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.

GovernmentBusinessSafety

Report Says DOT ā€˜Management Challenges’ Include Reducing Highway Fatalities

A new Department of Transportation inspector general report concluded that DOT’s key 2023 ā€œmanagement challengesā€ range from reducing highway fatalities to successfully implementing the variety of Infrastructure Investment and Jobs Act programs.

November 10, 2022
GovernmentBusiness

Holiday Retail Sales Pace Likely to Be Slower, but Still Solid

The retail holiday season is expected to be solid as economists and other experts say sales should increase between 6% and 8% over 2021’s record 14% increase from 2020.Ā 

November 10, 2022
Business

Former U.S. Xpress Executive Ray Harlin Dies at 72

Ray Harlin Jr., former chief financial officer and president of U.S. Xpress, died Oct. 28, surrounded by family at his home in Chattanooga, Tenn. He was 72.

November 10, 2022
BusinessLogisticsFor-Hire

GXO Reports Higher Revenue, Lower Earnings for Q3

GXO Logistics Inc. reported revenue growth and a decline in earnings in its third-quarter report released Nov. 8.

November 10, 2022
GovernmentBusiness

After Election Day, Control of Congress Undetermined

One day after an election that left control of both houses of Congress uncertain hours after polls had closed, calls for change in how the Biden administration is guiding the nation arrived from the highest levels of Republican leadership.

November 10, 2022
GovernmentBusiness

Vance, Fetterman Win Closely Watched Contests

Republicans and Democrats claimed victories in the U.S. Senate in closely watched races during the 2022 midterm election.

November 10, 2022
GovernmentBusinessSafety

USDOT, White House Promote Infrastructure Workforce

The Biden administration recently launched initiatives designed to connect individuals with careers associated with infrastructure.

November 10, 2022
GovernmentBusinessTechnologyFuel

More States Are Producing Alternative Biodiesel, Renewable Diesel

All original equipment manufacturers approve the use of a B5 biodiesel blend, while the B20 blend is most common.

November 10, 2022
GovernmentBusinessSafetyLogistics

Ohio Answers Some Parking Needs by Converting Weigh Stations

To address a shortage of spaces, Ohio is converting more than a dozen weigh stations into truck parking lots and modernizing rest areas.

November 8, 2022
GovernmentBusinessTechnologyEquipmentFuel

California Sees Improvements in New Emissions Report

The California Air Resources Board has released a greenhouse gas emissions report showing a 33% drop in carbon pollution since 2001 that was achieved through a combination of tactics including expanded use of biodiesel and renewable diesel in heavy-duty trucks, greater use of electric vehicles and more fuel-efficient passenger vehicles.

November 8, 2022