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.

GovernmentBusinessFuel

Diesel Rises 6.3¢ to $3.249; Gas Tops $3

The national average price of a gallon of diesel climbed 6.3 cents to $3.249, according to Energy Information Administration data, in the third straight increase for trucking's main fuel.

May 17, 2021
BusinessTechnology

McLeod Software Furthers Its Trucker Tools Integration

McLeod Software added Trucker Tools’ Book-it-Now app-based service to its PowerBroker Platform, the companies announced May 17.

May 17, 2021
BusinessEquipment

Medium-Duty Sales Rise in April to Clear 19,000

April U.S. retail sales in Classes 4-7 rose 23.9% to more than 19,000 vehicles, reflecting gains in all segments, WardsAuto .com reported.

May 17, 2021
GovernmentBusinessTechnologyEquipmentFuelTCA

Ford Visit Offers Symbolic Backdrop for Biden’s EV Agenda

President Joe Biden’s planned visit May 18 to the Dearborn, Mich., Ford Motor Co. Rouge Electric Vehicle Center that will build an electric version of the F-150 pickup will showcase what experts say is a powerfully symbolic example of a zero-emission vehicle with mass market appeal, built in the U.S. by union workers.

May 17, 2021
Business

DTNA Makes Changes in Senior Leadership

Daimler Trucks North America named David Carson senior vice president of sales and marketing — a move intended to consolidate responsibility for all sales and marketing of vocational and on-highway segments.

May 17, 2021
GovernmentBusinessLogistics

The World Economy Is Suddenly Running Low on Everything

A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.

May 17, 2021
GovernmentBusiness

Congressional Policymakers Unveil Local Infrastructure Legislation

Legislation to help localities gain access to funding for infrastructure projects was recently introduced in the U.S. House of Representatives.

May 17, 2021
GovernmentBusinessTechnologySafetyLogistics

Rail Industry Defends Safety Record Amid Staffing Cuts

OMAHA, Neb. — Even as railroads are operating longer freight trains that sometimes stretch for miles, the companies have drastically reduced staffing levels, prompting unions to warn that moves meant to increase profits could endanger safety and even result in disasters.

May 17, 2021
GovernmentBusinessLogistics

EU, US Reach Truce on Metal Tariffs Ahead of Biden Visit

The European Union agreed to avoid escalating its dispute with the U.S. over metal tariffs, sparing iconic products such as bourbon whiskey and Harley-Davidson motorbikes from a doubling of EU duties next month.

May 17, 2021
Business

VTNA Plant Remains Open After UAW Rejects Contract

Volvo Trucks North America announced employees represented by the United Auto Workers rejected a new five-year labor agreement covering approximately 2,900 members of UAW Local #2069 at the New River Valley truck assembly operations in Dublin, Va.

May 17, 2021