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.

Business, Logistics

Pitt Ohio Expands Service to New York State

Pitt Ohio has added 32 next-day lanes in an effort to improve transit times on the East Coast, the company announced Jan. 23.

January 23, 2023

TT Podcasts: RoadSigns Archive

How can autonomous trucks fit into the freight transportation industry? Host Seth Clevenger chats with Waabi's Vivian Sun and Apex.ai's Jan Becker.

Business, Technology, Equipment

General Motors Committing $900 Million to Plant Upgrades

FLINT, Mich. — General Motors says it will spend more than $900 million to update four factories, with the bulk going to an engine plant in Flint, Mich., to build the next-generation V8 for big pickup trucks and SUVs.

January 23, 2023
Business, Equipment, For-Hire

Wabash Inks Long-Term Agreements With Key Carrier, Supplier

Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.

Roger Gilroy | Senior Reporter
January 20, 2023
Business, Equipment

Timeline: Emission Changes Since 2000

A timeline of landmark emission changes for U.S. heavy-duty trucks and engines since 2000. 

January 20, 2023
Business, Logistics, Global Freight, TCA

Port of Mobile Posts All-Time Container Shipping Figures in 2022

The Port of Mobile has set a new record for annual container traffic, beating the benchmark it set in 2021 by more than 11%.

Lawrence Specker | Alabama Media Group
January 20, 2023
Business, Technology, Safety

Idelic Program Helps Fleets Land Better Insurance Deals

Technology firm Idelic is launching an initiative designed to help fleets negotiate better terms for insurance policies through use of data culled from its suite of safety programs.

Dan Ronan | Senior Reporter
January 20, 2023
Government, Business, Equipment

Paccar Parts Opens $45 Million Distribution Center in Louisville

Kentucky’s governor joined with executives from Paccar Parts to launch a $45 million distribution center in Louisville to serve dealers and customers in the central, mid-Atlantic and southeastern regions.

Noël Fletcher | Staff Reporter
January 20, 2023
Business, Equipment

Volkswagen Trucking CEO Sees Rising Profit on Cost-Cutting Push

Volkswagen AG’s Traton SE expects profitability at its MAN and Scania brands to improve this year as the German truck maker cuts production costs following the bruising experience of the global supply chain crisis.

Monica Raymunt | Bloomberg News
January 20, 2023
Business, Technology, Equipment

What's In Store for the 2023 Truck Market?

Class 8 truck production and sales increased in 2022 and won’t fall off a cliff in 2023, industry experts said, but 2023 still promises some uncertainty, of course.

Roger Gilroy | Senior Reporter
January 20, 2023
Business, Technology, Equipment, Safety

Technicians Gear Up for Truck Technology Changes

SAN ANTONIO — As truck technologies and emissions systems continue to evolve and electric-powered trucks begin to hit the market, the knowledge and expertise required to service and maintain these vehicles is also shifting.

Connor D. Wolf | Staff Reporter
January 20, 2023