Trucking Business News

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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.

BusinessEquipmentTop 50Top 100

J.B. Hunt Set to Acquire Zenith Freight Lines for $87 Million

J.B. Hunt Transport Services has entered into a definitive agreement to acquire the assets of Zenith Freight Lines for approximately $87 million.

January 31, 2022
GovernmentBusinessTechnologySafety

N.J. DOT Latest to Offer Truckers Real-Time Traffic Alerts

New Jersey has launched a traffic-alert system using Drivewyze to warn commercial truckers about potential safety issues along 600 miles of state highways.

January 31, 2022
BusinessLogisticsTCA

Boeing’s Aging Cargo Line Risks Losing Dominance to Airbus

The air cargo business, booming as never before during the global pandemic, is massively dominated by Boeing jets that make up most of the worldwide air freighter fleet. Yet there is a threat to that dominance.

January 31, 2022
GovernmentBusinessSafety

Guidebook Aims to Help Communities Tap Infrastructure Funds

The White House released a guidebook meant to assist state transportation agencies with navigating the provisions of a $1 trillion law enacted in November.

January 31, 2022
GovernmentBusinessFuel

Earthstone to Buy Permian Oil Producer Bighorn for $860 Million

Earthstone Energy Inc. agreed to buy closely held oil and gas producer Bighorn Permian Resources for $860 million.

January 31, 2022
GovernmentBusinessTechnologySafety

What Does a Poor Bridge Rating Mean?

A 50-year-old bridge that collapsed in Pittsburgh had been rated as poor on a recent inspection report, but transportation officials and engineering experts cautioned that doesn’t necessarily signal imminent danger for the thousands of other U.S. bridges with the same designation.

January 31, 2022
GovernmentBusinessTechnology

Ohio Lured Intel’s Chip Plant With $2B in Incentives

COLUMBUS, Ohio — Ohio offered Intel Corp. incentives worth roughly $2 billion to secure a new $20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest.

January 28, 2022
BusinessTechnologyEquipment

Carrier Partners With ConMet to Expand Electrification Capabilities

Carrier Global Corp. is expanding its electrification capabilities through a new alliance with ConMet, the company announced Jan. 28.

January 28, 2022
GovernmentBusiness

Biden Visits Collapsed Bridge, Touts Infrastructure Needs

PITTSBURGH — Arriving just hours after a serious bridge collapse, President Joe Biden stared into the cratered muddy earth where the aging span fell early Jan. 28, striking evidence supporting the $1 trillion infrastructure law he already had planned to tout on his trip here.

January 28, 2022
GovernmentBusinessSafetyLogistics

ā€˜Tens of Millions’ of COVID Tests Are in the Mail

About 60 million households in the U.S. have ordered at-home COVID-19 tests from the federal government and ā€œtens of millionsā€ of tests have been shipped out by the U.S. Postal Service, according to White House spokeswoman Karine Jean-Pierre.

January 28, 2022