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.

GovernmentBusiness

Biden Infrastructure Plan’s Chances Gain as GOP Preps Offer

President Joe Biden’s prospects for passing a major infrastructure bill through Congress with bipartisan support — seen unlikely in the wake of his Democrat-only pandemic-relief package in March — are now rising, though disagreements over funding still could scrap a deal.

May 17, 2021
GovernmentBusinessTechnologyFuel

Granholm: Fuel Crisis Is Near Its End

WASHINGTON — Energy Secretary Jennifer Granholm says the nation is “over the hump” on gas shortages following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.

May 15, 2021
BusinessTechnologyLogistics

XPO Logistics Names More Leaders for Spinoff GXO

XPO Logistics Inc. announced last month two additional leaders associated with its planned spinoff business GXO Logistics.

May 14, 2021
BusinessTechnologyEquipment

Continental Marks 150 Years With Story of Its History

Continental announced it will be celebrating its 150th year in business later this year.

May 14, 2021
BusinessTCA

Maine’s Trucking Industry Turns to TikTok in Appeal to Gen Z

The Maine Motor Transport Association is targeting Gen Z and other young workers with a video storytelling campaign aimed at filling shortages of truck drivers and technicians.

May 14, 2021
GovernmentBusinessSafety

PennDOT Airport Funding Aims to Improve Economic, Operational Activity

In an effort to expand economic and operational capacity, the Pennsylvania Department of Transportation has invested $10 million in airports.

May 14, 2021
BusinessEquipment

Organizers Postpone 2021 NACV Show

The North American Commercial Vehicle Show has been postponed for 2021, the organizers announced.

May 14, 2021
BusinessTechnologyFuel

DTNA Launches EV Consulting Services, Chargers

Daimler Trucks North America announced its new Detroit eConsulting services and the Detroit eFill line of electric commercial vehicle chargers intended to support fleets and customers in the deployment of all-electric trucks.

May 14, 2021
BusinessLogistics

Mississippi River Reopens, Freeing Over 1,000 Stuck Barges

The U.S. Coast Guard has reopened the Mississippi River to maritime traffic, ending a shutdown that stranded more than 1,000 barges on the key conduit for agriculture exports.

May 14, 2021
Business

Union Pacific Increases Dividend

Union Pacific Corp. announced it increased the quarterly dividend on the company’s common shares by 10% to $1.07 per share.

May 14, 2021