Trucking Business News

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.

BusinessEquipmentLogistics

Maersk Chairman to Leave Board as Family Member Takes Over

A.P. Moller-Maersk A/S鈥檚 chairman, Jim Hagemann Snabe, is leaving his position to pave the way for a Maersk family member to take over the job of overseeing the Danish shipping giant.

February 15, 2022
BusinessTechnologyEquipment

Peterbilt Announces New 18-Speed Transmission

MARSHALL, Mich. 鈥 A new, 18-speed automated transmission that will soon be available from Peterbilt Motors Co. can be spec鈥檇 for both on- and off-highway uses and with calibrations tailored to customer needs, the company announced.

February 15, 2022
BusinessTechnologyEquipment

January Medium-Duty Sales Falter

U.S. retail sales of Classes 4-7 commercial vehicles in January fell 14.3% compared with a year earlier as all segments declined, Wards Intelligence reported.

February 14, 2022
BusinessTechnologyEquipmentAutonomous

U.S. Xpress Looks to Integrate Aurora Self-Driving Tech

U.S. Xpress will collaborate with autonomous driving technology company Aurora Innovation to explore the deployment of self-driving trucks within the motor carrier鈥檚 network.

February 14, 2022
BusinessTechnologyFuelTCA

DeLorean Returning as EV Maker

The DeLorean Motor Co. 鈥 the 1980s-era automaker whose sleek, silver sports car starred as a time machine in 鈥淏ack to the Future鈥 鈥 is making a comeback in San Antonio as a manufacturer of electric vehicles.

February 14, 2022
GovernmentBusinessSafety

Congress, Biden Urged to Release Funds for Bridge Repair

Transportation experts are urging Congress and the Biden administration to release federal infrastructure funds to improve unsafe bridges across the nation.

February 14, 2022
GovernmentBusinessTechnologyEquipmentSafetyLogistics

Supply Chain Disruptions Likely to Continue in Near Future

Economists and industry experts widely believe supply chain disruptions will continue to greatly impact the transportation industry for the first half of the year, and possibly into 2023.

February 14, 2022
GovernmentBusinessTechnologyEquipmentFuel

Sticking With Gas Power Over EVs Could Delay Postal Upgrade

The U.S. Postal Service is expected in coming days to reaffirm its plan to pay Oshkosh Corp. as much as $6 billion over 10 years to replace an aging fleet of red-white-and blue delivery vans with mostly gasoline-powered models instead of climate-friendly electric vehicles.

February 14, 2022
GovernmentBusinessFuel

US Is Exporting Every Molecule of LNG Possible

Tankers were docked or loading at all seven U.S. liquefied natural gas export terminals for the first time Feb. 12, marking a small piece of industry history and setting up record flows to the plants amid high prices and tensions in Europe.

February 14, 2022
GovernmentBusinessLogistics

Port of Savannah Reports Record Cargo Volumes for January

SAVANNAH, Ga. 鈥 The Port of Savannah has added another month to its streak of record cargo volumes amid a surge that has forced U.S. seaports to scramble to meet demand.

February 14, 2022