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.

BusinessLogisticsTop 100

Werner Reports Lower Q1 Earnings on Higher Revenue

Werner Enterprises’ revenue increased but earnings declined during the first quarter of 2023, the company reported May 3.

May 4, 2023
GovernmentBusinessTechnologySafety

EPA Hearing Draws Environmental, Trucking Interests

More than 200 individuals weighed in on the Environmental Protection Agency's public hearing on its heavy-truck greenhouse gas emissions mandate.

May 4, 2023
BusinessTechnologyAutonomous

Waymo Expands Efforts in Phoenix, San Francisco

Self-driving car pioneer Waymo announced May 4 that its robotaxis will be able to carry passengers through most of the Phoenix area for the first time.

May 4, 2023
BusinessLogisticsGlobal Freight

Maersk Profits Slip in Q1, Forecasts Weak 2023

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

May 4, 2023
GovernmentBusinessSafety

Wyoming to Replace Aging Twin Bridges Over I-80

Truckers traveling in Wyoming over Interstate 80, which sees the most truck traffic there, will be able to drive over two new bridges to be built mostly with a new Federal Railroad Administration grant.

May 4, 2023
BusinessLogisticsTop 100

XPO Reports $1.9 Billion Revenue for Q1

XPO Inc. experienced an increase in revenue despite a challenging freight environment during the first quarter of 2023, the company reported May 4. 

May 4, 2023
GovernmentBusinessSafetyLogistics

Shipping Lobby Group Advises Caution on Climate Targets

An influential shipping industry group has quietly warned shippers to think carefully before they sign up for a new plan to reduce their contribution to climate change.

May 4, 2023
GovernmentBusiness

Service Industry Expands Modestly as Activity Cools

The U.S. service sector expanded only modestly in April according to the Institute for Supply Management, restrained by the weakest pace of business activity in nearly three years.

May 3, 2023
GovernmentBusiness

Fed Raises Key Rate Again, but Hints at Possible Pause

The Federal Reserve reinforced its fight against high inflation May 3 by raising its key interest rate by a quarter-point to the highest level in 16 years.

May 3, 2023
GovernmentBusinessTechnologySafety

Senators Tout FCC’s 5.9 GHz Spectrum Waiver

U.S. Senate Transportation leaders touted the Federal Communications Commission’s recent decision to open access to a band of the transportation spectrum.

May 3, 2023