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

Former Tank Truck President Clifford Harvison Dies at 85

Clifford Harvison, a longtime former president of the National Tank Truck Carriers, died March 19 at his home in Stuart, Fla. He was 85. 

Eric Miller | Senior Reporter
March 26, 2024

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Government, Business

Maryland CDL Program Puts More Truckers on the Road

Westminster, Md.-based Carroll Community College in March celebrated its latest commercial driver license program graduates, which now total 77 students.

Noël Fletcher | Staff Reporter
March 26, 2024
Business, Logistics

Port of South Louisiana Sees Continued Annual Cargo Growth

The Port of South Louisiana experienced a second year of increased cargo that rose 8.8 million short tons of cargo in 2023 to counter a period of declining annual tonnage.

Noël Fletcher | Staff Reporter
March 26, 2024
Government, Business

Leasing Task Force Hears Concerns About Predatory Contracts

Truckers and industry experts warned that terms of lease-purchase agreements offered by some motor carriers present pitfalls for drivers who learn too late that they’re getting a bad deal.

Eric Miller | Senior Reporter
March 26, 2024
Government, Business

Durable Goods Orders Rise for First Time in Three Months

New orders placed with U.S. factories for durable goods rose in February for the first time in three months, suggesting firms are somewhat optimistic about the direction of the economy.

Mark Niquette | Bloomberg News
March 26, 2024
Business, Logistics, For-Hire

UPS Sees Sales, Profit Growth Coming Out of ‘Difficult’ 2023

UPS Inc. expects sales and profit to grow over the next three years as the courier overcomes soft demand for package delivery coming out of the pandemic.

Kiel Porter | Bloomberg News
March 26, 2024
Government, Business, Technology

China to Challenge Biden’s EV Plans at the WTO

BEIJING — China filed a World Trade Organization complaint against the U.S. on March 26 over what it says are discriminatory requirements for electric vehicle subsidies.

March 26, 2024
Business, Safety, Logistics, Global Freight

Baltimore Bridge Collapses After Cargo Ship Rams Into It

BALTIMORE — A containership lost power and rammed into a major bridge in Baltimore early March 26, causing the span to buckle into the river below. Six people were missing.

Lea Skene | Associated Press
March 26, 2024
Business

Colorado Court Schedules Kroger-Albertsons Hearing in August

A Colorado court scheduled a preliminary injunction hearing on supermarket giant Kroger Co.’s proposed acquisition of rival Albertsons Cos. in mid-August.

Leah Nylen | Bloomberg News
March 25, 2024
Business, Technology, Fuel, Autonomous

Tesla Staff Ordered to Demo Full Self-Driving Mode to Buyers

Tesla Inc. staff are now required to install and demonstrate the company’s driver-assistance technology before handing cars over to buyers in North America.

Ed Ludlow | Bloomberg News
March 25, 2024