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.

GovernmentBusinessTechnology

Senate Democrats Ask for Taiwan’s Help With Chip Shortage

Three Democratic senators are asking the Taiwanese government to help the U.S. with a chip shortage that has idled auto plants and sent workers packing throughout the industry as the global economy struggles to recover from the COVID-19 pandemic.

August 19, 2021
BusinessEquipmentSafety

ATRI Seeks Driver Input on Job Motivations, Satisfaction

The American Transportation Research Institute announced Aug. 18 that it has launched a data collection initiative to better understand drivers’ job motivations.

August 19, 2021
BusinessTechnologyEquipment

Toyota Cuts Show Chip Shortage Ravages Even Best Supply Planners

Toyota Motor Corp.’s efforts to stockpile enough chips and other key components to ride out supply disruptions only protected the company so long before it too succumbed to the shortages eviscerating automakers.

August 19, 2021
GovernmentBusiness

Jobless Claims Hit a Pandemic Low as Hiring Strengthens

WASHINGTON — The number of people seeking unemployment benefits fell last week for a fourth straight time to a pandemic low, the latest sign that America’s job market is rebounding from the pandemic recession as employers boost hiring to meet a surge in consumer demand.

August 19, 2021
BusinessEquipment

July US Trailer Orders Hit Lowest Level of 2021, FTR Reports

U.S. trailer orders in July slid some more, barely clearing 8,000 units and setting a new low point of this cycle, FTR reported.

August 19, 2021
BusinessLogistics

Just as Things Look Better for Retail, Amazon Rears Its Head

News of Amazon .com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector.

August 19, 2021
GovernmentBusinessFuel

Amid Disruptions, Midwestern States Issue Regulatory Relief for Fuel Haulers

Supply chain challenges have prompted multiple states in the Midwest to extend regulatory relief to truckers who haul fuel.

August 19, 2021
GovernmentBusiness

Congressional Republicans, Moderate Democrats Balk at $3.5 Trillion Budget

Top congressional Republicans announced their opposition to Democratic leaders’ pursuit of a $3.5 trillion budget plan that would be considered alongside a big-ticket infrastructure package. Separately, a small group of moderate House Democrats took issue with their party’s legislative timeline.

August 18, 2021
BusinessEquipmentLogistics

Ports on Both Coasts Report Strong July Numbers

Imported goods continued to flood into the U.S. in July as the nation’s ports produced substantial container volumes.

August 18, 2021
GovernmentBusinessTechnologySafetyAutonomous

FTC Should Probe Tesla Autopilot Claims, Senators Say

Two U.S. senators are urging the Federal Trade Commission to investigate whether Tesla Inc. uses deceptive marketing practices by labeling its driver-assistance systems “Autopilot” and “Full Self-Driving.”

August 18, 2021