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.

BusinessEquipment

VW Charged With Deceit Over Diesel

French investigators said Volkswagen AG has been charged in a fresh crackdown on alleged deception over diesel emissions that also has embroiled rival Renault SA.

June 9, 2021
BusinessTechnologyLogistics

Airbus Set to Move Ahead With A350 Freighter Within Weeks

Airbus SE is poised to begin taking orders for a freighter version of its A350 wide-body as soon as next month, in a challenge to Boeing Co.’s dominance in the market for dedicated cargo aircraft.

June 9, 2021
GovernmentBusiness

Democratic, GOP House Members Pitch New Infrastructure Plan

A group of Democratic and Republican U.S. House members that is trying to keep alive the hope of a bipartisan infrastructure package said late June 8 agreement had been reached on $761.8 billion in new spending over eight years.

June 9, 2021
GovernmentBusinessTechnologyEquipment

Biden Will Need More Than $52 Billion for Chip Effort, Analysts Say

President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China.

June 9, 2021
GovernmentBusiness

Biden-Capito Infrastructure Talks End With No Deal

President Joe Biden ended talks with Republican Sen.Shelley Moore Capito on an infrastructure plan without a deal, after failing to reach agreement on the scope of spending or how to pay for it.

June 8, 2021
BusinessEquipment

Whiting Systems Opens New Welding Facility

Whiting Systems opened a new welding facility that will allow manufacturing processes to be faster for customers, the company announced last month.

June 8, 2021
GovernmentBusinessTechnologyFuel

Lordstown Motors Reveals Cash Crisis

Lordstown Motors Inc., an electric-vehicle startup that recently went public, said it may not have the cash to get its debut pickup truck to market — and might not last as a company in the next 12 months if it can’t raise more capital.

June 8, 2021
BusinessTechnologyLogisticsTCA

Walmart, Target Unveil Own Versions of Amazon Prime Day

Not to be outdone, Walmart and Target have announced they will hold big sales that will compete with Amazon Prime Day.

June 8, 2021
BusinessEquipment

Navistar Posts Surge in Fiscal Q2 Net Income

Navistar International Corp., the parent company of International brand trucks, reported a surge in net income and increased revenue for its fiscal second quarter as truck orders rose and it increased production.

June 8, 2021
BusinessLogisticsTop 100

Manager’s Road Back to Baseball Took a Trucking Turn

Phillip Wellman is a baseball lifer, but a stint as a trucking fleet manager left an indelible impression.

June 8, 2021