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.

BusinessTechnologyTop 50

GXO Unveils Custom-Sizing Packaging Machine

GXO Logistics has completed the installation of an automated packaging solution that fits boxes to their contents, the company announced Feb. 2.

February 7, 2022
GovernmentBusinessTechnologySafetyTop 100

Mandates, E-Commerce and Congestion Complicate Truck Parking Issues

Truck parking, which affects everything from driver satisfaction to cargo security, is a top concern for the trucking industry.

February 7, 2022
GovernmentBusinessTechnologyFuel

USPS Says It Could Buy More EVs If Congress Funded It

The U.S. Postal Service said it could buy more electric vehicles if more funding were available, after Biden administration criticism of the agency’s plan to replace its fleet mainly with gas-powered delivery trucks.

February 7, 2022
GovernmentBusiness

Biden Task Force Releases Report to Strengthen Labor Unions

A Biden administration task force on organized labor on Feb. 7 issued a set of recommendations that could make it easier for federal workers and contractors to unionize.

February 7, 2022
BusinessTechnologyEquipment

Toshiba to Split, Sell Stake in Carrier

TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).

February 7, 2022
BusinessLogistics

Amazon’s $191 Billion Jump Sets Record for Market Value Gain

Amazon.com Inc. shares surged 14% on Feb. 4, adding about $191 billion in market value, after investors cheered its fourth-quarter earnings report. The advance was the biggest single-day gain in U.S. stock market history.

February 4, 2022
BusinessTechnologySafety

TrueNorth CEO Smith Hands President Title to Tillman

TrueNorth President and CEO Jason Smith has handed off the title of president to Trent Tillman, executive vice president of TrueNorth’s transportation division. Tillman will assume the role while retaining his current responsibilities.

February 4, 2022
GovernmentBusiness

Illinois Trucking Association Launches Women’s Coalition

The Illinois Trucking Association launched a new coalition aimed at empowering women in the trucking industry.

February 4, 2022
BusinessLogistics

CFI Plans to Upgrade Tractors, Raise Pay

TFI International operating company CFI on Feb. 2 detailed plans to upgrade its fleet equipment and increase driver pay this year.

February 4, 2022
GovernmentBusinessTechnology

House Passes Bill Promoting Semiconductor Development

The U.S. House of Representatives on Feb. 4 passed an expansive bill that would invest tens of billions in the U.S. tech sector, but Republican objections that it’s too weak on China threaten what Democrats hoped would be a quick election-year win.

February 4, 2022