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.
Bridgestone Reports Earnings Loss on Revenue Gain
Bridgestone Corp. experienced an increase in revenue but a decline in earnings during the second quarter of 2024, the company reported Aug. 9.
Oil Refiners in US Slow Down, Stoking Global Glut Worries
Some of the top U.S. oil refiners are throttling back operations at their facilities this quarter, adding to concerns that a global glut of crude is forming.
Road to NTDC Spotlight: Gragg Wilson
This year's NTDC field won't include 2023 grand champion Gragg Wilson, but the UPS driver from Nevada still has advice for the current crop of competitors.
Navigating Rising Trucking Costs
As known too well, there has been nowhere for trucking companies to hide from the rising costs of everything from maintenance to insurance.
Road to NTDC Spotlight: Ina Daly
XPO driver Ina Daly's road to success has been paved with precision, passion and perseverance for more than three decades.
7-Eleven Targets 500 Locations for Diesel Network Expansion
7-Eleven announced a major expansion to its diesel refueling network Aug. 8, aiming to increase the number of locations available to professional drivers.
August 9, 2024Stellantis to Cut Up to 2,450 Jobs at Michigan Truck Plant
Stellantis NV, the owner of the Jeep and Ram brands, plans to eliminate as many as 2,450 hourly positions at a pickup truck factory located near Detroit.
Texas Opens Two I-10 Rest Areas With Parking for 116 Trucks
The Texas Department of Transportation has replaced a pair of rest areas near Van Horn on I-10 that boast two of its largest commercial vehicle parking areas to accommodate 116 trucks.
Nikola Reports Q2 Shortfall but FCEV Sales Grow
Nikola Corp. reported a 103% revenue increase but wider losses in the second quarter as electric vehicle sales gained momentum, the company announced Aug. 9.
GM Names New Chiefs for North America, Global Buick, GMC
General Motors Co. on Aug. 9 announced a series of leadership changes, including new heads for North America and of the Buick and GMC brands globally.