Trucking Business News

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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.

GovernmentBusinessTechnologyLogisticsGlobal FreightTop 50

Looking Up: Airfreight Demand Takes Off in 2024

Demand for global air cargo traffic continues to increase amid ­e-commerce growth and ocean shipping constraints, driving prices higher as carriers and airports seek new efficiencies to maximize capacity.

November 1, 2024
BusinessLogistics

ArcBest 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, 2024
BusinessFuel

Exxon Mobil Profit Tops Q3 Expectations

Exxon Mobil’s third-quarter profit beat analysts’ expectations, as the oil and gas giant was helped by contributions from Pioneer Natural Resources, a recent acquisition.

November 1, 2024
GovernmentBusiness

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

WASHINGTON — America’s 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
GovernmentBusinessSafetyLogisticsTCA

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
GovernmentBusinessLogistics

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’s busiest port, a business group said.

November 1, 2024
BusinessLogisticsGlobal FreightTop 100Top 50

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

“As we get into the holiday season, we’re excited about what we have in store for customers,” CEO Andy Jassy said in a statement.

October 31, 2024
BusinessTechnologyEquipmentAutonomous

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
BusinessTechnologySafety

Werner’s Mahon Details Aggressive Approach to Cybersecurity

CLEVELAND — 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
BusinessEquipment

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