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.

BusinessLogistics

Trucking Industry Legend Frank Beelman Jr. Dies at 100

Frank Beelman Jr., a trucking executive and military combat veteran decorated with the Silver Star Medal, died Aug. 4 in his hometown of St. Libory, Ill.

August 10, 2021
BusinessTechnologyFuel

Nikola Adds Alta Equipment Group to Dealer Network

Nikola Corp. announced it added Alta Equipment Group to its emerging dealer network for its heavy-duty battery-electric and hydrogen fuel cell trucks, which are under development.

August 10, 2021
GovernmentBusinessSafety

Industry Applauds Senate Passage of $1 Trillion Bill to Modernize US Transportation

Legislation aimed at modernizing the country’s mobility networks, freight corridors and transit systems gained approval in the U.S. Senate on Aug. 10.

August 10, 2021
GovernmentBusiness

Productivity Rose Less Than Forecast in Q2

Productivity in the U.S. took a step back in the second quarter, indicating an easing in the rapid pace of efficiency gains seen in the prior three months.

August 10, 2021
GovernmentBusiness

California Trucking Association Takes AB 5 Case to Supreme Court

The California Trucking Association is asking the U.S. Supreme Court to review a state independent contractor law — known as AB 5 — that it argues should be exempt from enforcement for motor carriers based on federal pre-emption.

August 10, 2021
GovernmentBusiness

Big Win for $1 Trillion Infrastructure Bill With Senate Passage

With a robust vote after weeks of fits and starts, the Senate approved a $1 trillion bipartisan infrastructure plan Aug. 10, a rare coalition of Democrats and Republicans joining to overcome skeptics and deliver a cornerstone of President Joe Biden’s agenda.

August 10, 2021
BusinessTechnologyAutonomous

Lightning Soars on Deal With Buffett-Backed Bus Maker

Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker.

August 10, 2021
GovernmentBusinessLogistics

Railroad Bidding War Back On: CP Ups Bid for KCS

NEW YORK — Canadian Pacific has upped its offer for Kansas City Southern to approximately $31 billion, potentially reigniting a bidding war with rival railroad Canadian National.

August 10, 2021
GovernmentBusinessTechnologySafety

Permian Basin Gets Vote of Confidence With Infrastructure Plan

The region at the heart of the once-booming U.S. shale industry is signaling confidence in a nascent recovery after the pandemic crushed demand and curtailed oil and gas drilling.

August 9, 2021
BusinessEquipment

Bridgestone Breaks Ground on Expansion of Kentucky Air Springs Plant

Bridgestone Americas broke ground on a $51 million expansion to its air springs production facility in Williamsburg, Ky., the company said recently. 

August 9, 2021