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

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, 2021
Business, Fuel, Logistics

Airports 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, 2021
Business, Logistics, Top 100

Ryder 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.

Jordyn Holman | Bloomberg News
July 26, 2021
Business, Logistics, Top 100

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, 2021
Business, Technology, Autonomous

Magna 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.

July 23, 2021
Business, Logistics, Top 100

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.

Connor D. Wolf | Staff Reporter
July 23, 2021
Business, Technology, Equipment

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, 2021
Business, Technology, Equipment

Introducing 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.

Michael Freeze | Features Editor
July 23, 2021
Business, Technology, Equipment

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.

Mindy Long | Special to Transport Topics
July 23, 2021
Business, Technology, Equipment

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.

Roger Gilroy | Senior Reporter
July 23, 2021