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.
Developers of a new $1 billion container terminal at Tradepoint Atlantic in Baltimore County, Md., say they expect to break ground by the end of next year and open in 2028, creating 1,100 jobs.
For growing carriers, choosing the right Trucking Management Software (TMS) is vital for the efficiency and growth of your transportation business. As we move into 2024, it's crucial to understand the key features and considerations that make a TMS solution stand out, and which ones play to your unique operation.
J.B. Hunt Transport Services announced Feb. 22 that subsidiary J.B. Hunt Transport has entered into a multiyear intermodal service agreement with Walmart Inc.
The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.
A wave of opposition is mounting in Illinois to a bill that would have the state mirror California’s strict emissions laws that would eventually prohibit sales of diesel-powered trucks.
Approximately 80 carriers and 2,500 drivers chosen for the #FMCSA study will collect and provide 12 months of data to help determine the frequency and severity of detention time drivers face when making deliveries.February 22, 2024
Federal trucking regulators have requested truckers, especially owner-operators, to assist the agency’s truck leasing task force by providing information on leasing agreements that they believe are unfair.
Volvo Trucks North America is forecasting a solid year for Class 8 sales, but expects activity soon for a pre-buy of new trucks ahead of federal emission rules taking effect in 2027.
Rivian Automotive Inc. shares fell in early trading after the electric vehicle maker issued a disappointing production forecast and announced another round of job cuts.