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.

BusinessTechnologyFuelAutonomous

Embark, HP Introduce EV Drayage Within Autonomous Truck Operations

Embark Trucks Inc., developer of self-driving software for the trucking industry, has partnered with HP Inc. to combine electric and autonomous truck technology, the companies announced Sept. 14.

September 17, 2021
GovernmentBusinessLogistics

Union Pacific CEO Sees Strong Economy Coming Out of Pandemic

Union Pacific CEO Lance Fritz is working to help clear up a major backlog in imported shipments.

September 17, 2021
GovernmentBusinessTCA

Caltrans Releases Video for Highway 70-99 Corridor Plan

Caltrans released a virtual open house video presenting the California State Routes 70-99 Comprehensive Multimodal Corridor Plan (SR 70-99 CMCP), according to an agency news release.

September 17, 2021
BusinessLogistics

CN Rail Targets Cost Cuts, Share Buybacks to Fend Off Shareholder Revolt

Canadian National Railway Co. said it plans to cut spending, streamline management and buy back C$5 billion (about $4 billion) of stock next year as its tries to ward off a shareholder revolt started by TCI Fund Management Ltd.

September 17, 2021
BusinessTechnologyEquipment

ADAS Adoption Linked to Other Key Industry Issues, ATRI’s Dan Murray Says

CLEVELAND — Truckers’ acceptance of advanced driver assistance systems is a key element for fleets interested in adopting these technologies, but the industrywide driver shortage presents a challenging consideration, according to American Transportation Research Institute Senior Vice President Dan Murray.

September 16, 2021
BusinessTechnologyEquipment

Tire Data Ownership, Safety Explored

CLEVELAND — Truck tire manufacturing representatives received pushback over data ownership and safety during a panel discussion at American Trucking Associations’ 2021 Technology & Maintenance Council Fall Meeting & Transportation Technology Exhibition.

September 16, 2021
GovernmentBusinessEquipmentSafety

USDOT Officials Praise Truckers’ Contributions

Truck drivers are key to ensuring the country’s economic prosperity and maintaining safety along the highways, said top officials at the U.S. Department of Transportation.

September 16, 2021
GovernmentBusinessTechnologyFuel

Democrats Call Oil Giants to Testify on Climate Campaign

Congressional Democrats are calling top executives at ExxonMobil and other oil giants to testify at a House hearing as lawmakers investigate what they say is a long-running, industrywide campaign to spread disinformation about the role of fossil fuels in causing global warming.

September 16, 2021
GovernmentBusinessSafety

FMCSA Medical Board to Review Recalled CPAP Machines

Members of the Federal Motor Carrier Safety Administration’s medical review board are due to address uncertainties connected to a voluntary recall of some continuous positive air pressure machines, warning that truck drivers using them face potential health risks.

September 16, 2021
GovernmentBusiness

China Formally Applies to Join Asian Trade Deal Trump Abandoned

Beijing has applied to join an Asia-Pacific trade pact once pushed by the U.S. as a way to exclude China and solidify American dominance in the region.

September 16, 2021