Business

About Business News...

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.

Government, Business, Private

Colorado Files Lawsuit to Block Kroger-Albertsons Merger

Colorado sued to block Kroger Co.’s $24.6 billion acquisition of Albertsons Cos. in court Feb. 14, becoming the second state to challenge the deal.

Leah Nylen and Jaewon Kang | Bloomberg News
February 14, 2024

QuickBooks for Trucking: Connecting QuickBooks to Your TMS

Learn how Truckbase connects QuickBooks for trucking and your TMS to help you marry your trucking-specific data in your TMS with your financial data in QuickBooks.

Government, Business, Logistics

Portland Port Asks Oregon for $10M to Save Container Service

Facing a $14 million shortfall, the Port of Portland is asking Oregon legislators for a $10 million injection this year to avoid ending container service at Terminal 6.

Noël Fletcher | Staff Reporter
February 14, 2024
Business, Technology, Equipment, Autonomous

Volvo Offers Early Look at Redesigned VNL

DUBLIN, Va. — Volvo Trucks North America offered media a sneak preview of its redesigned VNL Class 8 tractor during a ride-and-drive event at its customer center.

Joe Howard | Executive Editor
February 14, 2024
Business, Logistics, For-Hire

Ryder Q4 Profit Slides on Weak Used Truck Prices, Rentals

Profits at Ryder System Inc. fell 39.8% in the fourth quarter of 2023 as weak freight conditions again sapped strength from used vehicle sales prices and rental activity, it said Feb. 14.

Keiron Greenhalgh | Staff Reporter
February 14, 2024
Government, Business, Safety, Logistics

FMC: Sanctions Against Yemen Should Be Considered

Federal Maritime Commissioner Carl Bentzel says his office wants the U.S. government to investigate whether economic sanctions are warranted against Yemen.

Dan Ronan | Senior Reporter
February 14, 2024
Business, Equipment

Medium-Duty Sales Continue Positive Trend

U.S. retail sales for medium-duty trucks increased 10.5% year-over-year in January, marking three months of positive gains, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
February 14, 2024
Business, Equipment

Goodyear Q4 Loss Soars on Goodwill, Rationalization Charges

Losses nearly tripled at Goodyear in the fourth quarter of 2023 compared with the year-ago period as the tire manufacturer digested restructuring costs and sales slowed, including in the North American commercial vehicle sector.

Keiron Greenhalgh | Staff Reporter
February 13, 2024
Business, Technology, Equipment, Safety, Fuel, Autonomous

2024 TMC Photo Gallery

Photos from American Trucking Associations' Technology & Maintenance Council Annual Meeting March 4-7, 2024, at the Ernest  N. Morial Convention Center in New Orleans. 

February 13, 2024
Government, Business, Logistics

Senators Introduce Freight Border Bill

Legislation meant to ensure border security staff remain at commercial ports of entry was recently introduced in the U.S. Senate.

Eugene Mulero | Senior Reporter
February 13, 2024
Government, Business

Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes

U.S. consumer prices jumped at the start of the year, stalling recent disinflation progress and likely delaying any Federal Reserve interest-rate cuts.

Augusta Saraiva | Bloomberg News
February 13, 2024