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

Harold Sumerford Jr. Elected ATA’s 77th Chairman

NASHVILLE, Tenn. — American Trucking Associations closed out its 2021 Management Conference & Exhibition with a celebratory evening after electing Harold Sumerford Jr. as the federation’s 77th chairman.

October 26, 2021
BusinessEquipment

Paccar Sees Net Income Soften, Revenue Rise in Q3

Paccar Inc. reported mixed results with lower net income and higher revenue in the third quarter as undelivered new trucks stacked up but its parts segment notched record revenue.

October 26, 2021
BusinessTechnologyFuelLogistics

GM to Install 40,000 Public EV Chargers

General Motors Co. will use its dealership network to deploy up to 40,000 electric vehicle chargers across the U.S. and Canada, as the veteran automaker ramps up its shift to plug-in models.

October 26, 2021
BusinessTechnologySafety

ATA Recognizes SmartWay Honorees

NASHVILLE, Tenn. — American Trucking Associations honored 28 member companies for being recognized with the U.S. Environmental Protection Agency’s SmartWay Excellence Awards.

October 26, 2021
GovernmentBusinessLogistics

Maine Turnpike Authority Increases Toll Rates

In an effort to avert a large shortfall due to the COVID-19 pandemic, trucks and cars traveling the Maine Turnpike will pay a little bit more in tolls.

October 26, 2021
BusinessEquipmentLogistics

Retail Spending Key to Trucking Activity, ATA’s Costello says

NASHVILLE, Tenn. — Gross domestic product fell almost 3.4% in 2020, snapped back 5.4% this year and is expected to grow over 4% next year. Yet, GDP isn't what one analyst gauges trucking activity by.

October 26, 2021
Business

Video: MCE Day 3 Recap

ATA President Chris Spear's State of the Industry address highlighted Day 3 activity at MCE 2021.

October 26, 2021
Business

Pricey Lumber Is Back, Due to Supply Cuts, Labor Shortage

High lumber prices are back, even as the industry steps into what is normally a seasonal lull.

October 26, 2021
GovernmentBusinessSafety

Trucking ‘Frontline Heroes’ Honored

NASHVILLE, Tenn. — The contributions from two truckers to communities affected by natural disasters were recognized at American Trucking Associations’ annual conference.

October 26, 2021
BusinessTechnology

Dana Reports Higher Q3 Income, Revenue

Dana Inc. reported increased net income and revenue for the third quarter, citing strong customer demand in its heavy-vehicle markets.

October 26, 2021