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.

GovernmentBusinessTechnologyFuel

Carper Urges Tough US Rules Barring Gas-Powered Cars by 2035

WASHINGTON — A top Senate Democrat is urging U.S. anti-pollution standards that would follow a deal brokered by California with five automakers and then set targets to end sales of new gasoline-powered vehicles by 2035, a goal that reaches further than President Joe Biden’s climate plan.

April 30, 2021
BusinessTechnologyAutonomous

Self-Driving Truck Startup Plus Reported to Plan Hennessy SPAC Deal

Self-driving truck startup Plus is in talks to merge with special purpose acquisition company Hennessy Capital Investment Corp. V, according to people familiar with the matter, making it the latest autonomous vehicle maker seeking to go public via a blank-check firm.

April 30, 2021
BusinessFuel

Exxon Posts $2.7 Billion Quarterly Profit After Unprecedented Year

NEW YORK — ExxonMobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.

April 30, 2021
BusinessTechnology

Amazon Q1 Sales Beat Estimates

Amazon .com Inc. reported a big increase in sales and gave a bullish forecast, continuing a streak of rapid growth even as vaccine rollouts raised the prospect of a return to prepandemic shopping habits in the U.S.

April 29, 2021
BusinessEquipment

Dana Posts Q1 Gains as End Markets Recover

Dana Inc. reported higher first-quarter net income and revenue and noted its once-shutdown end markets have recovered.

April 29, 2021
BusinessTechnologyEquipment

Allison Reports Lower Net Income, Revenue in Q1

Allison Transmission Holdings Inc. reported lower net income and revenue for the first quarter amid progress in addressing the COVID-19 pandemic.

April 29, 2021
GovernmentBusinessTechnologyAutonomous

PennDOT Launches Public Survey on Automated Vehicles

The Pennsylvania Department of Transportation announced April 28 the launch of a survey meant to offer an idea of constituents’ perceptions and knowledge of automated vehicles.

April 29, 2021
BusinessTechnologyEquipment

SAF-Holland Launches New Trailer Air Suspensions

SAF-Holland Group announced its new CBXA AeroBeam Series of fixed frame suspensions, calling them the lightest weight top mount trailer air suspensions in the industry.

April 29, 2021
GovernmentBusinessFuelTCA

Connecticut Republicans Attack Governor’s Truck-Tax Plan

HARTFORD, Conn. — Republican state lawmakers, along with trucking and food-distribution executives, on April 28 declared war on Gov. Ned Lamont’s proposed regional climate initiative and user tax for heavy trucks on state highways.

April 29, 2021