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.

GovernmentBusiness

US Trade Gap Widened to Record $74.4 Billion in March

The U.S. trade deficit widened to a record in March as the value of imports surged to a new high.

May 4, 2021
BusinessTechnologyAutonomous

Ford-Backed Argo Sees New Sensor as Key for Self-Driving Cars

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, has developed a sensor it believes will be key to commercializing autonomous transportation in cities, suburbs and on the highway.

May 4, 2021
BusinessTechnology

Uber Taps SoftBank-Backed GoPuff to Expand Grocery Delivery

Uber Technologies Inc. will vastly expand grocery delivery in the U.S. this summer through a partnership with GoPuff, a fast-growing delivery startup and the owner of the liquor store chain BevMo!, the companies plan to announce May 4.

May 4, 2021
BusinessLogisticsTop 100

XPO Reports Highest Quarterly Revenue Ever in Q1

XPO Logistics Inc. hit a record for revenue during the first quarter of 2021, the company reported May 3.

May 3, 2021
BusinessTechnology

Velociti Opens Technology Innovation Lab

Velociti is aiming to help enterprise businesses develop technology innovations with the opening of Velociti Innovation Lab, the company announced April 28.

May 3, 2021
BusinessLogistics

Lumber Hits Record on Tight Supply, High Demand

Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.

May 3, 2021
BusinessLogisticsTop 100

TFI International Completes UPS Freight Acquisition

TFI International has completed its previously announced acquisition of UPS Freight, the company said April 30.

May 3, 2021
BusinessEquipment

Mack Trucks Commemorates 100 Years in Canada

Mack Trucks is celebrating a century of operations in Canada, the company announced April 26.

May 3, 2021
GovernmentBusinessSafety

Nevada DOT Construction Project Involves Large-Truck Restrictions

The Nevada Department of Transportation recently announced commercial truck restrictions on a Lake Tahoe-area highway as the agency undertakes a construction project.

May 3, 2021
BusinessTechnologyFuelAutonomousTCA

Ford Boosts Investment in Solid-State Battery Maker

Ford Motor Co. announced May 3 it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker’s push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.

May 3, 2021