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.

BusinessTechnologyEquipmentFuelLogistics

Leading Container Maker Sees Profit Jump in Hydrogen Business

China International Marine Containers Group, the world’s biggest manufacturer of shipping containers, is seeing a surge in revenues from its hydrogen business, a good sign for the fuel.

February 8, 2024
GovernmentBusinessSafetyGlobal Freight

Maersk Warns of Slowdown Once Freight Boost Fades

A.P. Moller-Maersk A/S shares plunged after the company said it expects renewed gloom in the industry this year when the current boost to freight rates from the Red Sea conflict evaporates.

February 8, 2024
BusinessTechnologyLogisticsAutonomousFor-Hire

Trucking Executives Cite Opportunities for AI Adoption

LAS VEGAS — Artificial intelligence promises to unlock greater efficiency in the freight transportation industry, but implementing AI functions is not without its challenges.

February 8, 2024
BusinessFor-Hire

ArcBest Reports 31% Earnings Gain Despite Revenue Drop

ArcBest Corp. experienced a 30.7% increase in earnings despite a decline in revenue during the fourth quarter of 2023, the company reported Feb. 6.

February 7, 2024
BusinessLogistics

Reefer Unit Powers Carrier Global to 55.6% Q4 Profit Hike

Profits at Carrier Global jumped 55.6% year-over-year in the fourth quarter on the back of higher refrigeration unit sales and improved operating margins.

February 7, 2024
BusinessLogistics

XPO Reports Revenue and Earnings Gains for Q4

XPO Inc. reported a year-over-year increase in revenue and earnings despite an overall softer freight environment during the fourth quarter of 2023, the company announced Feb. 7.

February 7, 2024
GovernmentBusiness

US House to Debate Water Permitting Bill

House Republican leaders indicated that as early as the week of Feb. 12, the GOP-led Creating Confidence in Clean Water Permitting Act would reach the floor of the chamber.

February 7, 2024
BusinessLogistics

Werner Enterprises Reports Revenue, Profit Decline for Q4

Werner Enterprises reported a drop in revenue and earnings year-over-year during the fourth quarter of 2023, the company detailed Feb. 6.

February 7, 2024
BusinessSafetyLogisticsTCA

San Clemente Landslide Forces San Diego Rail to Halt Again

Freight trains to and from the Port of San Diego were suspended again the night of Feb. 6 by a slow-moving landslide that threatens the tracks at San Clemente, Calif.

February 7, 2024
GovernmentBusinessTechnology

US, EU Discuss Semiconductors, Cybersecurity, Supply Chain

The U.S. and European Union agreed to increase raw material sourcing for semiconductors and better align mutual cybersecurity protocols for infrastructure and businesses.

February 7, 2024

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