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

VTNA, UAW Reach Second Tentative Agreement

Volvo Trucks North America May 20 announced the company and the United Auto Workers union reached a tentative agreement on the terms of a new six-year contract that would cover approximately 2,900 employees at the New River Valley truck assembly operations in Dublin, Va.

May 25, 2021
GovernmentBusinessLogistics

GOP to Offer Biden Nearly $1 Trillion for Infrastructure Plan

A group of Senate Republicans plans to present its latest offer to the White House on a major new infrastructure package on May 27, with one member saying it will weigh in at almost $1 trillion.

May 25, 2021
GovernmentBusinessSafety

ATRI’s 2021 Research Priorities Include Young Drivers, Electric Trucks

Understanding the most effective way to bring 18- to 20-year-olds into the trucking industry was listed as a top 2021 research priority for the American Transportation Research Institute.

May 25, 2021
BusinessTechnology

International LT, LoneStar Models to Accept OTA Upgrades for Cummins X15 Engines

Navistar International Corp. announced the upcoming availability of Cummins’ connected software updates and programmable trim parameters through its OnCommand Connection portal.

May 25, 2021
GovernmentBusinessFuelLogistics

Oil Wavers With Talks Resuming on Potentially Reviving Iran Deal

Oil was little changed as investors weighed talks of higher Iranian supply against the prospect of a continued recovery in demand.

May 25, 2021
GovernmentBusinessTechnologyLogistics

Amazon Sued by D.C. AG in Antitrust Suit Over Pricing

Amazon .com Inc. was sued by the attorney general for Washington, D.C., who accused the online retail giant of engaging in anticompetitive practices that have raised prices for consumers.

May 25, 2021
BusinessEquipmentLogistics

Ports on Both Coasts Continue Record-Setting Runs in April

The nation’s ports reported record container volumes in April as the U.S. economy continues its strong recovery from the COVID-19 pandemic.

May 25, 2021
GovernmentBusiness

US Consumer Confidence Falls as Job, Income Prospects Ebb

U.S. consumer confidence fell slightly in May for the first time this year as Americans were less optimistic about future job and income prospects but at the same time remain upbeat about current conditions.

May 25, 2021
GovernmentBusinessTechnologyEquipmentFuel

Green Hydrogen Seen Fueling Heavy Trucks, Buses by 2030

Long heralded as the clean energy fuel of the future that will play a key role in decarbonization, attractive hydrogen prices could finally be in sight.

May 25, 2021
GovernmentBusiness

Shale Drillers Puzzle Analysts With $7.4 Billion Merger

Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one.

May 25, 2021