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

Mail Carriers Reach Tentative Contract With USPS

Some 200,000 mail carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide air-conditioned trucks.

October 22, 2024
BusinessSafetyLogistics

Norfolk Southern Tops Third-Quarter Expectations

Norfolk Southern’s streamlined operations delivered strong earnings, even excluding boosts from insurance payouts related to the derailment in East Palestine and the sale of two rail lines.

October 22, 2024
BusinessEquipment

Auto Supplier Dana Exploring Sale of Off-Highway Unit

Dana Inc. is exploring a sale of its off-highway business, people familiar with the matter said, as the automotive supplier responds to sluggish demand in its key markets.

October 18, 2024
BusinessEquipment

Volvo Q3 Profit Falls 28.5% on Market Downturn, Mack Issues

Volvo Group profit fell 28.5% in the third quarter of 2024 as a downturn in demand for trucks in both Europe and North America crimped revenue and margin.

October 18, 2024
GovernmentBusinessTechnologyEquipmentSafety

BMW Recalls 700,000 Cars in China Over Coolant Pump Issues

Models affected include locally made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs.

October 18, 2024
GovernmentBusinessTechnology

Biden Administration Pledges $2B to Reinforce Electric Grid

The funding for 32 projects is being made available through the Energy Department and will span 42 states. Investments will include utilities damaged by hurricanes Helene and Milton.

October 18, 2024
GovernmentBusinessTechnologySafetyAutonomous

Tesla’s Full Self-Driving Under Investigation by NHTSA

NHTSA said Oct. 18 it will assess whether Tesla’s system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions.

October 18, 2024
Business

Housing Starts Fall as Multifamily Projects Tumble

Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Oct. 18, after a big rebound in construction in August.

October 18, 2024
GovernmentBusiness

Presidential Race Is Too Close to Call, Karl Rove Says

NASHVILLE, Tenn. — This presidential election is a once-in-a-generation contest that will be decided over key policy issues, political strategist Karl Rove told trucking executives.

October 17, 2024
BusinessEquipment

Oklahoma Woman Wins the Last Peterbilt Model 389x Built

NASHVILLE, Tenn. — An Oklahoma woman won Rush Truck Centers’ sweepstakes to give away the last Peterbilt Model 389x produced.

October 17, 2024

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