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.

BusinessTechnologyEquipmentSafety

Omnitracs Adds PrePass to Platform

Omnitracs has entered into a partnership with PrePass Safety Alliance to provide PrePass, the weigh station bypass application, on its Omnitracs One platform.

August 4, 2021
GovernmentBusinessSafety

New ATRI Initiative Studies Methods for Finding Safe Younger Drivers

A new initiative from the American Transportation Research Institute is exploring development of an assessment tool to identify the safest drivers among 18- to 20-year-olds, a key group that the trucking industry is targeting for expanded eligibility of commercial driver licenses for interstate travel.

August 4, 2021
GovernmentBusinessSafety

Amazon’s Dilemma: Mandating Vaccinations Would Risk Losing Workers

The quandary facing America’s second-largest private employer is this: how to keep its facilities COVID-free without sparking a mutiny among workers who are desperately needed to keep operations running amid a tight labor market and strong online demand.

August 4, 2021
GovernmentBusinessSafety

Early Hurricane Lull Ending, With New Forecast for Up to 21 Storms

A quick start to the Atlantic hurricane season saw five storms form so far this year, well ahead of the normal pace of a normal year, before settling into a lull that’s lasted several weeks.

August 4, 2021
BusinessTechnologyEquipment

Watch the Replay: RETOOL, a Technology and Maintenance Event

Transport Topics hosted a special two-day virtual event, RETOOL, taking deep dives into the most important topics and trends within the trucking industry’s equipment and technology spheres. Watch the replay.

August 4, 2021
BusinessFuel

TravelCenters of America Lifts Results With Operating Improvements

TravelCenters of America Inc. reported gains in net income and revenue in the second quarter as a result of operating improvements across nearly all business lines.

August 4, 2021
GovernmentBusinessSafety

Senators Try to Sell $1 Trillion Infrastructure Plan to Public

WASHINGTON — The senators who spent months stitching together a nearly $1 trillion infrastructure package are now trying to sell it to the American people before a key vote expected this week that would push a long recognized national priority much closer to the finish line, after years of talk.

August 4, 2021
BusinessEquipment

Despite Chip Shortage, GM Posts $2.8 Billion Profit

DETROIT — Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.

August 4, 2021
BusinessTechnologyEquipment

Nikola's Financial Loss Widens in Second Quarter

Nikola Corp. posted a widening second-quarter financial loss as the electric vehicle startup said it is moving forward despite financial setbacks and the federal indictment of its former leader.

August 3, 2021
GovernmentBusinessSafetyTCA

Buttigieg Has Final Say Over $105 Billion in Infrastructure Grants

WASHINGTON — At least $274 billion of the bipartisan Senate infrastructure bill’s $550 billion in new spending would go toward transportation — and it also would give Transportation Secretary Pete Buttigieg the final say over about $105 billion of that $274 billion, according to one transportation analyst.

August 3, 2021