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.

Business

°®¶¹´«Ã½ Depot Sales Climb, but Remodeling Frenzy May Be Cooling

°®¶¹´«Ã½ Depot’s sales continue to surge, though same-store sales appeared to come back to earth after a year in which the home improvement chain outperformed expectations repeatedly.

August 17, 2021
BusinessTechnologyEquipment

Eaton Develops 48-Volt Systems to Cut Emissions, Raise Fuel Efficiency

Eaton Corp. announced a series of 48-volt technologies to assist its global on- and off-highway commercial vehicle customers transitioning from traditional 12- and 24-volt vehicle systems to improve fuel efficiency and reduce emissions.

August 17, 2021
BusinessLogisticsTop 50

Deutsche Post to Buy Logistics Firm Hillebrand for $1.8 Billion

Deutsche Post AG has agreed to acquire German logistics company Hillebrand for about 1.5 billion euros ($1.8 billion).

August 17, 2021
GovernmentBusinessSafetyLogistics

Americans Spent Less in July as COVID-19 Cases Surged

NEW YORK — Americans cut back on their spending in July as a surge in COVID-19 cases kept people away from stores.

August 17, 2021
BusinessLogisticsTop 100

Walmart’s Slowing E-Commerce, Margin Weigh in Q2

Walmart Inc.’s pandemic-driven gains in e-commerce slowed last quarter and profit margin fell, raising questions about the retailer’s ability to maintain momentum even after it topped Wall Street’s sales expectations.

August 17, 2021
BusinessFuel

Tropical Storm Fred Makes Landfall on Florida’s Panhandle

Tropical Storm Fred crashed ashore on the Florida panhandle with powerful winds, becoming the fourth system of the 2021 hurricane season to strike the U.S.

August 16, 2021
GovernmentBusinessFuelTCA

Plan Would Save Truckers 33% in Pennsylvania Taxes

It’s only an idea for now, but Pennsylvania’s proposed switch from a fuel tax to a miles-driven fee to help generate more money for transportation could be a boon for the trucking industry.

August 16, 2021
BusinessTechnologyEquipmentAutonomous

Bridgestone, Einride Partner on Sustainable Mobility Solutions

Tire company Bridgestone and Einride, which develops electric and autonomous freight mobility solutions, formed a partnership designed to create sustainable mobility solutions for electrified and autonomous Class 8 trucks.

August 16, 2021
GovernmentBusinessTechnologyEquipmentFuel

NACFE Expands Outreach Into Mexico

The North American Council for Freight Efficiency announced it is expanding its efforts into Mexico.

August 16, 2021
BusinessEquipment

SelecTrucks Enhances 60-Day Buyer’s Assurance Coverage

SelecTrucks, a brand of Daimler Trucks North America, announced expanded component coverage and a new warranty concierge program for its used trucks as it enhances its 60-Day Buyer’s Assurance coverage.

August 16, 2021