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

Hino Launches Latest Connected Vehicle Platform

Hino Trucks, a Toyota Group company, announced the introduction of Hino Edge, the truck maker’s third-generation connected vehicle platform.

November 1, 2021
BusinessLogistics

Manufacturing Growth in US Eases as Supply Chain Issues Linger

Persistent supply chain challenges continued to weigh on U.S. manufacturers in October, lengthening supplier delivery times and bloating a measure of inventories.

November 1, 2021
BusinessLogistics

Cargo Transporters Announces Pay, PTO Increases for Drivers

Cargo Transporters instituted its third, and largest, driver pay and compensation increase for 2021, the carrier announced Oct. 27.

October 29, 2021
BusinessEquipment

Fontaine Heavy-Haul Adds 60-Ton Trailer

Fontaine Heavy-Haul announced the launch of its Magnitude 60HD modular low-bed trailer.

October 29, 2021
BusinessTechnologyEquipment

Daimler Q3 Net Income Rises Slightly, Revenue Dips

Daimler AG reported modestly higher net income and a dip in revenue in the third quarter as truck sales rose, but sales of Mercedes-Benz vehicles plunged.

October 29, 2021
GovernmentBusinessFuel

EV Plan Runs Afoul of USMCA, Canada Parts Chief Warns

President Joe Biden’s proposed incentives for U.S. electric-car buyers could be challenged under the North American trade pact, a Canadian auto industry leader warned.

October 29, 2021
BusinessTCA

Florida Trucking Jobs in High Demand

Thousands of trucking jobs need to be filled in Florida and trucking companies are offering sign-on bonuses as high as $15,000 to entice applicants with commercial driver licenses.

October 29, 2021
BusinessLogisticsTop 100

Werner Reports Revenue, Earnings Growth for Q3

Werner Enterprises achieved record third-quarter earnings per share despite supply chain and labor woes, the company reported Oct. 28.

October 29, 2021
GovernmentBusinessLogisticsTop 50

Lineage Adds Automated Facility in Virginia

Lineage Logistics announced the opening of its fully automated facility located adjacent to the Port of Virginia’s Virginia International Gateway in Portsmouth, which offers an integrated network of highways, air, rail and sea services.

October 29, 2021
BusinessTechnologyLogistics

Amazon Stake in Rivian Disclosed as 20%

Amazon .com Inc. owns a 20% stake in electric vehicle maker Rivian Automotive Inc., the startup with which it has placed an order for 100,000 battery-powered delivery vans, the e-commerce giant disclosed Oct. 29 in a securities filing.

October 29, 2021