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

Managing Financial Risk During COVID

A financial services adviser urged trucking companies to learn as much as possible about new and existing customers’ ability to pay their bills, as navigating the post-pandemic economy will bring with it new challenges.

May 7, 2021
GovernmentBusinessTechnologyFuelLogistics

Biden Pushes for His Infrastructure Plan in GOP Stronghold

With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on May 6 to pressure GOP lawmakers to support his $2.25 trillion infrastructure plan — and yet express a willingness to compromise on the corporate tax hikes he’s recommending to pay the cost.

May 6, 2021
GovernmentBusinessSafety

Senate Bill Calls for Removing Personal Information From International Moving Shipping Manifests

Bipartisan legislation has been introduced in the Senate that would require scrubbing such personal information as social security and passport numbers on shipping manifests for military and government personnel moving to the U.S. from overseas before the information is sold to data brokers.

May 6, 2021
GovernmentBusinessFuel

US LNG Players Tout Carbon Capture in Bid to Boost Green Image

U.S. LNG developers seeking to burnish their green credentials and boost their competitiveness on a crowded global stage are touting a costly and largely untested technology: carbon capture.

May 6, 2021
Business

Trucking Growth Expected to Be Strong Amid Recovery, Expert Says

Economic recovery in the wake of the COVID-19 pandemic is putting pressure on the freight-hauling sector, and an industry expert said changes brought on by virus-related cutbacks are contributing to a tightening market that could rival earlier periods of growth.

May 6, 2021
GovernmentBusiness

House Committee, White House Prepare for Highway Bill’s Consideration

The White House intends to schedule meetings with transportation leaders next  week before the congressional committees’ consideration of multiyear highway policy bills.

May 6, 2021
BusinessTechnologyEquipment

VW Raises Full-Year Outlook, Warns of Growing Chip Shortage

Volkswagen AG raised its earnings outlook after a strong start to the year, while cautioning that the semiconductor shortage rippling through the industry will become more pronounced in the second quarter.

May 6, 2021
BusinessLogisticsTop 100

Hub Group Reports Q1 Revenue, Profit Gains

Hub Group posted large first-quarter gains in profits and revenue, reflecting a strong freight market.

May 6, 2021
GovernmentBusinessSafetyLogistics

World’s Biggest Brands Adopt Checklist to Protect Seafarers

Unilever Plc and other big retail brands are among consumer giants adopting a toolkit to audit their shipping supply chains in an effort to help bring seafarers stuck on commercial vessels back home and eliminate human rights risks.

May 6, 2021
BusinessAutonomous

Plus Hires Former FMCSA Official Wiley Deck

Former FMCSA Deputy Administrator Wiley Deck has been tapped by autonomous truck technology firm Plus to head government affairs and public policy.

May 6, 2021