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, Equipment

How to Reduce Risk Ahead of the 2027 Truck Emission Changes

Program Airs: August 15, 2 p.m. ET Find out how you can take the risk out of the anticipated truck pre-buy ahead of 2027. Transport Enterprise Leasing’s Jacob Brazier, vice president of fleet leasing, and Aaron Thompson, vice president of asset management, join TT’s Seth Clevenger for a special interview on creating success strategies for trucking companies amid the shift to cleaner truck technologies.   

August 15, 2024
Business

How to Optimize Cash Flow

Program Aired: July 25, 2 p.m. ET Find out how you can expedite the freight payment process and optimize cash flow. Tiffany Anderson, Senior Product Manager at U.S. Bank, joins TT's Joe Howard for a special one-on-one conversation to discuss her experience creating a smarter, more sustainable invoice life cycle and offer her insight on financial trends across the supply chain.  

July 25, 2024
Business, Equipment

COMING SOON: Coordinate - Learning Sessions for Equipment and Maintenance Executives

Parts supply chain management requires the precise coordination of a number of ingredients - sourcing the right parts, keeping your inventory up-to-date, maintaining your distribution network and more. Understanding the anatomy of the parts supply chain is key to meeting your current challenges and finding opportunities for optimization. What can you do to improve how you source parts? How proactive do you need to be in managing your inventory? And, does greater visibility into the links of the supply chain mean greater efficiency? 

August 13, 2024
Business, Logistics, Private, Global Freight

Amazon Reports Boost in Quarterly Profit to $13.5 Billion

Amazon reported a boost in its quarterly profits Aug. 1, but the company missed revenue estimates, sending stocks lower in after-hours trading.

Haleluya Hadero | Associated Press
August 1, 2024
Business, For-Hire

XPO Q2 Profit Jumps as LTL Shipments Rise 4.5%

XPO profit jumped in the second quarter as revenue increased 8% on the back of a 4.5% increase in North American LTL shipments and 7.4% rise in the return obtained for those shipments.

Keiron Greenhalgh | Staff Reporter
August 1, 2024
Government, Business, Safety, Logistics

Port Houston Gets USDA OK to Directly Handle Cold Treatment Cargo

The U.S. Department of Agriculture has granted authority to Port Houston to handle cold treatment cargo, creating an opportunity for drayage companies in the region.

Noël Fletcher | Staff Reporter
August 1, 2024
Business, Logistics

C.H. Robinson Profit Jumps on Higher Seaborne Prices

C.H. Robinson Worldwide profit in Q2 jumped 29.7% year over year as a result of higher seaborne services pricing, a bigger margin on truckload and LTL shipments and a decrease in head count.

Keiron Greenhalgh | Staff Reporter
August 1, 2024
Government, Business, Logistics

Liebherr to Build $176M Distribution Center in Mississippi

A top Swiss manufacturer of construction equipment has inked a $176 million deal with Mississippi state officials to build a massive distribution and logistics center to provide spare parts in North and South America.

Noël Fletcher | Staff Reporter
August 1, 2024
Government, Business, Technology, Safety

Biden’s ‘Infrastructure Decade’ Becoming More Concrete

A bipartisan infrastructure law topping $1 trillion is fueling a wave of freight and passenger mobility projects nationwide this summer.

Eugene Mulero | Senior Reporter
August 1, 2024
Government, Business, Fuel

Chevron, Hess Merger Faces Long Delay

Shares of Chevron Corp. and Hess Corp. plunged after announcing an arbitration hearing with Exxon Mobil Corp. related to their $53 billion merger will be delayed until at least mid-2025.

August 1, 2024