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.

Business

‘South of the Border’ Highway Attraction Gets Upgrades

HAMER, S.C. — South of the Border, the corny Mexican-themed tourist attraction unmistakable for its huge sombrero towering over the intersection of Interstate 95 and U.S. highways 301 and 501, is receiving some upgrades.

November 5, 2021
BusinessLogisticsTop 50

Americold Third-Quarter Profit Lags, CEO Fired

Refrigerated warehouse operator Americold Realty Trust logged a large increase in third-quarter revenue, but earnings didn’t keep pace and dipped from the same period a year earlier. Americold also fired its CEO.

November 5, 2021
BusinessTechnologySafetyAutonomous

Embark Extends Partnership With Luminar

Autonomous truck software developer Embark Trucks Inc. announced a partnership with Luminar Technologies Inc. to equip Embark’s truck fleet with Luminar’s long-range lidar.

November 5, 2021
BusinessTechnologyEquipment

Navistar Adds Fleetrite Aftermarket Retail Stores

Navistar Inc. announced its Fleetrite all-makes and models aftermarket truck and bus parts segment opened five more retail locations.

November 5, 2021
BusinessTechnologyFuel

Sensata Adds EV Charging Products

Sensata Technologies announced new custom-designed high-voltage junction box solutions for charging commercial electric vehicles.

November 5, 2021
GovernmentBusinessTechnologyEquipmentFuel

DOE Provides $128 Million for Electrified Truck Development

The Department of Energy's Office of Energy Efficiency and Renewable Energy is providing funding to five original equipment manufacturers as part of its SuperTruck 3 initiative.

November 5, 2021
BusinessEquipment

FleetPride Acquires Garden Spot Frame & Alignment

FleetPride Inc. announced it acquired the assets of Denver, Pa.-based Garden Spot Frame & Alignment.

November 5, 2021
BusinessEquipmentTCA

Goodyear Says Tire Sales Rebound

Goodyear on Nov. 5 said strong replacement tire sales, its Cooper Tire acquisition and a rebound from pandemic lows in 2020 helped drive higher third-quarter revenue and net income.

November 5, 2021
GovernmentBusinessTechnologyFuelLogistics

Shipping Firms Seek Investments in Technology to Cut Emissions

GLASGOW, Scotland — Major shipping companies on Nov. 5 called for governments to put more money into researching and developing cleaner technologies to help the industry reduce its greenhouse gas emissions.

November 5, 2021
GovernmentBusiness

Hiring Rebounded in October, With 531,000 Jobs Added

WASHINGTON — America’s employers stepped up their hiring in October, adding a solid 531,000 jobs, the most since July and a sign that the recovery from the pandemic recession may be overcoming a virus-induced slowdown.

November 5, 2021