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.

BusinessEquipment

Rush Enterprises Acquires Summit Truck Group Assets

Rush Enterprises recently announced that it has purchased certain assets of Summit Truck Group, which the commercial vehicle dealership said marked the largest transaction in its history.

December 22, 2021
GovernmentBusiness

Economy Grew at 2.3% Rate in Q3, Up From Earlier Estimate

WASHINGTON — The U.S. economy grew at a 2.3% rate in the third quarter, slightly better than previously thought, the Commerce Department said Dec. 22. But prospects for a solid rebound going forward are being clouded by the rapid spread of the latest variant of the coronavirus.

December 22, 2021
BusinessEquipmentLogistics

New Louisiana Port Targets Moving Freight to Midwest

A Louisiana port under construction aims to pull business from larger facilities — and attract ships traveling through the Panama Canal — with a distribution model focused on moving cargo to Midwest markets.

December 22, 2021
GovernmentBusinessEquipmentFuelTCA

New Jersey Adopts Clean Truck Rules

State Environmental Protection officials adopted Advanced Clean Truck rules Dec. 20 that would make New Jersey the first East Coast state to require phasing in of electric commercial trucks to reduce air pollution and the diseases it causes.

December 21, 2021
BusinessLogistics

Wreaths Across America Honors Fallen Heroes, Support for Living Veterans

More than 2.4 million veterans across the country on Dec. 18 were honored for their service with a handmade wreath on their headstone.

December 21, 2021
BusinessLogistics

Investing in the Future of the Supply Chain

While the pandemic exacerbated weaknesses in the global supply chain, new opportunities for the trucking industry to grow domestically have also been uncovered.

December 21, 2021
GovernmentBusinessTechnologySafety

NHTSA: Highway Safety Programs Receive $260 Million in Grants

Federal programs aimed at improving safety along the country’s highways will receive a boost in funding, the National Highway Traffic Safety Administration recently indicated.

December 21, 2021
Business

Virginia Partnership Aims to Recruit, Train Drivers in the State

The Virginia Trucking Association is partnering with a public-private partnership on an initiative to recruit and train drivers for trucking jobs in the state.

December 21, 2021
Business

Target Sales Surging Amid Holiday Shopping

Target is an early winner of the U.S. holiday shopping season. The big-box chain increased sales approximately 10% in November, according to Bloomberg Second Measure, which analyzes anonymized U.S. consumer transactions to measure revenue.

December 21, 2021
BusinessTechnologyLogisticsBreaking News

November Tonnage Hits Highest Mark Since Spring

Truck tonnage in November posted the strongest year-over-year gain since spring, American Trucking Associations announced on Dec. 21, as busy consumer spending both in brick-and-mortar stores and online propelled a surge in freight activity.

December 21, 2021