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.

BusinessEquipmentFor-Hire

Wabash Q1 Profit Jumps as Sales, Order Backlog Soar

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

April 27, 2023
BusinessEquipment

March Trailer Orders Down 55.7% Year-Over-Year

U.S. trailer orders fell by over half of the year-ago total to just shy of 17,000 units in March, ACT Research reported.

April 26, 2023
GovernmentBusinessSafety

Ohio Derailment Cost Norfolk Southern $387 Million

Norfolk Southern announced April 26 that the Feb. 3 freight train derailment in East Palestine, Ohio, cost the railroad $387 million, which impacted its first-quarter profit by 33.7%.

April 26, 2023
GovernmentBusiness

Congressional Republicans Unveil Labor Bill

A comprehensive update to labor laws aimed at improving the national workforce landscape was recently proposed by congressional Republicans.

April 26, 2023
BusinessLogisticsFor-Hire

TFI Reports Lower Income, Revenue

TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.

April 26, 2023
BusinessLogisticsTop 100

Old Dominion Reports Revenue, Earnings Decline for Q1

Old Dominion Freight Line experienced a year-over-year decline in revenue and earnings during the first quarter, the company reported April 26.

April 26, 2023
BusinessFuel

Carbon Deal Targets Pipeline Seeking to Tackle Ethanol Emissions

A project to build a giant pipeline to remove carbon produced by the corn-based ethanol industry struck its first agreement to sell carbon-removal credits.

April 26, 2023
GovernmentBusinessTechnologyEquipmentSafety

NHTSA Revives Effort to Require Side Impact Guards

The National Highway Traffic Safety Administration is working with the trucking industry as it revisits a proposal to mandate installation of side underride guards on heavy truck trailers.

April 26, 2023
BusinessTechnologyEquipmentFuel

Nikola Trucks Join Alberta Hydrogen Demo Program

Two Nikola semis are to take part in a commercial vehicle demonstration program in the Canadian province of Alberta, the truck manufacturer said April 25.

April 26, 2023