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.

BusinessLogistics

Fleets Find That Raising Pay Doesn’t Solve Driver Shortage

The flurry of fleets that raised pay early in 2021 to recruit and retain truck drivers amid labor shortages snowballed into a widespread industry trend. However, for many fleets, it’s not necessarily bringing in the expected results.

January 10, 2022
BusinessTechnologyEquipment

Technology Adds Visibility, Efficiency to Yard Operations

As the logistics industry moves into the new year, supply chain challenges still remain. Although yard operations serve a critical link, the yard can become a black hole if not managed properly.

January 10, 2022
BusinessLogisticsTCA

Return to Sender: Gift Returns Swamping Shippers

Last week, customers at the UPS Store in Seattle’s Interbay neighborhood got a pretty good demonstration of what the global supply chain looks like when you try to run it backward.

January 10, 2022
BusinessTechnology

DriverReach Promotes Wendy Bartz to Customer VP Post

DriverReach announced it has promoted director of sales and services Wendy Bartz to vice president of customer experience.

January 7, 2022
BusinessFuel

Love’s Opens Four New Stores

Love’s Travel Stops recently opened four new locations, including a total of 280 additional truck parking spaces and more than 190 jobs, the company announced Dec. 9.

January 7, 2022
BusinessTechnologyAutonomousTCA

Autonomous Truck Company Torc to Open Hub in Texas

°®¶¹´«Ã½ is opening an Austin, Texas, engineering hub to accelerate development of its self-driving truck technology.

January 7, 2022
BusinessTechnologyAutonomousTCA

Cadillac Unveils Concept AV InnerSpace

Cadillac revealed the InnerSpace concept two-passenger electric and autonomous luxury vehicle Jan. 6 at CES in Las Vegas.

January 7, 2022
GovernmentBusinessTechnologySafetyLogistics

Supreme Court Weighs Vaccine Rules

The Supreme Court appears divided on legal challenges centering on the scope and federal authority of the Biden administration’s sweeping proposed COVID vaccine mandate, which would require private-sector firms to vaccinate or test tens of millions of employees.

January 7, 2022
BusinessTechnologyEquipmentAutonomous

Paccar, Aurora Showcase Autonomous Truck at CES 2022

LAS VEGAS — Paccar Inc. and self-driving technology company Aurora showcased one of their autonomous trucks during CES 2022 on Jan. 6.

January 7, 2022
GovernmentBusiness

US Adds Fewer Jobs Than Forecast; Unemployment Rate Falls

U.S. employers added fewer jobs in December than forecast, while the jobless rate fell below 4% and wages jumped, adding to evidence of a tight labor market that’s expected to help spur Federal Reserve interest rate liftoff as soon as March.

January 7, 2022