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.

GovernmentBusinessFuel

US Says Oil, Gas Sales Damage Climate — But Won’t Stop Them

The Biden administration is planning to sell oil and gas leases on huge tracts of public land in the U.S. West, despite the Interior Department’s conclusion that doing so could cost society billions of dollars in climate change impacts.

November 2, 2021
BusinessEquipment

Rush Reports Rise in Q3 Income, Revenue

North American truck dealership Rush Enterprises Inc. reported a jump in third-quarter net income and slightly more revenue as demand for trucks, services and aftermarket rose.

November 2, 2021
GovernmentBusinessTechnologySafety

AASHTO Pushes US House Vote on Highway Bill

Congressional approval of a multiyear highway policy measure would enhance state transportation agencies’ ability to plan long term for infrastructure projects. That is the message from the organization representing the country’s departments of transportation.

November 2, 2021
BusinessLogisticsTop 50

Expeditors International Posts Large Q3 Profit Increase

Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on tight freight capacity and soaring prices.

November 2, 2021
BusinessTechnologyEquipmentFuel

Cummins Posts Q3 Income, Revenue Gains

Cummins Inc. reported strong medium- and heavy-duty engine sales amid global growth, despite moderating demand in China, led to increased net income and revenue in the fiscal third quarter.

November 2, 2021
Business

Ford’s Climb Takes Stock Above Levels Last Seen Under Mulally

Ford Motor Co.’s shares have climbed steeply over the past couple of months, pushing them to levels last seen when Alan Mulally — the former CEO who is often called the company’s savior — was at the wheel.

November 2, 2021
BusinessFuel

Marathon Petroleum Weighs the Sale of Alaska Refinery

Marathon Petroleum Corp. is weighing a sale of its Kenai refinery in Alaska as the U.S.’ largest independent crude processor seeks to further streamline operations.

November 2, 2021
BusinessFuel

BP Says Oil Demand Is Back Above 100 Million Barrels a Day

As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of 100 million barrels a day last seen before the COVID-19 pandemic, according to BP Plc.

November 2, 2021
BusinessTechnologyLogistics

Technology Helps Manage Spot Market

Technological solutions are increasingly helping shippers and carriers manage a boisterous business climate in which spot freight plays a prominent role.

November 2, 2021
BusinessLogisticsTop 50

Maersk Sees Global Shipping Markets Staying Tight Into 2022

A.P. Moller-Maersk A/S expects shipping markets to remain tight at least into the first quarter with global container demand set to grow faster than previously expected.

November 2, 2021

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