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, Logistics, Top 50

Ports See Huge Volume Swings in 2020

Amid these dramatic swings in demand, ports have continued to pursue infrastructure improvement projects.

November 13, 2020
Business, Logistics, Top 50

North America’s Busiest Cargo Airports

While it remains to be seen how the pandemic might shift air freight patterns over the long term, this listing of the 100 busiest cargo airports in North America provides an overview of the most important hubs for air freight.

November 13, 2020
Government, Business, Top 50

USMCA Bodes Well for Cross-Border Freight

Both the improved trade activ­ity and a promising future for the USMCA are favorable developments for trucking because 80% of cross-border trade moves via truck.

Rip Watson | Special to Transport Topics
November 13, 2020
Business, Top 50

Global Trade Recovering Amid Pandemic

Freight carriers across the world experienced dramatic market shifts and volume swings in 2020.

Rip Watson | Special to Transport Topics
November 13, 2020
Business, Technology, Logistics

UPS, FedEx Face Stress Test From Amazon’s ‘Christmas Creep’

FedEx Corp. and UPS Inc. are girding for their biggest test yet in the e-commerce era, with “Christmas Creep” pushing the holiday shopping season ever earlier and stretching the limits of shipping networks already strained by the COVID-19 pandemic.

Thomas Black | Bloomberg News
November 13, 2020
Business

Kristy Knichel, Jodie Teuton Tie for Women In Trucking Award

Kristy Knichel, CEO of Knichel Logistics, and Jodie Teuton, vice president of Kenworth of Louisiana, won the Women In Trucking Association’s Influential Woman in Trucking award, marking the first time the contest resulted in a tie.

Eleanor Lamb | Staff Reporter
November 13, 2020
Government, Business, Technology, Fuel

EV Optimism Surges on Prospect of Biden Administration

Electric vehicle startups extended their winning streak on Nov. 13, buoyed by strong earnings results from some of their peers and Joe Biden’s projected presidential win.

Esha Dey | Bloomberg News
November 13, 2020
Business, Technology, Fuel

Ford May Build Batteries to Power New Wave of EV Models

Ford Motor Co. is considering building the batteries to power a fleet of new electric vehicles as it prepares to cut back production of engines for its traditional gasoline-powered models.

Keith Naughton | Bloomberg News
November 13, 2020
Business, Logistics, Top 100

KAG Completes Acquisition of Fort Transfer Co.

The Kenan Advantage Group Inc. announced it completed the acquisition of Fort Transfer Co. in Morton, Ill.

November 13, 2020
Business, Technology, Equipment

Meritor Announces CEO Succession Plan

Meritor Inc. announced Jay Craig, CEO and president, will transition to the role of executive chairman of the board of directors on Feb. 28, 2021. Chris Villavarayan, executive vice president and chief operating officer, will succeed him in both roles, and will join the board.

Roger Gilroy | Senior Reporter
November 13, 2020