A.P. Moller Maersk A/S lost more than $700 million in the first quarter from the war in Ukraine as it counts the cost of exiting Russia, according to the shipping giant.
May 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.
Daseke Reports 26% Rise in Revenue for Q1
Daseke Inc. experienced a 26% increase in revenue year-over-year for the first quarter, the company reported May 3.
May 3, 2022Meritor Reports FY Q2 Revenue Climbs on Demand, Higher Pricing
Meritor Inc. reported fiscal second-quarter net income dipped and revenue increased primarily driven by higher truck production in most global markets and pricing actions.
May 3, 2022Shippers Turn to Trucking for Help Meeting Carbon Reduction Goals
LAS VEGAS — As large corporations make bold pledges to achieve carbon neutrality in the coming decades, they are increasingly looking at their supply chains as an opportunity to make progress toward those goals.
May 3, 2022Cummins Reports All-Time High Quarterly Revenue
Cummins Inc. reported first-quarter net income fell as it posted all-time record quarterly revenue.
May 3, 2022Freight Industry Downshifts From Hectic Pace for Shipping
A gauge of logistics stress in the U.S. economy eased in April as freight transportation cooled, a sign that the broader economy is downshifting to a speed that remains expansionary.
May 3, 2022Pennsylvania Truckers Oppose Tolls on Nine Interstate Bridges
The Pennsylvania Motor Truck Association is raising alarm about the possible costs to motor carriers of a tolling proposal from the state’s Department of Transportation to pay for upgrades to as many as nine highway bridges.
May 3, 2022White House to Help States Plan for National EV Charging Network
The new Joint Office of Energy and Transportation has helped 44 states in the past two months with technical assistance as part of the White House’s $7.5 billion deployment to build a national electric vehicle charging network.
May 3, 2022ATRI Tallies Environmental Impact of Zero-Emission Trucks
The overall life cycle of Class 8 zero-emission trucks would result in a net decrease in carbon dioxide emissions of just 30% compared with internal combustion engines despite the trucks having no direct tailpipe emissions, according to a just-released study by the American Transportation Research Institute.
May 3, 2022Coalition Formed to Recruit, Train 500 New Truck Drivers
A coalition of trucking advocacy groups, the U.S. Chamber of Commerce and employment website Indeed teamed up beginning May 2 to offer 500 full scholarships to members of the military and their spouses interested in obtaining a commercial driver license.
May 3, 2022Trending
Newsletter Signup
Subscribe to Transport Topics