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.

GovernmentBusinessTechnology

Gnosis Freight Software Firm Expands in South Carolina

South Carolina officials announced a $438,500 expansion in Charleston County of Gnosis Freight, a supply chain and logistics software firm that is expected to create 51 jobs.

March 1, 2024
BusinessTechnologyLogisticsAutonomous

Kodiak Transports Refrigerated Freight for Martin-Brower

Kodiak Robotics’ autonomous semis are carrying loads for logistics group Martin-Brower Co. on routes between Dallas and Oklahoma City, the companies said Feb. 29.

March 1, 2024
BusinessEquipment

Daimler Reports Q4 Earnings Increase on Strong Pricing

Profits at Daimler Truck AG jumped 120% year-over-year in the fourth quarter of 2023 on strong demand plus higher prices and margins. 

March 1, 2024
BusinessEquipmentFuelLogisticsFor-HirePrivate

Navistar Launches Integrated Powertrain

Truck maker Navistar announced Feb. 26 it has made the first deliveries of its International LT Series equipped with the International S13 Integrated Powertrain.

February 29, 2024
Business

Trucking Q4 Earnings Show Continued Sluggish Market

Fourth-quarter financial results from within the trucking industry showed carriers continue to navigate a sluggish market with little signs of a turnaround, according to analysts.

February 29, 2024
GovernmentBusinessEquipmentSafety

Four Massachusetts Troopers Indicted in CDL Fraud Case

A 74-count federal indictment was filed against four Massachusetts State Police officers and two others in connection with a commercial driver license fraud scheme. 

February 29, 2024
BusinessFor-Hire

J.B. Hunt to Promote Shelley Simpson to CEO Post

J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.

February 29, 2024
BusinessEquipmentLogistics

Spot Market Remains Suppressed Amid Stubborn Capacity

The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished — albeit at a slower rate than the decline in overall freight demand.

February 29, 2024
GovernmentBusinessTechnologyEquipment

Stakeholders Help Defeat Washington State Truck Idling Bill

Trucking stakeholders in Washington state helped defeat a Senate bill that aimed to institute stringent truck-idling provisions modeled after California emission regulations.

February 29, 2024
BusinessLogisticsTCA

Could Free Shipping Be Coming to an End for Online Shoppers?

A Google search for “end of free shipping” churns out dozens of media and trade group reports. This time, however, consumer concerns may be warranted.

February 29, 2024