North American Class 8 orders in July, not unexpectedly, crawled to 11,400, the lowest point of the year. ACT Research reported the figure, citing truck makers’ data that was preliminary but largely complete.
August 4, 2022Trucking 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.
ATA’s Chris Spear Optimistic About Trucking Economy, R.I. Tolling Verdict
American Trucking Associations President Chris Spear said the trucking industry continues to show resilience despite challenges in the U.S. economy, marked by two straight quarters of negative gross domestic product and interest rate hikes by the U.S. Federal Reserve that aim to slow decades-high rates of inflation.
August 4, 2022Senate Debates Freight-Centered Budget Bill
Legislation that aims to reduce emissions at commercial ports and freight corridors is topping Senate Democrats’ legislative priorities ahead of the upcoming congressional summer recess.
August 4, 2022FMCSA Nominee Robin Hutcheson Awaits Senate Confirmation
President Joe Biden’s pick to oversee federal trucking regulations is awaiting a confirmation vote in the U.S. Senate.
August 4, 2022U.S. Xpress Reports $554M Revenue for Q2
U.S. Xpress Enterprises posted revenue gains but sluggish earnings during the second quarter of 2022, the company reported Aug. 3.
August 4, 2022NOAA Still Expects Active Hurricane Season
It’s been a quiet hurricane season so far, but the National Oceanic and Atmospheric Administration says a busy peak is ahead. The agency expects 14 to 20 named storms, with six to 10 developing into hurricanes and three to five of those strengthening into major storms of Category 3 and up.
August 4, 2022Werner Enterprises Reports Record for Q2
Werner Enterprises achieved its eighth consecutive quarter of record earnings per share during the second quarter of 2022, the company reported Aug. 3.
August 4, 2022Schneider Launches Digital Marketplace for Bulk Shippers
Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.
August 4, 2022LTL Carrier Yellow Reports Strong Q2 Earnings
Leaders with less-than-truckload carrier Yellow Corp. are touting the company’s fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.
August 4, 2022Allison Cites Resilient Demand in Q2 Revenue Gain
Allison Transmission Holdings Inc. reported gains in net income and revenue in the second quarter as demand continued.
August 4, 2022Trending
Newsletter Signup
Subscribe to Transport Topics