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.

GovernmentBusinessLogistics

STB Proposes Emergency Action to Keep Rail Freight Moving

The U.S. Surface Transportation Board proposed a rule change that aims to bring immediate relief for shippers facing poor rail service, asserting that the agency can take emergency action on its own to address delays.

April 22, 2022
BusinessSafety

Transportation Sector Rallies to Provide Help to Ukrainians

The transportation industry has stepped up to assist the people of Ukraine in the wake of Russia’s invasion of the country that triggered a refugee crisis.

April 22, 2022
BusinessSafety

Louisiana Champ Courville Promotes Mental Toughness

With the road to the National Truck Driving Championships underway, a familiar face at the main tournament has already qualified.

April 22, 2022
BusinessTechnologyEquipment

Cummins Files for Possible IPO of Filtration Business

Cummins Inc. announced its filtration business confidentially submitted a draft registration statement with the U.S. Securities and Exchange Commission for a proposed underwritten initial public offering in the United States.

April 22, 2022
BusinessLogistics

Montreal Port’s Pitch to Shippers: No Waiting

The head of Canada’s second-biggest port has a supply chain sales pitch few of his peers in the global shipping industry can match: zero wait time at sea for container traffic.

April 22, 2022
BusinessTechnologyLogisticsTop 100

XPO Marks Earth Day With Carbon Offsets Program

XPO Logistics Inc. introduced a carbon-offset shipping option for customers of its truck brokerage business in North America, the company announced April 22.

April 22, 2022
BusinessTechnologyLogisticsAutonomous

Convoy Adds Capital to Expand Technologies

Digital freight broker Convoy announced it raised $260 million in new funding and added a $150 million line of credit as it intends to accelerate the development of its efficiency-focused technologies.

April 22, 2022
BusinessFor-Hire

Penske Truck Leasing Expands in Washington State

Penske Truck Leasing announced it opened a new facility in Everett, Wash., that offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance.

April 22, 2022
GovernmentBusinessLogisticsTCA

Shipping Firm Proposes CSX Project at SeaPort Manatee

PALMETTO, Fla. — The owners of World Direct Shipping have announced a bold initiative to send imported manufactured goods from SeaPort Manatee to the Northeast via a proposed CSX rail connection.

April 22, 2022
BusinessLogistics

Union Pacific Reports Strong Q1 Earnings

While Union Pacific Corp. delivered first-quarter financial results that outpaced Wall Street expectations, talk of service disruptions across its rail network and those of its competitors was top of mind among company executives who soon must answer to the Surface Transportation Board about those delays.

April 21, 2022

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