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.

BusinessTechnologyEquipmentAutonomous

Kodiak Robotics Expands Autonomous Truck Operations in Texas

SAN ANTONIO — Autonomous truck developer Kodiak Robotics this summer is expanding its routes, adding a Dallas-to-San Antonio run.

May 20, 2021
GovernmentBusinessSafety

House GOP Unveils $400 Billion Highway Policy Bill

Legislation that would authorize $400 billion over five years for surface transportation programs was unveiled by Republican policymakers in the U.S. House of Representatives May 19.

May 20, 2021
GovernmentBusinessTechnologyFuel

Ford’s High-Stakes Electric F-150 Will Start Under $40,000

Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator.

May 20, 2021
BusinessEquipment

April Trailer Orders Drop to 10-Month Low; Costs, Cancellations Rise

U.S. trailer orders in April were just above 14,000, the lowest volume in 10 months as cancellations increased and backlogs continued to extend into 2022, ACT Research reported.

May 20, 2021
Business

ATA Mid-Year Attendees Optimistic About Trucking

SAN ANTONIO — During one of the first in-person industry events to be held as the country emerges from the coronavirus pandemic, trucking executives attending American Trucking Associations’ Mid-Year Management Session expressed optimism about opportunities that await motor carriers — and the nation overall — as life for Americans returns to normal.

May 20, 2021
GovernmentBusinessLogistics

CP Rail Declines to Boost Offer, Urges KC Southern to Drop CN

Canadian Pacific Railway Ltd. declined to increase its offer for Kansas City Southern and urged the U.S. railroad instead to reject Canadian National Railway Co.’s higher bid because of regulatory risks.

May 20, 2021
GovernmentBusiness

Initial Jobless Claims Decline to New Pandemic Low

Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, signaling steady improvement in the job market as remaining business restrictions are lifted.

May 20, 2021
GovernmentBusinessSafety

Texas Senate Passes Bill Aimed at Curbing Lawsuit Abuse of Truckers

The Texas Senate has unanimously approved a House bill that would help curb the growing trend of lawsuit abuse targeting commercial vehicles in Texas.

May 20, 2021
BusinessTechnologyAutonomous

Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts

Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans.

May 19, 2021
GovernmentBusinessTechnologySafety

States Mobilize to Repair I-40 Bridge, but Closure Likely to Remain for Months

The ongoing Interstate 40 bridge closure is a costly interruption for the trucking industry that will likely stretch on for months.

May 19, 2021