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.

BusinessTechnologyFuel

Tesla Delivers Record 201,250 Cars in Second Quarter

Tesla Inc. delivered 201,250 cars worldwide in the second quarter, a record for the electric-car maker led by CEO Elon Musk.

July 2, 2021
GovernmentBusinessLogistics

Trade Deficit Increased to Second Biggest on Record in May

The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.

July 2, 2021
GovernmentBusiness

Job Growth Surges Most in 10 Months, Jumping Past Forecast

U.S. job growth accelerated in June, with payrolls gaining the most in 10 months, suggesting firms are having greater success recruiting workers to keep pace with the broadening of economic activity.

July 2, 2021
BusinessSafety

Fourth of July Poses Increased Risk for Cargo Thefts

The Fourth of July holiday weekend could see an increase in cargo thefts based on trends of past years, according to theft prevention and recovery service CargoNet.

July 1, 2021
Business

3 Steps to Success: Understand, Identify, & Address Your Fleet’s Driver Turnover

With turnover at truckload fleets ranging from 69% to 90% and the cost to replace a single driver sitting anywhere from $8,234- $20,729, addressing driver turnover should be top of mind for most fleets. 

July 1, 2021
BusinessTechnologyTop 100

Navistar Merges With Traton Group in $3.7 Billion Deal

Navistar International Corp. announced it merged with Munich-based Traton Group in a transaction valued at $3.7 billion, finalizing a strategic alliance launched in 2017.

July 1, 2021
BusinessEquipmentLogisticsTop 100

LTL Trucking Enters Summer With Strong Tailwinds

The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.

July 1, 2021
GovernmentBusiness

House Approves $715 Billion Highway Policy Bill

Legislation that would update the country’s highway and wastewater policies was approved by the U.S. House of Representatives on July 1, an effort by congressional Democrats to advance President Joe Biden’s multitrillion-dollar infrastructure agenda.

July 1, 2021
BusinessLogisticsTop 50

Port Operator DP World Buys Syncreon in $1.2 Billion Deal

One of the world’s largest port operators, DP World, said July 1 it had acquired American logistics firm Syncreon Holdings in a $1.2 billion deal, the latest investment as the maritime company pushes to expand farther afield.

July 1, 2021
GovernmentBusinessSafetyLogistics

Vermont Officials Continue Effort to Keep Trucks Out of Smugglers’ Notch

Vermont transportation officials are leading an effort to keep large commercial vehicles out of Smugglers’ Notch, a twisting mountain pass on which numerous truckers have gotten stuck over the years.

July 1, 2021