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.

BusinessTechnologyEquipment

Watch the Replay: RETOOL, a Technology and Maintenance Event

Transport Topics hosted a special two-day virtual event, RETOOL, taking deep dives into the most important topics and trends within the trucking industry’s equipment and technology spheres. Watch the replay.

August 4, 2021
BusinessFuel

TravelCenters of America Lifts Results With Operating Improvements

TravelCenters of America Inc. reported gains in net income and revenue in the second quarter as a result of operating improvements across nearly all business lines.

August 4, 2021
GovernmentBusinessSafety

Senators Try to Sell $1 Trillion Infrastructure Plan to Public

WASHINGTON — The senators who spent months stitching together a nearly $1 trillion infrastructure package are now trying to sell it to the American people before a key vote expected this week that would push a long recognized national priority much closer to the finish line, after years of talk.

August 4, 2021
BusinessEquipment

Despite Chip Shortage, GM Posts $2.8 Billion Profit

DETROIT — Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.

August 4, 2021
BusinessTechnologyEquipment

Nikola's Financial Loss Widens in Second Quarter

Nikola Corp. posted a widening second-quarter financial loss as the electric vehicle startup said it is moving forward despite financial setbacks and the federal indictment of its former leader.

August 3, 2021
GovernmentBusinessSafetyTCA

Buttigieg Has Final Say Over $105 Billion in Infrastructure Grants

WASHINGTON — At least $274 billion of the bipartisan Senate infrastructure bill’s $550 billion in new spending would go toward transportation — and it also would give Transportation Secretary Pete Buttigieg the final say over about $105 billion of that $274 billion, according to one transportation analyst.

August 3, 2021
BusinessEquipment

Cummins Posts Strong Q2 Results

Cummins Inc. reported second-quarter net income and revenue soared, powered by North American engine sales. At the same time, the company announced it was exploring what it called “strategic alternatives” for its filtration business unit.

August 3, 2021
BusinessEquipmentTop 100

Daseke Reports Higher Profit, Revenue for Q2

Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.

August 3, 2021
GovernmentBusiness

Former Roadrunner Executive Convicted in Financial Case

A federal jury has convicted the former chief financial officer of Roadrunner Transportation Systems Inc. on four counts of violating federal securities laws for his role in a complex securities and accounting fraud.

August 3, 2021
BusinessTechnologyEquipment

Isaac Instruments Selects Mike Stapleton for VP Position

Isaac Instruments announced July 26 that Mike Stapleton has been appointed to serve as vice president of industry relations.

August 3, 2021