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.

GovernmentBusinessTCA

NOAA Still Expects Active Hurricane Season

It鈥檚 been a quiet hurricane season so far, but聽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, 2022
BusinessLogisticsFor-Hire

Werner 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, 2022
BusinessTechnologyLogisticsFor-Hire

Schneider 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, 2022
BusinessLogistics

LTL Carrier Yellow Reports Strong Q2 Earnings

Leaders with less-than-truckload carrier Yellow Corp. are touting the company鈥檚 fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.

August 4, 2022
BusinessTechnologyEquipment

Allison 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, 2022
BusinessTechnologyFuelAutonomous

Orange EV Secures $35 Million From Outside Investor

Yard truck maker Orange EV announced Aug. 4 that it has secured $35 million from S2G Ventures 鈥 its first large outside investor.

August 4, 2022
BusinessPrivate

Walmart Cuts 200 Corporate Jobs as Costs, Inventory Sap Profit

Walmart Inc. is eliminating about 200 corporate jobs as it contends with rising costs, bloated inventories and weakening demand for general merchandise.

August 3, 2022
GovernmentBusiness

FMCSA Awards Educational Funds for Veterans, Others to Get CDLs

To help veterans, spouses and active duty military members gain truck driving jobs, the Federal Motor Carrier Safety Administration awarded $3.1 million in grants to 19 community colleges and truck driving schools throughout the country.

August 3, 2022
BusinessTechnologyEquipmentFuel

TA Reports Strong Q2 Net Income, Revenue

TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.

August 3, 2022
Business

Alabama Trucking Legend Buddy Moore Dies at 88

Former Alabama Trucking Association chairman and state industry leader E.H. 鈥淏uddy鈥 Moore Jr. died July 25.

August 3, 2022

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