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.

Business, Equipment

Volvo Reports 20% Revenue Boost for Q3, Sees Sales Dip in 2024

Volvo Group on Oct. 18 announced gains in global profit and revenue for the third quarter, but forecast that global truck sales next year will fall compared with 2023 levels.

October 19, 2023
Business, Technology, Logistics

Convoy Shuts Down After Failing to Find Buyer

Digital freight network Convoy Inc. was forced to shut its doors after no viable options to continue operations emerged, CEO Dan Lewis said in an Oct. 19 memo to employees.

October 19, 2023
Business, Logistics

Autonomous Trucks Could Create Safer Roads

Experts say technology goes beyond greater efficiency in freight transportation. Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.  

October 19, 2023
Business, Logistics

ATA Chairman Boyle Views Selection as Opportunity to Serve

Andrew Boyle, co-president of Boyle Transportation, an Andlauer Healthcare Group company, knows the commitment that comes with being named chairman of American Trucking Associations. But he views it as an opportunity to serve.   

October 19, 2023
Business, Logistics

ATRI Top Issues, Spear State of the Industry Lead MCE Agenda

American Trucking Associations’ annual Management Conference & Exhibition in Austin will showcase insight, perspective and analysis meant to boost appreciation and understanding about the industry.   

October 19, 2023
Business

How Trucking Tackles a Tough Labor Market

AUSTIN, Texas — The trucking industry is working to overcome employment obstacles amid a tightening labor market and soft economy, a panel of experts said.

October 19, 2023
Business, For-Hire

Mullen Group Reports Mixed Q3 Results

Mullen Group posted an increase in earnings despite a decline in overall revenue during the third quarter, the company reported Oct. 19.

October 19, 2023
Business

Women In Motion Sets Path to Advocate for Female Truckers

AUSTIN, Texas — The Women In Motion advocacy group of American Trucking Associations is ramping up a new membership program and crafting a booklet focused on independent contractors.

October 19, 2023
Business, Logistics, For-Hire

Marten Revenue Nears $280 Million Amid Tough Q3 Market

Marten Transport experienced a decline in revenue and earnings amid tough market conditions during the third quarter, the company reported Oct 18.

October 19, 2023
Business, Technology, Equipment, Logistics, Autonomous, For-Hire

Autonomous Trucks Could Create Safer Roads, Better Jobs

AUSTIN, Texas — Autonomous truck developers and their industry partners see opportunities for this technology to improve road safety and create more desirable jobs for drivers.

October 19, 2023