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.

BusinessTechnologyLogistics

Ascend Acquires Fuchs Trucking

Logistics services provider Ascend announced it acquired Fuchs Trucking, based in Sauk City, Wis., a move intended to deepen Ascend鈥檚 footprint in the upper Midwest.

November 7, 2022
BusinessEquipmentLogistics

New International Bridge Aims to Help Laredo Remain No. 1 Inland Port

Already the No. 1 inland port in North America, Laredo is expected to further solidify its position and see substantial trade growth according to local leaders thanks to the planned addition of a second international railway bridge.

November 7, 2022
BusinessSafetyLogistics

South Florida Now in Forecast Cone for Potential Hurricane Nicole

South Florida is now in the forecast cone for Subtropical Storm Nicole, which is forecast to be near hurricane strength, or possibly a hurricane, by midweek, according to the National Hurricane Center鈥檚 latest advisory.

November 7, 2022
BusinessLogisticsGlobal Freight

Supply Chain Woes Accelerate Reshoring, Nearshoring Trend

The impact of the COVID-19 pandemic followed by supply chain disruptions around the world has sparked a resurgence of companies bringing sourcing and manufacturing back to the United States or closer to U.S. shores.

November 4, 2022
BusinessLogisticsGlobal FreightTop 50

Top North American Seaports and Airports Realize Record Volumes

Seaports and airports across North America experienced record-breaking volume in 2021 amid growing consumer demand.

November 4, 2022
GovernmentBusinessFuelLogisticsGlobal FreightTop 50

A Clouded Outlook for Global Freight

Describing global supply chains as 鈥渧olatile鈥 for the last two years is an understatement. Glimmers of hope are emerging, but anxiety grows over whether freight volumes can maintain traction amid high inflation and economic uncertainty.

November 4, 2022
GovernmentBusinessTechnologyEquipmentTCA

Texas-Based Holt Truck Centers Pursues Electric Trucks Alongside Nikola

Last summer, Holt Truck Centers signed a deal to become the certified dealer of Phoenix-based Nikola Corp.鈥檚 trucks in Texas.

November 4, 2022
BusinessLogistics

RXO CEO Drew Wilkerson Stresses Tech Development for New Brokerage Company

RXO CEO Drew Wilkerson plans to grow his newly launched brokerage company while focusing on technology development to gain market share, he said Nov. 3.

November 4, 2022
GovernmentBusiness

Jobs Top Forecasts, Unemployment Up in Mixed Picture for Fed

U.S. businesses reported strong hiring and wage increases in October although the unemployment rate climbed, offering a mixed picture as Federal Reserve officials debate how long to extend their campaign to curb elevated inflation.

November 4, 2022
BusinessTechnologyEquipment

CVG Reports Modest Results in Third Quarter

Diversified commercial vehicle supplier Commercial Vehicle Group reported a decline in net income in the third quarter as revenue rose slightly.

November 4, 2022