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, Technology, Fuel, TCA

Jet Engine Wind Powers EVs in Dallas Airport Test

The thrust of airplane jet engines is now powering Teslas and other electric vehicles at Dallas Love Field.

July 27, 2023
Business, Logistics, For-Hire

Landstar Records Q2 Earnings Drop but Beats Expectations

Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.

July 27, 2023
Business, Equipment

Wabash Quarterly Profit Jumps as Margin Rises

Trailer manufacturer Wabash National posted a 6.8% increase in net sales in the second quarter compared with the same period a year earlier. 

July 27, 2023
Government, Business, Equipment, Safety, Logistics

Strategic Tactics Drive Cargo Theft Rise

The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.

July 27, 2023
Government, Business, Logistics

Large US-Mexico Truck Crossing to Reopen in Texas

A Mexico border crossing in Texas for commercial truck traffic will reopen after six years starting Aug. 7 to provide an alternative to the Juarez-El Paso land ports of entry.

July 27, 2023
Business, Technology, Autonomous

AI Startup Helps Diesel Trains Clean Up Their Emissions

RailVision Analytics has developed artificial intelligence-enabled software to help locomotive engineers make  adjustments in train driving that could lead to savings in diesel fuel.

July 27, 2023
Business, Safety

Norfolk Southern Says Derailment Cost Soars to $803 Million

OMAHA, Neb. — The costs associated with Norfolk Southern’s fiery February derailment in Ohio have more than doubled to $803 million as the railroad works to clean up the mess.

July 27, 2023
Business, Logistics

Covenant Reports Revenue, Earnings Decline for Q2

Covenant Logistics Group Inc. reported a year-over-year decrease in revenue and earnings during the second quarter of 2023, the company reported July 26.

July 27, 2023
Business, Fuel

Shell Earnings Top $5 Billion in Q2

LONDON — Shell reported July 27 that it earned nearly $5.1 billion in the second quarter, nearly half what the oil and natural gas giant pulled in during the first three months of the year.

July 27, 2023
Government, Business

Economy Grew at a Faster 2.4% Rate in April-June Quarter

WASHINGTON — The U.S. economy accelerated unexpectedly to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates.

July 27, 2023