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.

Government, Business

Storms and Strikes Hold New Jobs to Just 12,000 in October

WASHINGTON 鈥 America鈥檚 employers added just 12,000 jobs in October, a total economists say was held down by the effects of strikes and hurricanes that left many temporarily off payrolls.

November 1, 2024
Government, Business, Safety, Logistics, TCA

Colorado Awarded $66M in Federal Funding for Rail Safety

Colorado has been awarded $66.4 million in grant funding to improve the safety of the Burlington Northern Santa Fe rail line north of Denver.

November 1, 2024
Government, Business, Logistics

Port of Vancouver Braces for Strike Set for Nov. 4

Dock foremen and women in British Columbia issued a strike notice for Nov. 4, setting up a complete shutdown of Canada鈥檚 busiest port, a business group said.

November 1, 2024
Business, Logistics, Global Freight, Top 100, Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

鈥淎s we get into the holiday season, we鈥檙e excited about what we have in store for customers,鈥 CEO Andy Jassy said in a statement.

October 31, 2024
Business, Technology, Equipment, Autonomous

Waymo Valued Over $45B After Latest Funding Round

The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.

October 31, 2024
Business, Technology, Safety

Werner鈥檚 Mahon Details Aggressive Approach to Cybersecurity

CLEVELAND 鈥 Werner Enterprises cybersecurity lead Daragh Mahon detailed his aggressive and innovative approach to protecting the company's assets during the NMFTA Cybersecurity Conference on Oct. 29.

October 31, 2024
Business, Equipment

Truckload Turnaround, Pre-Buy to Boost 2025 Sales, OEMs Say

Truck makers are becoming more optimistic about the prospects for 2025 Class 8 purchases.

October 31, 2024
Business, Technology

60 Seconds: Volvo & Daimler Team Up For New Truck OS Platform

The software platform will enable Daimler Truck, Volvo Group and potential customers of the joint venture to offer independent and digital vehicle functions for their products, the companies said. Customers will be able to add and update digital applications remotely, potentially reducing downtime and simplifying maintenance.聽 聽

October 31, 2024
Business, Technology, Safety, Autonomous

Plus Ramps Up Autonomous Truck Testing in Texas, Sweden

Automated driving technology company Plus has been ramping up on-road testing of autonomous heavy-duty trucks in the United States and Europe in cooperation with Traton Group.

October 31, 2024
Business, Equipment

Stellantis Revenue Falls 27% in Q3

Stellantis NV鈥檚 third-quarter revenues slumped 27% as the automaker shipped fewer cars from factories in most of its major markets.

October 31, 2024