Trucking Business News

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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

Knight-Swift Reports 15.5% Rise in Revenue to $1.9 Billion for Q3

Knight-Swift Transportation Holdings Inc. saw mixed financials amid ongoing efforts to strengthen segment results during the third quarter, the company reported Oct. 19.

October 20, 2022
BusinessTechnology

Tesla Sales Rise, but Revenue Still Lower Than Expected

Tesla Inc. shares declined in early trading after the electric car maker reported lower-than-expected revenue and acknowledged it isn鈥檛 immune from economic headwinds.

October 20, 2022
BusinessTechnologyEquipmentSafety

Solera鈥檚 Spireon Introduces Next-Gen Cargo Sensor

Asset-tracking technology provider Spireon has introduced its next-generation cargo sensor, designed to give motor carriers more detailed information about available trailer capacity.

October 20, 2022
BusinessLogisticsTCA

Consumers Expecting Issues in Survey on Holiday Supply Chain Issues

While retailers started preparing for the holiday season even earlier this year, consumers are still haunted by the ghost of supply chain past, survey data shows.

October 20, 2022
GovernmentBusinessFuel

Biden Says More Oil Releases Possible to Cut Gas Prices

President Joe Biden announced the drawdown of an additional 15 million barrels of oil from U.S. emergency reserves, as well as what he called a 鈥渞eady and release plan鈥 aimed at driving down gasoline prices.

October 19, 2022
BusinessTechnologyAutonomous

Waymo鈥檚 Self-Driving Taxi Service Expands to L.A.

Waymo, Alphabet Inc.鈥檚 driverless vehicle unit, plans to expand its robotaxi service to Los Angeles, the third region where it will be offered.

October 19, 2022
BusinessLogistics

Port Leaders Optimistic Over Funding, Supply Chain

ORLANDO, Fla. 鈥 With an influx of funds expected to exceed $25 billion for rebuilding and expansion, the nation鈥檚 coastal and inland facilities are beginning a 鈥済olden age,鈥 port leaders say.

October 19, 2022
BusinessLogisticsFor-Hire

J.B. Hunt Reports $3.84 Billion in Revenue for Q3

J.B. Hunt Transport Services Inc. saw revenue and earnings increase as a result of strong segment growth during the third quarter, the company reported Oct. 18, besting analysts鈥 expectations.

October 19, 2022
BusinessLogisticsPrivateTCA

Amazon Boosts Fort Worth Alliance to One of Nation鈥檚 Busiest Cargo Airports

Fort Worth Alliance airport now ranks among the 20 largest cargo airports in the country by landed weight, according to Federal Aviation Administration data, in large part due to Prime Air's distribution hub.

October 19, 2022
BusinessEquipmentGlobal FreightTCA

UPS Aircraft Mechanics Ratify Labor Contract

Aircraft mechanics at UPS Inc. voted to ratify a labor contract extension that will give them a 3.3% hike in pay annually for three years, the International Brotherhood of Teamsters union announced Oct. 18.

October 19, 2022

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