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

Workforce Diversity Plays Vital Role, Industry Executives Say

NASHVILLE, Tenn. — A diverse workforce operating in a culture of inclusivity is essential for freight firms to succeed in an ever-evolving competitive marketplace, trucking executives said Oct. 24 at American Trucking Associations’ Management Conference & Exhibition here.

October 24, 2021
BusinessSafety

Driver Shortage Again Tops ATRI Top Industry Issues List

NASHVILLE, Tenn. — For the fifth year in a row, the worsening shortage of drivers in the trucking industry leads the American Transportation Research Institute list of Top Industry Concerns.

October 24, 2021
Business

Video: MCE Day 1 Recap

Transport Topics Executive Editor Joe Howard recaps events of Saturday, Oct. 23, 2021, at American Trucking Associations' Management Conference & Exhibition.

October 24, 2021
GovernmentBusinessLogistics

Long Beach Relaxes Container-Stacking Rule

Officials in Long Beach, Calif., relaxed restrictions on storing shipping containers in a bid to ease a bottleneck that’s left nearly 80 vessels waiting offshore to enter the biggest U.S. gateway for ocean freight.

October 23, 2021
GovernmentBusinessTechnologySafetyAutonomous

Experts Tout Advanced Safety Technologies for Trucks

NASHVILLE, Tenn. — Strategies for increasing the awareness and adoption of new safety technologies for trucks were outlined during the first day of American Trucking Associations’ Management Conference & Exhibition here at the Music City Center.

October 23, 2021
BusinessTechnologyEquipment

GM Plants That Closed Due to Chip Shortage to Reopen Nov. 1

DETROIT — For the first time in eight months, the global shortage of computer chips won’t force General Motors to keep any North American factories closed.

October 22, 2021
BusinessTechnologyAutonomous

Gatik, Ryder Cooperate on Autonomous MD Fleet

Autonomous technology developer Gatik announced it will lease from Ryder System Inc. a fleet of medium-duty, multi-temperature box trucks designed for transporting goods autonomously to retail locations.

October 22, 2021
GovernmentBusinessSafety

Stevens Transport Driver Burris Honored as Highway Angel

Royford Burris, a professional truck driver with Stevens Transport, was awarded the 2020 Highway Angel of the Year. The designation, also known as EpicAngel, is given by the Truckload Carriers Association and its presenting sponsor, EpicVue.

October 22, 2021
BusinessTechnologyEquipmentFuelAutonomous

Volvo Income, Revenue Rise Despite Supply Chain Disruptions

Volvo Group reported strong third-quarter earnings and revenue gains in the face of chip shortages and other issues caused by global supply chain disruptions.

October 22, 2021
GovernmentBusiness

Congressional Republicans Sound Alarm Over Supply Chains

WASHINGTON — Supply chain bottlenecks at the ports and rising prices for certain goods are indicative of the administration’s inability to respond to the COVID-19-era economy, a large contingent of congressional Republicans told President Joe Biden.

October 22, 2021