A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.
November 1, 2024Trucking 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.
Looking Up: Airfreight Demand Takes Off in 2024
Demand for global air cargo traffic continues to increase amid 颅e-commerce growth and ocean shipping constraints, driving prices higher as carriers and airports seek new efficiencies to maximize capacity.
November 1, 2024About Us: Transport Topics Top 50 Global Freight Companies
The Transport Topics Top 50 Global Freight Companies is a listing of the largest package, truck, rail, air and ocean carriers in the world.
November 1, 2024ArcBest Reports 187% Rise in Earnings for Third Quarter
ArcBest Corp. experienced a 187% increase in earnings despite a decline in revenue during the third quarter of 2024, the company reported Nov. 1.
November 1, 2024Exxon Mobil Profit Tops Q3 Expectations
Exxon Mobil鈥檚 third-quarter profit beat analysts鈥 expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition.
November 1, 2024Storms 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, 2024Colorado 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, 2024Port 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, 2024Amazon 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, 2024Waymo 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, 2024Trending
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