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.

GovernmentBusiness

US Factory Expansion Is Solid; Price Gauge Highest Since 1979

U.S. manufacturing continued to expand at a solid, yet slightly slower pace in June while a measure of prices paid for materials jumped to an almost 42-year high.

July 1, 2021
Business

Former America’s Road Team Captain Jeff Thompson Dies at 63

Jeffery Kelley Thompson of Olathe, Kan., who served as an America's Road Team Captain appointed in 2009, died June 20.

July 1, 2021
BusinessTechnologyFuelLogistics

Amazon Says Its Carbon Footprint Grew 19% Last Year

Amazon said June 30 that its carbon footprint grew 19% last year as it rushed to deliver a surge of online orders during the pandemic.

July 1, 2021
GovernmentBusinessTechnologyFuel

White House Releases State-By-State Infrastructure Guides

President Joe Biden’s team is intensifying its pressure on Republicans opposed to a bipartisan infrastructure agreement by spotlighting crumbling roads and bridges on a state-by-state basis that the funding could be used to rebuild.

July 1, 2021
GovernmentBusiness

State Jobless Claims Post Larger-Than-Expected Decline

Applications for U.S. state unemployment insurance fell last week by more than projected, reaching a fresh pandemic low and suggesting that dismissals are abating as the economy reopens and labor demand rises.

July 1, 2021
GovernmentBusiness

Perspective: Promoting Inclusiveness Is Every Trucking Leader's Responsibility

Today’s young people want to live and work in diverse and inclusive communities, and are looking for companies that share that vision. U.S. Xpress President Eric Fuller says he can address these issues within his company, but it is the responsibility of all trucking leaders to look out for the industry.

June 30, 2021
GovernmentBusinessTechnologyFuel

DOT Announces $905 Million in INFRA Grant Awards

U.S. Department of Transportation Secretary Pete Buttigieg announced June 30 that the agency plans to award $905 million in grants through the Infrastructure for Rebuilding America program.

June 30, 2021
BusinessTechnologyLogisticsTop 50

DP World Nears $1.2 Billion Deal for Logistics Firm Syncreon

DP World is nearing an acquisition of Syncreon Holdings Ltd. in a deal that could value the U.S. supply chain services company at about $1.2 billion, according to people familiar with the matter.

June 30, 2021
BusinessTechnology

Rand McNally Names Aaron Dannenbring as CEO

Rand McNally has appointed Aaron Dannenbring as its new CEO, the transportation technology company announced June 30.

June 30, 2021
GovernmentBusinessTechnologyEquipmentFuel

Mack to Sell LR Electric Refuse Trucks to DSNY

Mack Trucks announced the New York City Department of Sanitation plans to purchase seven Mack LR Electric refuse models, which will operate in each of the city’s boroughs.

June 30, 2021