Trucking Business News

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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.

BusinessTechnologyEquipmentTop 100

Ryder Reports Strong Q3, Beats Expectations

Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts’ expectations.

October 27, 2021
BusinessLogisticsTop 100

Old Dominion Posts Record Quarterly Profits, Revenue

Old Dominion Freight Line posted large third-quarter increases in profits and revenue as it took advantage of tight freight capacity and focused on transitioning to more profitable accounts.

October 27, 2021
BusinessTechnologyLogisticsTop 50

C.H. Robinson Posts Large Q3 Profit, Revenue Gains

C.H. Robinson Worldwide posted third-quarter gains in profit and revenue as it benefited from tight freight capacity.

October 27, 2021
BusinessTechnologyEquipment

TMC, eSMARTT to Study Technology in Refrigerated Sector

American Trucking Associations’ Technology & Maintenance Council announced the start of a study with eSMARTT on the use and adoption of intelligence products and services in the refrigerated transportation sector.

October 27, 2021
Business

Daimler Trucks to Report Regional Profit in Savings Goal Chase

Daimler AG’s truck unit plans to ring in life as an independent company by delivering on savings targets and disclosing regional earnings in a bid to put to bed criticism it’s lagging the returns of rivals.

October 27, 2021
GovernmentBusinessTechnologyEquipmentSafetyFuel

Where Trucking Stands on Environmental Sustainability

NASHVILLE, Tenn. — Sustainability in the trucking industry can be viewed from different angles, according to a panel at American Trucking Associations’ Management Conference & Exhibition on Oct. 25.

October 27, 2021
BusinessFuel

GM Beats Estimates, Sees 2021 Profit at ā€˜High End’ of Guidance

General Motors Co. beat analysts’ consensus estimate for the latest quarter thanks to strong performance from its financial unit and a one-time gain, and said full-year results would come in at the ā€œhigh endā€ of its previous guidance.

October 27, 2021
Business

Harold Sumerford Jr. Tirelessly Advocates for Industry

For much of Harold Sumerford Jr.’s adult life, he has risen at 4:30 each morning and worked 11 hours a day, six days a week. But it’s never felt like the daily grind for American Trucking Associations' new chairman.

October 27, 2021
BusinessTechnologyFuelAutonomous

Hertz Teams With Uber, Carvana in Electric Shift

Hertz Global Holdings Inc., fresh off a blockbuster order for 100,000 Teslas, reached an exclusive agreement to supply Uber drivers with electric vehicles and signed up Carvana Co. to dispose of rental cars it no longer wants.

October 27, 2021
BusinessTechnologyEquipmentSafetyAutonomousTop 100

Current Driver-Assist Tech Effective, Experts Say

NASHVILLE, Tenn. — Driver-assist technologies that are already widely available on the commercial truck market have demonstrated that they can prevent crashes, save lives and reduce litigation-related costs, a group of industry experts said.

October 27, 2021