a provider of solar and battery power systems that enable fully electric transport refrigeration units for commercial vehicle trailers.
July 23, 2021Introducing Calibrate, Our New Publication
The trucking industry is in a constant cycle of change, but it’s not so much a change as it is a calibration, an adjustment. So too it is in publishing. The Transport Topics quarterly Equipment & Maintenance Update is now Calibrate.
Fleets, OEMs Invest in Seat Technology to Improve Driver Comfort, Safety
Since truck drivers spend so much of their professional lives sitting behind the steering wheel, the driver’s seat is a crucial part of the vehicle spec.
Daimler Posts Q2 Earnings, Revenue Surge Despite Headwinds
Daimler AG reported higher earnings and revenue as it sold 736,385 passenger cars and commercial vehicles in the second quarter, up 36% compared with 541,833 a year earlier. Truck sales alone jumped by an even higher percentage.