Transportation 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.
Ford Profit Surges on Strong Revenue in Q2
DETROIT — Ford’s second-quarter profit more than tripled to $1.92 billion versus a year ago on strong internal combustion and commercial vehicle sales, but losses grew in the EV business.
July 28, 2023Semi-Automated Trucks to Be Tested on Ohio-Indiana Route
Ohio and Indiana have agreed to test partially automated trucks on a 166-mile stretch of Interstate 70 between Columbus, Ohio, and Indianapolis beginning as early as October.
July 27, 2023Lordstown Ordered to Face Trial Despite Bankruptcy
A Delaware judge permitted vehicle maker Karma Automotive to move forward with an upcoming trial in California against Lordstown Motors Corp. despite Lordstown's filing for bankruptcy. Â
July 27, 2023Freight Group Emphasizes Heavy-Duty Charging Infrastructure
WASHINGTON — A coalition of freight stakeholders called for greater emphasis on the heavy-duty sector as federal lawmakers and regulators prioritize electric vehicles nationwide.
July 27, 2023Senators Introduce Trucking Safety Bill
Legislation meant to promote highway safety by setting federal standards that further determine a carrier’s competence was recently introduced in the U.S. Senate.
July 27, 2023Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge
Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.
July 27, 2023Jet Engine Wind Powers EVs in Dallas Airport Test
The thrust of airplane jet engines is now powering Teslas and other electric vehicles at Dallas Love Field.
July 27, 2023Landstar Records Q2 Earnings Drop but Beats Expectations
Landstar System Inc. posted a year-over-year decline in revenue and earnings during the second quarter of 2023, the company reported July 26.
July 27, 2023Wabash Quarterly Profit Jumps as Margin Rises
Trailer manufacturer Wabash National posted a 6.8% increase in net sales in the second quarter compared with the same period a year earlier.Â
July 27, 2023Strategic Tactics Drive Cargo Theft Rise
The trucking industry has faced an increase in cargo thefts this year, with thieves developing more sophisticated and strategic tactics.
July 27, 2023Trending
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