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.

BusinessTop 100

Saia Reports Q2 Profit, Revenue Increases

Saia Inc. reported large second-quarter increases in profit and revenue, helped by improved operating efficiency and the economic rebound from the COVID-19 recession.

July 29, 2021
Business

Norfolk Southern Posts Increase in Earnings, Revenue for Q2

Norfolk Southern Corp. saw increases in profit and revenue in the second quarter, the Class I railroad reported July 28.

July 29, 2021
GovernmentBusiness

Senate Infrastructure Plan Receives Bipartisan Backing

A vote in the U.S. Senate to launch debate on a comprehensive infrastructure bill and the passage of fiscal 2022 transportation funding in the House of Representatives coalesced to create an unofficial “infrastructure week” spearheaded by congressional funding proponents and the Biden White House.

July 29, 2021
BusinessLogisticsTop 50

C.H. Robinson Reports Q2 Earnings, Revenue Spikes

C.H. Robinson saw a 34.6% increase in net income during the second quarter, the company reported July 27.

July 29, 2021
BusinessTechnologyEquipmentFuelAutonomous

Nikola Founder Trevor Milton Charged With Misleading Investors

NEW YORK — Trevor Milton, the founder and one-time executive chair of Nikola Corp., surrendered July 29 in New York to face charges alleging he lied about the electric and hydrogen-powered truck startup, duping some financially struggling novice investors looking for income during the pandemic.

July 29, 2021
GovernmentBusinessFuelTCA

Pennsylvania Truckers Object to Proposed Doubling of Registration Fee

Pennsylvania’s transportation funding panel has proposed gas-tax alternative options that include a doubling of vehicle registration fees, which a state trucking leader said would lead to interstate trucking companies registering their trucks in other states.

July 29, 2021
Business

Help Win the War on Talent: How to Fine Tune Your Driver Screening

Program Aired: July 29, 2021. 2020 upended driver talent management. First Advantage experts will present the insights uncovered from their review of 75 million screens across all industries and discuss strategies that drove success particularly for transportation background screening and drug testing—the ordering trends, the compliance considerations, and the drug testing approaches.

July 29, 2021
BusinessEquipmentLogisticsTop 100

Ryder Reports Year-Over-Year Turnaround for Q2

Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28.

July 29, 2021
BusinessLogisticsTCA

Memphis I-40 Bridge Set to Reopen

The Interstate 40 Hernando de Soto bridge, a major trucking corridor that runs over the Mississippi River and connects Memphis, Tenn., with Arkansas, will start reopening the week of Aug. 2 after being closed since May 11.

July 29, 2021
BusinessLogisticsTop 50Top 100

Schneider Reports Large Rise in Q2 Earnings

Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter.

July 29, 2021