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.

GovernmentBusinessLogistics

West Coast Ports Need More Funds, Seroka Says

The federal government needs to invest more in West Coast ports, said the head of the Port of Los Angeles, which is the nation’s biggest gateway to Asia and is grappling with record backlogs.

September 27, 2021
BusinessLogistics

Xcel Bulk Logistics Acquires 1845’s Commercial Bulk Division

Xcel Bulk Logistics announced that it has acquired the 1845 Commercial Bulk Division.

September 27, 2021
BusinessTechnologyFuel

Xos to Use Cox Automotive Mobility for Battery Remanufacturing

Xos Inc., a manufacturer of Classes 5-8 battery-electric commercial vehicles, announced a collaboration with Cox Automotive Mobility to leverage the automotive services provider’s remanufacturing capabilities for Xos battery packs.

September 27, 2021
BusinessTechnologyLogistics

Prime Partners With Mastery to Implement Cloud-Based TMS

Prime Inc. announced a partnership with Mastery Logistics Systems to implement a cloud-based transportation management system.

September 27, 2021
GovernmentBusinessSafetyFuel

Trucker Visa Move to Get Gas Flowing in UK Called Inadequate

Boris Johnson caved in to industry demands to issue visas to foreign truck drivers, as a crisis that has led to panic-buying at gas stations and empty supermarket shelves threatens to undermine his government.

September 27, 2021
BusinessTechnologySafety

Vocational Segment Increases Adoption of Advanced Safety System Technology

As the rate of adoption of driver-assist safety technology continues to rise with over-the-road fleets, the vocational truck market — fleets consisting of dump trucks, utility trucks and public transit vehicles — is also experiencing the increase of such industry applications.

September 27, 2021
GovernmentBusinessLogisticsTCA

Pandemic, Amazon Driving Growth of Minnesota Mega-Business Centers

An enormous new kind of trucking center is rolling into the Twin Cities — thanks in part to the pandemic and the home-delivery giant Amazon.com Inc.

September 27, 2021
BusinessTechnologyEquipmentFuel

EV Maker Polestar Valued at $20 Billion in SPAC Deal

Polestar, the electric vehicle maker backed by Volvo Car Group and actor Leonardo DiCaprio, agreed to go public through a merger with a blank-check company at a roughly $20 billion enterprise valuation.

September 27, 2021
GovernmentBusinessTechnologyEquipment

Orders for Business Equipment Rise for Sixth Straight Month

Orders placed with U.S. manufacturers for business equipment strengthened in August, extending to six months a solid run of robust capital investment that’s helping fuel economic growth.

September 27, 2021
GovernmentBusinessSafety

House Vote on Infrastructure Pushed to Sept. 30

WASHINGTON — With President Joe Biden’s broad domestic agenda at risk of collapse, House Speaker Nancy Pelosi on Sept. 26 vowed that Democrats will pass a bipartisan infrastructure bill this week and push ahead on the bigger $3.5 trillion social safety net and climate change bill while acknowledging the total amount will drop.

September 27, 2021