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, Equipment, Fuel, Logistics, For-Hire, Private

Navistar Launches Integrated Powertrain

Truck maker Navistar announced Feb. 26 it has made the first deliveries of its International LT Series equipped with the International S13 Integrated Powertrain.

Dan Ronan | Senior Reporter
February 29, 2024
Business

Trucking Q4 Earnings Show Continued Sluggish Market

Fourth-quarter financial results from within the trucking industry showed carriers continue to navigate a sluggish market with little signs of a turnaround, according to analysts.

Connor D. Wolf | Staff Reporter
February 29, 2024
Government, Business, Equipment, Safety

Four Massachusetts Troopers Indicted in CDL Fraud Case

A 74-count federal indictment was filed against four Massachusetts State Police officers and two others in connection with a commercial driver license fraud scheme. 

Eric Miller | Senior Reporter
February 29, 2024
Business, For-Hire

J.B. Hunt to Promote Shelley Simpson to CEO Post

J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.

Keiron Greenhalgh | Staff Reporter
February 29, 2024
Business, Equipment, Logistics

Spot Market Remains Suppressed Amid Stubborn Capacity

The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished — albeit at a slower rate than the decline in overall freight demand.

Connor D. Wolf | Staff Reporter
February 29, 2024
Government, Business, Technology, Equipment

Stakeholders Help Defeat Washington State Truck Idling Bill

Trucking stakeholders in Washington state helped defeat a Senate bill that aimed to institute stringent truck-idling provisions modeled after California emission regulations.

Noël Fletcher | Staff Reporter
February 29, 2024
Business, Logistics, TCA

Could Free Shipping Be Coming to an End for Online Shoppers?

A Google search for “end of free shipping” churns out dozens of media and trade group reports. This time, however, consumer concerns may be warranted.

February 29, 2024
Business, Technology, Equipment

Volvo Promises Less Downtime Via VNL Communications Options

Volvo Trucks North America provided a deeper dive into the communications enhancements the truck maker’s redesigned VNL Class 8 tractor offers, including options to reduce downtime.

Keiron Greenhalgh | Staff Reporter
February 29, 2024
Business, Logistics, For-Hire

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

Connor D. Wolf | Staff Reporter
February 29, 2024
Business, Equipment

Used Truck Sales in January Rise 17% From Prior Year

Used Class 8 truck sales in January increased 17.3% compared with the same period the prior year, ACT Research reported.

Connor D. Wolf | Staff Reporter
February 29, 2024