Trucking Business News

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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.

GovernmentBusiness

Hiring Slows to 235,000 Jobs After Two Strong Months

WASHINGTON 鈥 America鈥檚 employers added just 235,000 jobs in August, a surprisingly weak gain after two months of robust hiring at a time when the delta variant鈥檚 spread has discouraged some people from flying, shopping and eating out.

September 3, 2021
GovernmentBusiness

Manchin Urges Pause on $3.5 Trillion Bill

Sen. Joe Manchin is demanding a 鈥渟trategic pause鈥 in action on President Joe Biden鈥檚 economic agenda, potentially imperiling the $3.5 trillion tax and spending package that Democratic leaders plan to push through Congress this fall.

September 2, 2021
BusinessTechnologyLogistics

GM, Ford Halt Some Production as Chip Shortage Worsens

DETROIT 鈥 The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks..

September 2, 2021
Business

Walmart Boosts Average Hourly Wage to $16.40

Walmart Inc. said it will raise wages for a swath of its U.S. workforce, bringing its average hourly wage to $16.40 as the big-box retailer competes for employees amid a labor shortage.

September 2, 2021
GovernmentBusiness

US Trade Deficit Narrows Slightly to $70.1 Billion in July

The U.S. trade deficit narrowed slightly to $70.1 billion in July as economic recovery overseas helped boost American exports while imports declined.

September 2, 2021
GovernmentBusinessSafetyFuelLogisticsTop 100

Truckers Face Outages, Road Closures and Fuel Supply Challenges in Ida鈥檚 Wake

Trucking companies are contending with obstructed routes, power outages and fuel supply challenges in the wake of Hurricane Ida.

September 2, 2021
BusinessTechnologyEquipment

More BEV Last-Mile Deliveries Eyed Once Charging Expands

LONG BEACH, Calif. 鈥 An electric last-mile surge is coming. Battery-electric vans and medium-duty trucks will claim a predominant role in goods landing at the front door. The charging infrastructure those vehicles will require must expand, too.

September 2, 2021
GovernmentBusinessSafety

Biden Says Ida Shows 鈥楥limate Crisis鈥 Has Struck

WASHINGTON 鈥 President Joe Biden on Sept. 2 pledged robust federal help for the Northeastern and Gulf states battered by Hurricane Ida and for Western states beset by wildfires 鈥 with the catastrophes serving as deadly reminders that the 鈥渃limate crisis鈥 has arrived.

September 2, 2021
BusinessLogistics

CN Railway Should Scrap KC Southern Deal, Baskin Wealth Says

Montreal-based Canadian National has offered $30 billion for its U.S. rival, but the transaction appears to have little chance of succeeding.

September 2, 2021