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, Logistics

Movers Still Have Questions After Meeting With Military

NEW ORLEANS — Moving companies looking for answers from military leaders about a controversial $20 billion contract to move military families were left wanting more.

Eric Miller | Senior Reporter
March 14, 2024
Business, Equipment

Peterbilt Introduces 72-Inch Low-Roof Sleeper Option for 589

Peterbilt Motors Co. unveiled a 72-inch low-roof sleeper configuration for its Model 589 tractor on March 8.

Keiron Greenhalgh | Staff Reporter
March 13, 2024
Business, Equipment

Cummins’ $1.5 Billion Atmus Exchange Offer Attracts Traders

Cummins Inc. plans to distribute its remaining stakes in Atmus Filtration Technologies about a year after carving out the unit in an initial public offering.

Vigin Shen | Bloomberg News
March 13, 2024
Business, Logistics, TCA

New England Logistics Firm Opens Another Dallas-Area Site

Barrett Distribution Centers has added a second fulfillment center to its Dallas-area footprint with a new Forney facility.

March 13, 2024
Business, Autonomous

Update: Navistar Partners With Plus on Hub-to-Hub Autonomous Trucks

Truck maker Navistar Inc. has partnered with Plus, a developer of automated driving technology, to pave the way for hub-to-hub autonomous Class 8 trucks.

March 13, 2024
Business, Logistics, Private, TCA

Walmart Launches Express On-Demand Early-Morning Delivery

Walmart has launched an early delivery service it says will get products to your door on demand in as little as 30 minutes, starting at 6 a.m.

Robert Higgs | cleveland.com
March 13, 2024
Business, Equipment

Medium-Duty Sales Hit Fourth Month of Gains in February

U.S. retail sales for medium-duty trucks increased 13.5% year-over-year in February, marking a fourth consecutive month of positive gains, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
March 13, 2024
Business, Equipment, Breaking News

Class 8 Truck Sales Continue Downward Trend in February

U.S. Class 8 retail sales in February continued a trend of year-over-year declines, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
March 13, 2024
Government, Business, Safety, Logistics

Buttigieg Takes Railroads to Task on Safety

OMAHA, Neb. — Transportation Secretary Pete Buttigieg has reiterated his concerns about railroad safety and scolded the industry for not doing more to improve.

Josh Funk | Associated Press
March 13, 2024
Government, Business

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders.

March 13, 2024