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.

BusinessLogisticsTop 100

Unveiling the 2021 Top 100 For-Hire Carriers

The trucking firms that appear on the 2021 Transport Topics Top 100 For-Hire Carriers list are split nearly evenly between companies that reported a revenue decline in 2020 and those that still managed to grow during the year of COVID-19.

June 18, 2021
BusinessLogisticsTop 100

Trucking Turns From Pandemic to Prosperity

After navigating the disruption and uncertainty wrought by the coronavirus pandemic last year, the trucking industry has entered a historically strong business environment that many analysts expect to endure for the rest of 2021 and beyond.

June 18, 2021
GovernmentBusiness

Biden’s Rejection of Gas Tax Casts Doubt on Infrastructure Deal

The White House reiterated President Joe Biden’s opposition to indexing the gasoline tax to inflation to help pay for an infrastructure plan, raising new questions about the viability of a bipartisan compromise emerging in the Senate.

June 18, 2021
BusinessTechnology

Mitchell 1 Adds VMRS Codes to Truck Repair Software

Mitchell 1 announced it added Vehicle Maintenance Reporting Standards codes to its TruckSeries suite of truck repair software solutions that help technicians estimate labor times, and diagnose and repair all makes of trucks in Classes 4-8.

June 18, 2021
BusinessTechnology

Truckstop.com, Revenova Announce Book It Now Integration

Truckstop .com announced it has integrated its Book It Now service with the transportation management solutions company Revenova.

June 18, 2021
BusinessTechnologyEquipmentAutonomous

Bridgestone Invests in Kodiak Robotics

Bridgestone Americas announced it made a minority investment in self-driving truck technology company Kodiak Robotics Inc.

June 18, 2021
BusinessTechnology

Bosch to Supply Air Compressors to Cellcentric

Bosch announced it signed a long-term agreement to supply electric air compressors with integrated power electronics to Cellcentric, a joint venture of Daimler Truck AG and Volvo Group AB focused on developing hydrogen fuel cell systems.

June 18, 2021
BusinessTechnologyEquipment

Xos Forms Powertrain Division

Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.

June 18, 2021
BusinessTechnologyLogisticsAutonomousTop 100TCA

FedEx to Test Nuro Autonomous Delivery Vehicles

STATEN ISLAND, N.Y. — FedEx Corp. announced June 15 that it has partnered with Nuro, one of the nation’s leading autonomous vehicle companies, to test the use of driverless vehicles for multistop and appointment-based deliveries in Houston.

June 18, 2021
BusinessFuel

After Blowing $300 Billion, US Shale Finally Makes Money

After years of booms and busts that produced astronomical losses along with a whole lot of oil, the fracking industry seems to have found a sweet spot. It’s poised to generate more than $30 billion of free cash this year.

June 18, 2021