Trucking Business News

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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.

GovernmentBusinessLogistics

UK May Ease Curbs on Foreign Trucks

The British government is considering suspending restrictions on the number of drop-offs that foreign truck drivers can make on trips to the U.K. in an effort to ease the country’s supply chain problems.

October 14, 2021
GovernmentBusinessFuel

Dems Scrutinize Abandoned Offshore Oil Equipment

House Democrats began making the case Oct. 14 for stricter regulation of thousands of abandoned wells, platforms and pipelines off the U.S. coasts following one of the biggest offshore spills in California in nearly 30 years.

October 14, 2021
BusinessTechnologyFuel

Cummins to Add 15-Liter Natural Gas Engine to Lineup

Cummins Inc. announced it will bring to market a 15-liter natural gas engine for heavy-duty trucks.

October 14, 2021
BusinessTechnologyEquipmentAutonomous

Volvo Integrates Aurora Driver on Autonomous VNL Model

Volvo Autonomous Solutions announced its first major steps toward the autonomous Volvo VNL model in North America, drawing on its partnership with Aurora Innovation Inc., a self-driving vehicle technology company.

October 14, 2021
GovernmentBusiness

Wholesale Prices Rose Record 8.6% Over 12 Months

WASHINGTON — Inflation at the wholesale level rose 8.6% in September compared to a year ago, the largest advance since the 12-month change was first calculated in 2010.

October 14, 2021
GovernmentBusiness

Unemployment Claims Fall to Lowest Level Since Pandemic

WASHINGTON — The number of Americans applying for unemployment benefits fell to its lowest level since the pandemic began, a sign the job market is still improving even as hiring has slowed in the past two months.

October 14, 2021
BusinessEquipment

Deere Workers Go On Strike After Rejecting Contract

MOLINE, Ill. — More than 10,000 Deere & Co. workers went on strike Oct. 13, the first major walkout at the agricultural machinery giant in more than three decades.

October 14, 2021
BusinessTechnologyFuel

Ford Exits Rivian Board Ahead of Startup’s IPO

Ford Motor Co. has vacated its seat on the board of Rivian Automotive Inc. as the electric truck startup prepares to go public with an expected valuation of $80 billion.

October 13, 2021
BusinessEquipmentLogistics

Amazon Seeks Used Long-Range Cargo Jets

Amazon .com Inc. is shopping for used long-range Boeing Co. and Airbus SE cargo planes, according to people familiar with the matter, the latest evidence of the e-commerce giant’s ambitions to move products across borders itself.

October 13, 2021
BusinessTechnologyAutonomous

Aurora Details Rollout Plans, Readies Nasdaq Trading

Self-driving commercial vehicle developer Aurora Innovation Inc. has released details on how it will bring its technology to market, starting with autonomous trucking services in 2023.

October 13, 2021