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

How to Become a Freight Broker

Freight brokers use their expertise and relationships to help shippers find available carriers, saving shippers time and money and helping carriers more easily connect to shippers.

April 8, 2024
Business, Technology, Safety

The Safer Route Forward

Program Airs: May 23, 2 p.m. ET For modern transportation companies, commercial vehicle navigation is more than just a nice-to-have – it’s an essential tool for keeping your drivers safe. Join Trimble’s Dwayne Lazarre as he walks you through how truck-specific routing guides your fleet through the unexpected – from weather to work zones (and nearly everything in between).

May 23, 2024
Business

How to Combat Rising Insurance Costs

Program Airs: May 16, 2 p.m. ET Recouping your claims - from filing and acknowledgement to investigation and settlement - can exhaust more time and money than you can afford. Instead of a game of telephone, what if your service provider managed each step of the process from claim to settlement and offered you a single touchpoint for all your questions? Chas Nickells, Vice President of Business Development for Transportation at Davies Group, joins Seth Clevenger to share his decades of experience creating custom claims solutions for industry leaders and teach you how end-to-end claims solutions can transform your operations.   

May 16, 2024
Government, Business, Fuel

ATA, 8 Others Ask EPA to Adjust Biofuel Output Volumes

Renewable fuel production targets are too low to sustain the sector and have resulted in shuttered biofuel companies, a consortium of trade associations stated in a letter to EPA 's Michael Regan.

Noël Fletcher | Staff Reporter
May 3, 2024
Business, For-Hire

Mullen Group Closes ContainerWorld Acquisition

Mullen Group closed its previously announced acquisition of fellow Canadian business ContainerWorld Forwarding Services, the company revealed May 3.

Connor D. Wolf | Staff Reporter
May 3, 2024
Business, Logistics

XPO Posts Q1 Net Income Rise of 294% Despite Tough Market

XPO Inc. experienced a 294.1% increase in earnings year-over-year despite a soft freight environment during the first quarter of 2024, the company reported May 3.

Connor D. Wolf | Staff Reporter
May 3, 2024
Government, Business, Safety

Oregon Spends $2.1M in Federal Grant to Train Truck Drivers

Hundreds of newly minted commercial truck drivers are on the road in Oregon thanks to a state group’s decision to allocate a large chunk of a federal grant to driver training.

Noël Fletcher | Staff Reporter
May 3, 2024
Business, Equipment

Cummins Sees Q1 Income Rise From Sale of Filtration Business

Engine manufacturer Cummins Inc. said its first-quarter bottom line was lifted by the March completion of its divestiture from filtration business Atmus.

Joe Howard | Executive Editor
May 3, 2024
Government, Business, Safety, Logistics

I-95 in Connecticut Closed for Days as Crash Damages Bridge

NORWALK, Conn. — Workers on May 3 began removing a bridge over a Connecticut highway that was damaged in a fiery crash  — a project expected to keep both sides of I-95 closed through the weekend.

May 3, 2024
Government, Business, Safety, Logistics

Houthis Threaten to Try to Attack Ships in Mediterranean Sea

The Houthi group based in Yemen threatened to start trying to attack ships in the eastern Mediterranean as it steps up a campaign of anti-Israeli assaults.

Mohammed Hatem | Bloomberg News
May 3, 2024