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.

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
BusinessLogisticsTop 100

Revenue Rises, Profit Drops for Mullen Group in Q3

Canadian carrier Mullen Group Ltd. reported record revenue but saw profits decline in the third quarter.

November 5, 2021
GovernmentBusinessSafetyLogistics

Texas Expands CDL Testing to 6 Days a Week

Texas is expanding truck driver license testing to six days a week in response to a nationwide shortage that has contributed to supply chain snarls across the economy.

November 4, 2021
GovernmentBusinessSafety

Maine Voters Approve $100M Transportation Bond

Maine voters backed a question Nov. 2 authorizing another $100 million in transportation bonds, the seventh straight year the state has approved such a referendum aimed at addressing funding shortfalls for crucial infrastructure.

November 4, 2021
BusinessEquipment

October Class 8 Orders Near 22,000

North American Class 8 orders in October nearly hit 22,000, according to ACT Research.

November 4, 2021
BusinessTechnologyEquipmentLogisticsAutonomousTop 100

UPS, TuSimple Expand Partnership

UPS and TuSimple plan to expand their relationship by adding routes where TuSimple will move cargo in autonomous Class 8 trucks in the southeastern and western U.S.

November 4, 2021
Business

US-Canada Trade Spat on Trees Adds to Lumber Swings

As if things weren’t volatile enough in the lumber market, a Canada-U.S. trade tussle will make things worse.

November 4, 2021
GovernmentBusinessTechnologySafety

Truckers Exempt From Vaccine Mandate, Labor Secretary Says

Truck drivers traveling alone in their cabs are exempt from a new interim final rule mandating that employees for large private companies get COVID-19 vaccinations, according to a statement by U.S. Labor Secretary Marty Walsh.

November 4, 2021
GovernmentBusinessFuel

OPEC+ Rejects Biden’s Plea for Bigger Oil-Supply Increase

OPEC and its allies will stick to their slow pace of oil-production increases, disregarding President Joe Biden’s demand to go faster.

November 4, 2021
BusinessLogistics

The Economic Impact of Supply Chain Disruptions

While some ports have announced a move to 24/7 operations, supply chain disruptions are expected to persist through 2022 and - with holiday season around the corner - what does this mean for the nation's retailers?

November 4, 2021