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.

GovernmentBusinessSafety

DOT’s Oral Fluid Testing Stalls Due to Lack of Labs, Testers

DOT drug testing of truck drivers using oral fluid collections was approved more than a year ago, but a lack of certified lab testing facilities  has stalled use of the method.

July 25, 2024
BusinessLogisticsFor-HireTop 100

Knight-Swift CEO Cautiously Optimistic as Q2 Results Stabilize

Knight-Swift Transportation Holdings reported July 24 that revenue reached just shy of $2 billion in the second quarter of 2024. The Phoenix-based carrier posted net income attributable to itself of $20.3 million.

July 25, 2024
BusinessLogisticsFor-Hire

Covenant Logistics Reports Nearly 5% Revenue Rise for Q2

Covenant Logistics Group experienced an increase in revenue but a slight decline in earnings during the second quarter of 2024, the company reported July 24.

July 25, 2024
GovernmentBusinessSafety

NTSB Voices Concerns Over Potential Downgrade of Marijuana

NTSB filed comments with DEA expressing concerns that moving marijuana from Schedule I to Schedule III of the Controlled Substances Act could end testing of the drug for truck drivers.

July 25, 2024
GovernmentBusinessLogisticsTCA

Gordie Howe International Bridge Links Detroit to Windsor

DETROIT — The U.S. and Canadian sides of the Gordie Howe International Bridge have been connected, marking the bridge as an official border crossing.

July 25, 2024
GovernmentBusiness

Colorado Judge Temporarily Halts Kroger-Albertsons Merger

A Colorado judge issued an order temporarily blocking the proposed $25 billion merger of Kroger Co. and Albertsons Cos., which has been challenged by the state attorney general.

July 25, 2024
GovernmentBusinessFuel

Trump Targets Biden Administration’s EV Agenda at RNC

A rollback of policies that former President Donald Trump believes unfairly target fossil fuel-powered vehicles would be among the central priorities he'd tackle if re-elected this fall.

July 25, 2024
GovernmentBusinessSafety

Governor Hochul Sued Over NYC Congestion Pricing Freeze

New York Gov. Kathy Hochul was sued over her pause on the city’s traffic congestion pricing plan by an advocacy group that claims she had no legal authority to put the program on hold.

July 25, 2024
BusinessEquipment

Stellantis Profit Plunges 48% in First Half of Year

MILAN — Stellantis CEO Carlos Tavares pledged action to tackle problems in North America and elsewhere July 25 after reporting a plunge in first-half earnings.

July 25, 2024
BusinessEquipmentSafety

XPO’s Budlowski Secures 13th Trip to NTDC

WINDSOR LOCKS, Conn. — XPO's Ernie Budlowski and Team Connecticut are hoping that their upcoming trip to Indianapolis results in back-to-back championships at NTDC.

July 25, 2024

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