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.

BusinessTechnology

Apex Capital Launches 24/7 Freight Factoring Service

Apex Capital launched a new service that allows its clients to factor freight invoices during off hours, the company announced Sept. 22.

September 24, 2021
BusinessTechnologySafetyAutonomous

Pass the Test and Tesla Owners Might Get Full Self-Driving Beta Access

The wait is almost over for some Tesla Inc. customers to get access to driver-assistance technology the company has marketed in controversial ways 鈥 as long as they鈥檙e on their best behavior.

September 24, 2021
GovernmentBusiness

Biden: Budget Talks Have Hit 鈥楽talemate鈥

WASHINGTON 鈥 President Joe Biden said Sept. 24 that talks over his $3.5 trillion rebuilding plan have hit a 鈥渟talemate鈥 in Congress as he made the case for his expansive effort to recast the nation鈥檚 tax and spending programs and make what he sees as sweeping, overdue investments.

September 24, 2021
GovernmentBusinessTCA

Pittsburgh Unveils Long-Term Transportation Blueprint

Picture Pittsburgh 50 years from now with these transportation changes: a terminal in a central location to handle a hyperloop system, vehicles for vertical takeoffs and landings, and high-speed trains; aerial trams linking neighborhoods; and new bridges crossing the Monongahela River at Hazelwood for motorized vehicles and at the former Wabash rail bridge piers for bikes and pedestrians.

September 24, 2021
BusinessTechnologyFuel

Mercedes-Benz Plans $8.2 Billion European Battery Venture

Daimler AG will team up with Stellantis NV and TotalEnergies SE to boost the scale of their European battery venture to more than 7 billion euros ($8.2 billion) in a move to secure supplies for electric Mercedes-Benz cars.

September 24, 2021
GovernmentBusiness

UK Scrambles for Truckers Amid Supply Woes

The U.K. is short tens of thousands of drivers, as factors including Brexit and the coronavirus pandemic converge to create a supply chain crunch.

September 24, 2021
GovernmentBusinessTechnologySafety

Port of Houston Fended Off Hacking Attempt

The Port of Houston issued a statement Sept. 23 saying it had successfully defended against an attempted hack in August and 鈥渘o operational data or systems were impacted.鈥

September 24, 2021
GovernmentBusinessEquipment

Mack Defense Delivers Heavy Dump Trucks to US Army

ALLENTOWN, Pa. 鈥 Mack Defense officially delivered to the U.S. Army and the U.S. Army Reserve the first M917A3 heavy dump trucks during a tented ceremony Sept. 23.

September 23, 2021
BusinessTechnologyEquipment

Western Star Launches 47X Model for Weight-Sensitive Vocational Market

Daimler Trucks North America has introduced the Western Star 47X vocational model, a Class 8 truck intended for lighter-weight applications than the heavier 49X introduced in September 2020.

September 23, 2021
BusinessTechnologyFuel

Maersk Buys Stake in Electrofuel Startup in Race to Ditch Oil

A.P. Moller-Maersk A/S is investing in a startup that develops electrofuels as part of a strategy to own technologies that can help it become carbon neutral.

September 23, 2021