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.

BusinessLogistics

Exceed consumer expectations through optimized last mile logistics

Now, more than ever, transportation networks need to be reevaluated to capture demand and meet consumer needs. Omnitracs can help you find areas of improvement and adapt quickly. Read “Logistics in the Last Mile” to find out more. 

June 1, 2021
Business

Retaining Drivers for the Long Haul: 4 Strategies to Implement at Your Fleet

Many fleet professionals think high driver turnover is an inherent, time-consuming challenge of the trucking industry, but—though it may sound hard to believe—any fleet can reduce their driver turnover with a few key steps. There are four proven strategies for engaging drivers and increasing retention any fleet can implement today. 

June 1, 2021
BusinessTechnologyLogistics

Load Board Operators Streamline Processes Using Automation, Artificial Intelligence

Load board operators, logistics companies and technology vendors are increasingly utilizing improved data analytics, artificial intelligence and business-process automation to more efficiently connect loads with trucks to move them.

June 1, 2021
GovernmentBusinessSafety

Biden, Capito to Meet as Infrastructure Deadline Looms

WASHINGTON — President Joe Biden is set to meet June 2 with West Virginia Sen. Shelley Moore Capito, the top Republican negotiator on infrastructure as the administration signals time is running out to strike a bipartisan deal on the White House’s big investment proposal and top legislative priority.

June 1, 2021
GovernmentBusinessTechnology

Former Rep. Loretta Sanchez Joins UTI Board

Universal Technical Institute announced the appointment of former U.S. Rep. Loretta Sanchez (D-Calif.) to serve on its board of directors.

June 1, 2021
Business

Volvo Shareholders to Get $2.3 Billion Payout From UD Truck Sale

Volvo Group shareholders are in line for a big payout, with the truck maker planning to pass along all of the proceeds from the sale of a Japanese business earlier this year.

June 1, 2021
Business

Walmart Recognizes Baylor Trucking as Diversity Carrier of the Year

Baylor Trucking was recognized by Walmart as the 2021 Diversity Carrier of the Year, the family-owned truckload carrier announced last month.

June 1, 2021
BusinessSafety

Meat Plant Shutdowns Spreading After Cyberattack on JBS

A cyberattack on JBS SA, the world’s largest meat producer, has forced the shutdown of some of the largest slaughterhouses globally, and there are signs that the closures are spreading.

June 1, 2021
GovernmentBusinessTechnologyFuel

Cargill Backs Cow Masks to Trap Methane Burps

Agriculture giant Cargill Inc. will start selling methane-absorbing wearable devices for cows, putting its support behind an experimental technology that could help the industry cut greenhouse gas emissions.

June 1, 2021
BusinessTechnologyFuel

IEA Says Oil Demand May Return to Pre-Crisis Levels in a Year

Global oil demand may rebound to levels seen before the pandemic in a year, the International Energy Agency said, signaling a speedier recovery than its previous estimates.

June 1, 2021