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, Fuel, Logistics

Dry Panama Risks Driving Large Oil Tankers Away From Canal

Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by thousands of miles, a shipping researcher said.

November 6, 2023
Business, Technology, Autonomous

Chinese Electric Truck Maker Windrose Will Seek US IPO in 2024

Chinese electric truck maker Windrose Technology has started preparatory work for an initial public offering in the U.S. next year as it plans the commercial rollout of its first vehicle.

November 6, 2023
Government, Business, Logistics, Global Freight, Top 50

Air and Ocean Freight Deal With Fluctuating Volumes in 2022

2022 saw an eastern shift in container shipping within the United States, while airfreight volumes dipped across North America.

November 3, 2023
Government, Business, Technology, Logistics, Global Freight

Port Authorities Look to Make the Right Adjustments

In efforts to improve the supply chain system, U.S. port operators are utilizing advancements in infrastructure and technology to accommodate bigger ships and manage more cargo.

November 3, 2023
Business, Logistics, Global Freight, Top 50

Amazon's Logistics Business Tops 2023 Global Freight List

Despite enduring a cooldown in international trade, most of the world’s largest transportation and logistics providers continued to grow their ­businesses in 2022.

November 3, 2023
Government, Business, Logistics

Work Begins on $16.1 Billion New York-New Jersey Tunnel

The $16.1 billion, long-delayed, once-canceled effort to build a new rail tunnel linking New York and New Jersey is officially starting construction after more than a decade of false starts.

November 3, 2023
Government, Business, Technology, Logistics

AI, COVID Created a New Normal for the Supply Chain

HOUSTON — A supply chain expert said the arrival of open-source artificial intelligence just as the global economy was emerging from the pandemic created turbulent economic conditions.

November 3, 2023
Government, Business

Job Growth Slows in October, but Still Sturdy at 150,000

WASHINGTON — The nation’s employers slowed their hiring in October, adding a modest but still decent 150,000 jobs, a sign that the labor market may be cooling but remains resilient.

November 3, 2023
Government, Business, Logistics

Biden Administration Awards $653 Million to Upgrade Ports

WASHINGTON — The Transportation Department on Nov. 3 awarded $653 million in grants to upgrade and improve 41 water-based ports across the United States.

November 3, 2023
Business, Equipment

UAW Members at Michigan Ford Plant Approve New Contract

DETROIT — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.

November 3, 2023