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.

BusinessTechnologyAutonomous

Toyota Tech Arm Plans Self-Driving Acquisition Spree

Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.

July 14, 2021
BusinessLogistics

Wildfire Threat Halts Some CN Rail Traffic Again

Canadian National Railway Co. told its customers on July 14 that it’s temporarily suspending operations in parts of British Columbia due to wildfires, the latest snarl to rail traffic in the region after recent track damage left thousands of cars idled.

July 14, 2021
BusinessEquipment

June Medium-Duty Sales Second-Highest in 2021

Classes 4-7 U.S. retail sales rose in June to the second-highest level of the year as they cleared 20,000 units, with all segments improving over the same period last year, WardsAuto .com reported.

July 14, 2021
BusinessTechnologyEquipment

DTNA Names Scott Kuebler On-Highway Sales VP

Daimler Trucks North America announced that Scott Kuebler was appointed to serve as vice president for on-highway sales.

July 14, 2021
GovernmentBusinessEquipmentSafety

Rail Stakeholders Push 15-Year Plan for Northeast Corridor

WASHINGTON — As Congress eyes an infrastructure package, a coalition of transportation agencies and Amtrak on July 14 released a 15-year plan of rail improvements for the congested Northeast Corridor that would boost daily train routes and significantly speed travel on Acela express lines.

July 14, 2021
GovernmentBusinessTechnologyEquipment

FMCSA Plans to Increase Windshield Area to Mount Safety Devices

The Federal Motor Carrier Safety Administration has issued a proposal to amend its regulations to increase the allowable area vehicle safety technology devices may be mounted on the interior of commercial motor vehicle windshields.

July 14, 2021
GovernmentBusiness

Senate Democrats’ $3.5 Trillion Budget Deal Backs Up Biden’s Goals

WASHINGTON — Senate Democrats say they have reached a budget agreement that envisions spending an enormous $3.5 trillion over the coming decade, paving the way for their drive to pour federal resources into climate change, health care and family service programs sought by President Joe Biden.

July 14, 2021
BusinessTechnologyEquipmentFuel

UK Vows to End Sales of New Petrol, Diesel Heavy Vehicles by 2040

The U.K. will end the sale of all new diesel and petrol heavy goods vehicles by 2040 and ultimately decarbonize all modes of domestic transport by 2050, under government plans.

July 14, 2021
BusinessEquipment

June Trailer Orders Reach 11,000

U.S. trailer orders in June came in at 10,952 units, down from 13,441 a year earlier, ACT Research reported, marking the first year-over-year decline in net orders since May 2020.

July 13, 2021
GovernmentBusinessFuel

Oil Tops $75 a Barrel, Hitting 33-Month High

Oil rose to the highest price in more than 2 1/2 years as prospects of an imminent flood of crude exports from Iran and other major producers waned while the International Energy Agency warned of a deepening supply crunch.

July 13, 2021