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.

BusinessTechnologyEquipmentSafetyAutonomous

Future Looks Bright for Automated Braking

CLEVELAND — Industry experts presented an in-depth analysis concerning the future of braking systems during a study group session at American Trucking Associations’ 2021 Technology & Maintenance Council Fall Meeting & Transportation Technology Exhibition.

September 16, 2021
BusinessTechnologyFuel

Exxon’s Gulf Coast Carbon Hub Gains Support of Energy Titans

An ambitious project aimed at capturing millions of tons of carbon emissions along the U.S. Gulf Coast in Texas garnered the support of some of the world’s biggest refiners and chemical manufacturers.

September 16, 2021
BusinessTechnologyFuel

Ford Expands Electric-Truck Factory in Michigan as Demand Surges

Ford Motor Co. is spending $250 million to expand its new factory producing the battery-powered F-150 Lightning as demand surges for the pickup truck, which goes on sale next year.

September 16, 2021
BusinessTechnology

J.J. Keller Launches VideoProtects Service for Geotab Users

Fleet safety and regulatory compliance firm J.J. Keller & Associates Inc. has introduced its VideoProtects video monitoring service for companies using Geotab’s connected-vehicle technology.

September 16, 2021
GovernmentBusinessEquipmentFuelTop 100

Electrification Key to FedEx’s Energy Goals, Executive Says

With industries considering adopting zero-emission sustainability operations in the coming years, a senior executive at FedEx Express recently outlined the company’s objectives related to electrifying vehicles.

September 16, 2021
GovernmentBusinessSafety

Congressional Funding Leaders Pursue Emergency Disaster Relief

The top Democrat in the U.S. Senate recently affirmed the chamber’s goal of advancing funding legislation for the federal government by the end of the month that would include disaster relief aid.

September 16, 2021
GovernmentBusinessFuel

Chevron CEO Warns of High Energy Prices, Supply Crunches

The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge to drill again, according to Chevron Corp.’s top executive.

September 16, 2021
BusinessTechnologyEquipment

Sustained Economic Recovery Ahead, Transportation Economist Predicts

GRAPEVINE, Texas — Transportation economist Donald Broughton said that the U.S. and trucking are in the early stages of a long, sustained, robust economic recovery as the country comes out of the COVID-19 pandemic.

September 16, 2021
BusinessLogistics

Ship Owner Says Commodity Freight Rates Close to Going Parabolic

An owner of commodity hauling freighters said rates for the ships are close to the point of spiking sharply higher and mirroring an unprecedented surge in costs for transporting manufactured goods.

September 16, 2021
Business

Cargill to Pay Growers for Carbon-Friendly Farming Methods

Commodity superpower Cargill Inc. is starting to pay American farmers to adopt growing practices that boost soil health and trap carbon.

September 16, 2021