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.

GovernmentBusinessTechnology

Port Traffic Jam May Be to Blame in California Oil Spill

An unremitting shipping logjam in the waters outside of Los Angeles already has contributed to higher costs, delays and intermittent goods shortages across the U.S. Now, it could be to blame for California’s biggest oil spill in 27 years.

October 7, 2021
GovernmentBusinessSafety

FMCSA Rule Gives States 60 Days to Revoke CDLs for Drug Violations

Federal trucking regulators are cracking down on state driver licensing agencies, requiring that they keep a closer watch for commercial motor vehicle drivers with drug or alcohol violations, and removing their driving privileges within 60 days after being notified of a test failure.

October 6, 2021
BusinessEquipmentLogistics

Holiday Shopping Season Will Test Supply Chain, Experts Say

With shoppers already starting to purchase gifts and other items earlier than usual for the upcoming holiday season, concerns are growing that the already strained international supply chain will not be able to handle the crush of goods.

October 6, 2021
GovernmentBusinessSafety

White House Restoring Environmental Reviews Trump Nixed

WASHINGTON — In the latest reversal of a Trump-era environmental rollback, President Joe Biden is restoring federal regulations guiding environmental reviews of major infrastructure projects such as highways and pipelines. The reviews were scaled back by the Trump administration in a bid to fast-track the projects.

October 6, 2021
BusinessTechnologyFuelAutonomous

GM Vows to Surpass Tesla in Electric Vehicle Sales

WARREN, Mich. — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.

October 6, 2021
BusinessTechnologyEquipmentSafety

Netradyne Updates Processing Power of Driver Safety System

Netradyne updated its driver safety system with new features and an improved processor to better manage real-time data, the company announced Oct. 6.

October 6, 2021
BusinessTechnologyLogisticsAutonomousTop 50

GXO, Abercrombie & Fitch to Open Automated Distribution Center

GXO Logistics and Abercrombie & Fitch Co. announced an agreement Oct. 6 to open a new distribution center that will blend traditional staffing with automation.

October 6, 2021
BusinessTechnologyEquipmentFuel

Volvo Wins Biggest Electric Truck Order

Volvo Trucks announced DFDS, one of Europe’s largest shipping and logistics companies, placed an order for 100 Volvo FM series electric trucks, and noted it is the truck maker’s largest such order and one of the largest of its type yet in trucking.

October 6, 2021
GovernmentBusinessSafety

In Budget Turning Point, Biden Conceding Smaller Price Tag

WASHINGTON — President Joe Biden and congressional Democrats’ push for a 10-year, $3.5 trillion package of social and environmental initiatives has reached a turning point, with the president repeatedly conceding that the measure will be considerably smaller and pivotal lawmakers flashing potential signs of flexibility.

October 6, 2021
Business

US Companies Add Most Jobs in Three Months, ADP Data Shows

U.S. companies added more jobs than forecast in September, the most since June, suggesting that ongoing hiring challenges are beginning to ease as more Americans return to the workforce.

October 6, 2021