Trucking Business News

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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

Universal Logistics Reports Earnings Growth on Revenue Decline for Q4

Universal Logistics Holdings’ earnings grew on a slight decline in revenue during the fourth quarter of 2022, the company reported Feb. 9.

February 10, 2023
GovernmentBusinessTechnologySafety

DOT Investigating Elon Musk’s Neuralink Over Hazardous Shipping Claim

The U.S. Department of Transportation is investigating Elon Musk’s brain implant company, Neuralink Corp., after an animal rights group said it obtained emails suggesting the startup did not follow proper procedure when shipping possibly hazardous materials.

February 9, 2023
BusinessTechnologyEquipment

Tesla Semi Skepticism Lingers Months After Musk’s First Delivery

While Tesla's first Semi delivery to PepsiCo was cause for celebration, there’s still a lot of uncertainty as to just how meaningful the Semi will be to Tesla’s business.

February 9, 2023
GovernmentBusinessSafetyLogistics

White House to Release Budget March 9

Funding proposals for freight and commuter transportation programs will be unveiled as part of a larger budget plan on March 9, the White House announced recently.

February 9, 2023
BusinessTechnologyLogisticsTop 100

XPO’s Mario Harik Touts Strong Q4, Full-Year Performance

XPO Inc. CEO Mario Harik on Feb. 8 discussed how his company reached over a billion dollars in revenue during the fourth quarter despite a business spinoff and softening freight market.

February 9, 2023
GovernmentBusinessTechnologyFuel

FHWA to Start Funding Program to Lower Truck Emissions at Ports

The Federal Highway Administration soon will open fiscal 2022-2023 grant applications for its new Reduction of Truck Emissions at Port Facilities program, according to a Feb. 8 announcement by the Department of Transportation.

February 9, 2023
GovernmentBusinessTechnologySafetyAutonomous

Republican Policymakers Spotlight Autonomous Vehicles’ Benefits

Approving a regulatory framework for autonomous vehicles would facilitate the technology’s adoption throughout the national transportation landscape, top Republicans on a U.S. House committee indicated this month.

February 9, 2023
GovernmentBusinessEquipmentSafety

Reported Cargo Thefts Increased 20% in 2022

The transportation sector experienced an estimated 20% jump in reported cargo thefts amid changing criminal tactics in 2022.

February 9, 2023
BusinessTechnologySafetyLogistics

Tracking Trucking's Top Bottlenecks 

American Transportation Research Institute (ATRI) recently released the 2023 Top Truck Bottleneck List with Fort Lee, NJ claiming the top spot for the fifth year in a row. The in-depth analysis provides vital insight into truck-involved congestion points, highway traffic trends, and infrastructure investment opportunities. How much has the list changed since last year? How can this research be used to further conversations on funding and regional regulations? Rebecca Brewster, President and Chief Operating Officer of ATRI, joins Dan Ronan to help breakdown the top highway bottlenecks and discuss opportunities to address supply chain challenges. 

February 9, 2023
BusinessEquipment

Nissan Reports Better Profit as Chip Crunch Eases

TOKYO — Nissan reported a 55% jump in its October-December profit on Feb. 9, as the Japanese automaker gears up for a less-bumpy journey with its French alliance partner Renault.

February 9, 2023