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.

Business

Schneider Reports 68% Jump in Earnings for Q1

Schneider National’s earnings surged 68% year-over-year during the first quarter, the company reported April 28.

April 28, 2022
GovernmentBusinessSafety

Idaho Truckers Share Vaccine Mandate Concerns

Shortages in potatoes and foodstuff for cattle are likely next year due to the ongoing U.S.-Canadian vaccine mandate disrupting border freight, Idaho truckers recently told their congressman.

April 28, 2022
GovernmentBusiness

House Transportation Democrats Prioritize Inclusive Workforce Programs

House Democrats proposed expanding diversity recruitment efforts across the transportation workforce as the Biden administration continues to pursue outreach programs.

April 28, 2022
BusinessFor-Hire

Forward Air Reports Revenue, Earnings Records for Q1

Forward Air Corp. set all-time quarterly records for revenue, net income and earnings per diluted share during the first quarter, the company reported April 27.

April 28, 2022
BusinessLogisticsPrivate

Amazon Falls, Projects Slower Growth as Online Sales Stall

Amazon .com Inc. projected sluggish second-quarter sales growth, as consumers reduce their online spending amid rising inflation and a return to pre-pandemic activities. The shares plunged about 10% in extended trading.

April 28, 2022
BusinessTechnologyLogistics

C.H. Robinson Posts Record Q1 Profits

Strong freight demand across its network powered C.H. Robinson Worldwide to record first-quarter profits.

April 28, 2022
GovernmentBusinessSafety

Pete Buttigieg Touts Infrastructure Funding During Budget Hearing

The country’s top transportation officer called on Senate funding leaders to approve the White House’s fiscal 2023 budget, one he said aims to modernize passenger and freight corridors with the goal of enhancing the economy.

April 28, 2022
GovernmentBusinessFuel

Top Democrats Push for FTC Crackdown on High Gas Prices

WASHINGTON — Citing growing worries about high gasoline prices, Democratic leaders announced an effort April 28 to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.

April 28, 2022
BusinessSafety

Driving ROI: The Business Case for Toll Management

Program Aired: April 28, 2022. Do you know how much your decisions are impacting your tolling expenses? Most fleets don’t, as there is no unified database of tolling spend. The problem is even more complex when fleets operate in different regions or nationally. Join our webinar to learn about implementing a toll management solution can generate 90% ROI in just 6 months. 

April 28, 2022
BusinessFor-Hire

Covenant Logistics Posts $291.6 Million in Revenue for Q1

Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.

April 28, 2022