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.

GovernmentBusiness

California Trucking Association Takes AB 5 Case to Supreme Court

The California Trucking Association is asking the U.S. Supreme Court to review a state independent contractor law — known as AB 5 — that it argues should be exempt from enforcement for motor carriers based on federal pre-emption.

August 10, 2021
GovernmentBusiness

Big Win for $1 Trillion Infrastructure Bill With Senate Passage

With a robust vote after weeks of fits and starts, the Senate approved a $1 trillion bipartisan infrastructure plan Aug. 10, a rare coalition of Democrats and Republicans joining to overcome skeptics and deliver a cornerstone of President Joe Biden’s agenda.

August 10, 2021
BusinessTechnologyAutonomous

Lightning Soars on Deal With Buffett-Backed Bus Maker

Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker.

August 10, 2021
GovernmentBusinessLogistics

Railroad Bidding War Back On: CP Ups Bid for KCS

NEW YORK — Canadian Pacific has upped its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National.

August 10, 2021
GovernmentBusinessTechnologySafety

Permian Basin Gets Vote of Confidence With Infrastructure Plan

The region at the heart of the once-booming U.S. shale industry is signaling confidence in a nascent recovery after the pandemic crushed demand and curtailed oil and gas drilling.

August 9, 2021
BusinessEquipment

Bridgestone Breaks Ground on Expansion of Kentucky Air Springs Plant

Bridgestone Americas broke ground on a $51 million expansion to its air springs production facility in Williamsburg, Ky., the company said recently. 

August 9, 2021
BusinessTechnology

Trucker Tools Partners With Anytrek to Expand Carrier Visibility

Trucker Tools has partnered with Anytrek to expand information available in its real-time visibility platform, the companies announced Aug. 3.

August 9, 2021
BusinessTechnologyEquipmentTop 100

Xos to Supply FedEx Ground With 120 Medium-Duty EVs

Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced an agreement to deliver 120 zero-emission, medium-duty electric trucks to 35 different FedEx Ground operators in five states.

August 9, 2021
BusinessTechnologyEquipmentLogisticsTCA

Startup TextLocate Seeks to Improve Freight Tracking

In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.

August 9, 2021
BusinessTechnologyEquipmentFuelLogistics

Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil

A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.

August 9, 2021