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.

GovernmentBusinessPrivate

Kroger Plans Minimum 7-Tranche Bond Sale for Albertsons Deal

Kroger is poised to sell investment-grade bonds in at least seven parts to help fund its proposed acquisition of Albertsons as antitrust scrutiny continues to hang over the plan.

August 19, 2024
BusinessFuel

7-Eleven Owner Gets Takeover Bid From Canada’s Couche-Tard

The owner of 7-Eleven convenience stores and other retail chains has received a buyout offer from Canada’s Alimentation Couche-Tard.

August 19, 2024
BusinessLogistics

Port Traffic Booms Despite Recession Fears

The busiest port complex in the U.S. is churning through import volumes near the highs set during the pandemic despite worries about a cooling economy.

August 19, 2024
BusinessTechnologyEquipmentFuelAutonomous

GM to Cut More Than 1,000 Software Engineers, Mostly in US

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.

August 19, 2024
BusinessEquipmentSafety

2024 NTDC Photo Gallery

Photos from the 2024 National Truck Driving Championships and Step Van Championships at Indiana Convention Center in Indianapolis on Aug. 21-24.

August 19, 2024
GovernmentBusinessLogistics

Canadian National Issues Lockout Notice to Railway Teamsters

Canadian National Railway Co. issued a formal notice Aug. 18 that union-affiliated workers will be locked out in the coming days if a labor agreement is not reached.

August 19, 2024
BusinessEquipmentSafety

Hobie Eirich Takes Tennessee Gold

FedEx Freight 4-axle driver Hobie Eirich in May added a state grand champion title for Tennessee to the one he claimed in California six years ago. 

August 18, 2024
BusinessEquipmentSafety

Matthew Boenisch's Trucking Tournament Ascension

FedEx Freight flatbed driver Matthew Boenisch from Wisconsin has made a quick rise to the NTDC arena. He'll be in Indianapolis for his second go-around on the national stage. 

August 18, 2024
BusinessEquipmentPrivateTop 100

Walmart Overtakes PepsiCo on Top 100 Private Carriers List

Walmart Inc.’s initiatives to strengthen its in-house trucking operations have elevated it to No. 1 on this year’s updated Transport Topics Top 100 Private Carriers list.

August 16, 2024
BusinessEquipmentLogisticsPrivateTop 100

Private Carrier Sector Rankings Reflect Fleet Growth

Although freight market conditions have been favorable to shippers for the past two years, many of the largest private carriers in North America operate larger fleets now than in years past.

August 16, 2024