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.

BusinessLogistics

Marten Transport Reports Record Q2 Financial Results

Marten Transport on July 15 reported the highest operating revenue and income in its history for the second quarter.

July 15, 2021
GovernmentBusinessSafety

Freight Policy Bill on US Senate’s Infrastructure Agenda

WASHINGTON — Policy updates and funding related to federal freight programs are being considered as part of a multitrillion dollar infrastructure bill U.S. Senate leaders plan to weigh next week.

July 15, 2021
GovernmentBusinessSafety

Werner’s 2018 Appeal of $89.7M Jury Verdict Still Awaiting Decision

An appeal of one of the largest accident verdicts in history against a motor carrier has been languishing for nearly three years in a Texas appellate court while justices who heard the arguments retired before a decision.

July 15, 2021
Business

Economy, Trucking Industry Roar Back

Economic indicators and forecasts from economists show trucking and the U.S. economy are in the midst of a strong recovery, though concerns remain about the persistent shortage of drivers and supply chain delays.

July 15, 2021
BusinessTechnology

Uber Freight Announces LTL Expansion

Uber Freight has expanded beyond truckload services and is now also offering shippers options for less-than-truckload, the company announced July 15.

July 15, 2021
BusinessTechnologyAutonomous

Self-Driving Startup Aurora Set to Go Public

Driverless technology startup Aurora Innovation Inc. has agreed to go public via a merger with Reinvent Technology Partners Y, a blank-check firm led by executives including LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus.

July 15, 2021
BusinessLogistics

Decision on Ballpark at Port of Oakland Nears Crucial Stage

Whether the Oakland Athletics build a new stadium inside the Port of Oakland facility, along the waterfront at the abandoned Howard Terminal, must be voted on soon, Major League Baseball Commissioner Rob Manfred said.

July 15, 2021
BusinessTechnologyEquipment

Daimler Profit Trounces Estimates as Shortages Lift Prices

Daimler AG posted far higher earnings than analysts expected by joining peers in commanding better pricing for vehicles in the midst of the global semiconductor shortage.

July 15, 2021
GovernmentBusiness

Jobless Claims Fall to Pandemic Low

Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts.

July 15, 2021
GovernmentBusinessSafety

Minneapolis City Council Committee OKs Amended Truck Parking Ban

The Minneapolis City Council’s Transportation and Public Works Committee on July 14 voted in favor of amendments introducing gradual fines, to accompany a proposed ban on truck parking in the city.

July 15, 2021