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.

GovernmentBusinessSafety

Minneapolis Council Committee Passes Citywide Truck Parking Restrictions

The Transportation and Public Works Committee of the Minneapolis City Council on June 23 approved an ordinance amendment that would limit truck parking in the city.

June 24, 2021
GovernmentBusinessEquipment

US Durable Goods Orders Rise 2.3% in May

Orders to U.S. factories for big-ticket manufactured goods rose for the 12th time in the last 13 months in May, pulled up by surging demand for civilian aircraft.

June 24, 2021
GovernmentBusinessTechnologyFuelLogistics

Infrastructure Deal Closer With Biden, Senators Meeting June 24

President Joe Biden and a group of bipartisan senators are close to agreement on a $559 billion infrastructure plan that would fulfill one of his top priorities, according to lawmakers and officials familiar with the discussions.

June 24, 2021
GovernmentBusiness

US Jobless Claims Tick Down to 411,000 as Economy Heals

The number of Americans applying for unemployment benefits dropped in the week ended June 19, a sign that layoffs declined and the job market is improving.

June 24, 2021
GovernmentBusiness

Senators Bringing Bipartisan Infrastructure Deal to Biden Today

WASHINGTON — A bipartisan group of senators reached a tentative framework on a $953 billion infrastructure deal June 23 ahead of a crucial meeting with President Joe Biden at the White House.

June 23, 2021
BusinessEquipment

Some Used Vehicles Now Cost More Than Original Sticker Price

When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used.

June 23, 2021
Business

Trucking Lawyers Should Share Defense Strategies, Author and Noted Attorney Says

For more than a year, prominent San Diego defense attorney Robert Tyson has been scolding his colleagues for not sharing trial defense strategies to beat plaintiff attorneys in the nation’s courtrooms. Here are his tactics for winning in court.

June 23, 2021
GovernmentBusinessTechnologyEquipment

FET on Heavy-Duty Trucks Deters Sales, ATD Says

Industry-led attempts to repeal the 12% federal excise tax on heavy-duty trucks, which also covers trailers more than 26,000 pounds, went — yet again — to Capitol Hill.

June 23, 2021
BusinessTechnologyFuel

Proterra Eyes US Battery-Cell Facility Within Next Few Years

Proterra Inc., the electric-bus and battery maker that joined the Nasdaq Global Select Market, is planning a domestic battery-cell manufacturing facility within the next few years.

June 23, 2021
GovernmentBusiness

US June Manufacturing Index at Record High, Services Dip

A measure of U.S. manufacturing activity expanded in June at the fastest pace in records dating back to 2007, fueled by easing pandemic restrictions and a strengthening domestic economy.

June 23, 2021