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.

BusinessTechnologyEquipment

New Battle Emerges Between Rail Giants CN, CP Over KCS

A wrinkle has emerged in the yearlong, multibillion-dollar battle between rival railroad giants Canadian National Railway and Canadian Pacific Railway Ltd. over which of the Class I railroads will own and operate the smaller, but strategically important, freight carrier Kansas City Southern.

March 2, 2022
GovernmentBusiness

Job Growth More Than Forecast in February, ADP Data Shows

U.S. companies in February added more jobs than forecast as COVID-19 cases dropped and restrictions eased, encouraging more Americans to work.

March 2, 2022
BusinessTechnologyEquipmentTop 100

NextGen EkoStinger Fairing Boosts Fuel Savings in Test

Mesilla Valley Transportation Solutions announced that the NextGen EkoStinger, an aerodynamic fairing for Class 8 tractor-trailers, boosted fuel mileage.

March 2, 2022
GovernmentBusinessSafety

Europe’s Biggest Logistics Firms Halt Deliveries Into Russia

Europe’s biggest logistics firms halted shipments to Russia, further isolating the country’s businesses and consumers after its military invaded Ukraine.

March 2, 2022
BusinessEquipment

CVG Reports Higher Q4 Net Income, Revenue

CVG, a supplier to the commercial vehicle industry and others, reported increased net income and revenue in the fourth quarter on the strength of its vehicle solutions business, its largest segment.

March 2, 2022
BusinessTechnologyEquipmentFuel

Ford Reorganizes to Run EV, Engine Businesses Separately

Ford Motor Co. will separate its fast-growing electric vehicle operations from its legacy combustion engine business in a historic reorganization of the 118-year-old company.

March 2, 2022
GovernmentBusiness

Labor Department Partners With ATA on Apprenticeship Program

WASHINGTON — The U.S. Department of Labor has partnered with American Trucking Associations for an apprenticeship program that could play a significant role in easing the industry’s driver shortage, and presents motor carriers with an opportunity to directly work with and train new entrants to boost their driving ranks.

March 1, 2022
GovernmentBusinessFuel

WTI Tops $103 as Supply Fears Persist

Oil extended gains after the close as a decision by the U.S. and other major economies to release emergency stockpiles failed to ease concerns of a major shortfall in supplies as sanctions mount on Russia.

March 1, 2022
BusinessSafety

2022 State Truck Driving Championships Schedule

Here is the 2022 weekly schedule for state truck driving championships. Winners in each of nine categories advance to the National Truck Driving and Step Van Driving Championships in Indianapolis, Aug. 16-20.

March 1, 2022
Business

Reduce Tolling Headaches with INFORM Tolling

Solve the challenges of toll invoices with INFORM Tolling from PrePass! Read this new guide and learn how this easy-to-use tolling software provides tools to: identify areas for toll savings, streamline toll disputes, manage violations, prevent fraud and more!

March 1, 2022