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.

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
BusinessLogistics

Maersk Ratchets Up Profit Guidance After Freight Rates Soar

A.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods.

August 3, 2021
BusinessEquipment

Stellantis Pumps Up Profitability Forecast in Earnings Debut

Stellantis NV raised its full-year profitability outlook substantially as strong demand and pricing carried the carmaker to much better-than-expected results for the first half.

August 3, 2021
Business

DHL to Add Electric Planes to Fleet

The race toward zero-emission logistics chains is expanding from the road to the skies.

August 3, 2021
BusinessSafety

Amazon Union Election Should Be Re-Run, US Labor Official Says

A federal official has recommended overturning the results of a union election at an Amazon.com Inc. warehouse in Alabama, giving the retail union an opportunity to reverse its defeat, according to people familiar with the matter.

August 3, 2021
BusinessTechnologyEquipment

ZF Taps Wilhelm Rehm to Lead Forthcoming CV Unit

ZF Friedrichshafen AG announced it appointed Wilhelm Rehm to head its forthcoming new commercial vehicle solutions division as it pursues what the company called its ambitious commercial vehicle growth strategy worldwide.

August 2, 2021
BusinessTechnologyEquipment

Dana Posts Solid Financials in Second Quarter

Dana Inc. reported large gains in second-quarter net income and revenue as strong customer demand for its products continued.

August 2, 2021