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.

BusinessLogistics

Universal Logistics Beats Q4 Expectations

Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15.

February 16, 2024
GovernmentBusiness

Consumer Sentiment Index Edges Higher in February

WASHINGTON — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy.

February 16, 2024
BusinessTechnology

Fleets Use Tech to Aid Communication With Immigrant Drivers

The use of technology-based programs is helping integrate non-native English speakers into truck driving environments.

February 16, 2024
GovernmentBusinessTechnologyTCA

Kia Debuts First Georgia-Made EV at State Capitol

Kia executives met with Georgia Gov. Brian Kemp and state leaders Feb. 13 to show off a historic milestone — the first electric vehicle built in Georgia.

February 16, 2024
BusinessTechnologyLogisticsFor-Hire

Social Media Platforms Open Fleets to Newer Recruiting Pool

Fleets are looking more to social media platforms to increase brand awareness, reach new customers and, increasingly, find new employees.

February 16, 2024
BusinessSafety

CDL Schools, Driver Training Programs Focus on the Right Fit

The driver shortage and turnover are top concerns within the trucking industry, and insiders contend schools and training programs play a critical role in attracting new entrants.

February 15, 2024
GovernmentBusiness

Rouzer Outlines WRDA's Path to Passage

This spring, House Republicans will seek committee approval of a comprehensive water infrastructure bill significant to supply chain connectivity.

February 15, 2024
BusinessLogistics

Kenan Advantage Group Enters Dry Bulk Sector

Kenan Advantage Group bought Northern Dry Bulk for an undisclosed sum, marking its first major foray into dry bulk haulage, the top-ranked tank transporter said.

February 15, 2024
GovernmentBusinessLogistics

Update: 2024 Top 100 Truck Bottlenecks List Sees Congestion Increasing

Fuel card skimming is on the rise. Read Dan Calabrese's report on what trucking fleets can do to thwart cyber criminals who engage in this high tech theft.

February 15, 2024
BusinessEquipment

Allison Q4 Profit Rises 21% on Vocational Strength

Allison Transmission Holdings Inc. profits increased 21% year-over-year in the fourth quarter of 2023 behind North American Class 8 vocational truck market strength.

February 15, 2024