Trucking Business News

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.

BusinessTechnologyEquipment

Google to Work With Ford on Detroit Research Hub

DETROIT — Ford Motor Co. announced Feb. 4 that Google is joining the automaker’s effort to transform a once-dilapidated Detroit train station into a research hub focused on electric and self-driving vehicles.

February 4, 2022
Business

Schneider Reports 74% Earnings Increase for Q4

Schneider National saw a 74% year-over-year increase in net income for the fourth quarter of 2021, the company reported Feb. 3.

February 3, 2022
Business

Werner Enterprises Reports $765M Revenue for Q4

Werner Enterprises experienced revenue and earnings growth during the fourth quarter of 2021, the company reported Feb. 3.

February 3, 2022
Business

USA Truck Reports Q4 Growth

USA Truck's revenue and earnings increased during the fourth quarter year-over-year, the company reported Feb. 3.

February 3, 2022
Business

Ford Profit Falls Short of Estimates Despite Rising Car Prices

Ford Motor Co. reported fourth-quarter earnings that missed analysts’ estimates despite a surge in prices for its vehicles, and warned of higher commodity costs in the year ahead.

February 3, 2022
BusinessEquipment

January Class 8 Orders Plummet Compared With 2021

Class 8 orders in January plunged compared with a year earlier to just above 21,000, ACT Research reported.

February 3, 2022
BusinessTechnologyEquipment

Cummins Q4 Net Income Falls, Revenue Flat

Cummins Inc. reported a decline in fourth-quarter net income on flat revenue as supply chain constraints continued to present headwinds.

February 3, 2022
BusinessEquipment

Utility Adds Dealership to Network

Utility Trailer Manufacturing Co. announced Double A Utility Trailers, a dealership located in northwestern Ohio, is now part of Utility’s dealer network.

February 3, 2022
BusinessEquipmentLogisticsTop 100

Yellow Reports Mixed Q4, 2021 Results

Less-than-truckload carrier Yellow Corp. reported mixed year-over-year fourth-quarter and full year earnings.

February 3, 2022
GovernmentBusinessTechnology

House Debates Supply Chain Semiconductor Bill

Democratic leaders in the U.S. House of Representatives signaled the likelihood of advancing legislation meant to enhance supply chain connectivity.

February 3, 2022