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.

BusinessEquipment

FleetPride Expands in Florida for First Time

FleetPride Inc. announced it acquired the assets of Auto Masters Fleet Services, which is based in Jacksonville, Fla., and which has a second location in Tampa.

July 30, 2021
GovernmentBusiness

Senate Votes to Begin Infrastructure Debate

WASHINGTON — The Senate advanced a roughly $1 trillion infrastructure plan on July 30 with a bipartisan group of senators helping it clear one more hurdle and bracing to see if support can hold during the next few days of debate and efforts to amend it.

July 30, 2021
BusinessTechnologyFuel

Hyliion to Make Hypertruck ERX Variant Its First to Market

Electrified powertrain provider Hyliion Holdings Corp. announced that a long-range variant of its Hypertruck ERX system will be the first version of the technology it brings to market.

July 30, 2021
BusinessTop 50Top 100

Werner Reports Q2 Record for Net Income

Werner Enterprises posted record results for net income, operating income and diluted earnings per share during the second quarter, the company announced.

July 30, 2021
BusinessTop 100

USA Truck Sets Quarterly Revenue Record for Q2

USA Truck saw revenue increase to a new quarterly record during the second quarter of 2021, the company reported July 29.

July 30, 2021
BusinessEquipmentTCA

Big Rig Brings Big Smiles for Students With Autism

RANDOLPH, Mass. — For weeks and months before it happens each year, students with autism at the Boston Higashi School anticipate members of the Teamsters Local 25 union rolling up to the front door in its big rig.

July 30, 2021
GovernmentBusiness

Consumers Boost Spending 1% as Inflation Remains High

WASHINGTON — American consumers increased their spending by 1% in June — a dose of energy for an economy that is quickly rebounding from the pandemic recession but is facing new risks led by the delta variant of the coronavirus.

July 30, 2021
BusinessEquipment

Caterpillar 2Q Revenue Up on Higher Equipment Demand

Rising demand for machinery fueled sales at Caterpillar during the second quarter as the rollout of vaccines helped to revive construction projects.

July 30, 2021
BusinessFuel

Exxon Posts $4.7 Billion in Q2 Profit as Fuel Demand Rebounds

NEW YORK — ExxonMobil swung back to a profit and topped expectations on profit and revenue during the second quarter as demand for fuel recovered from lows reached earlier in the pandemic.

July 30, 2021
BusinessLogistics

Amazon Delivers a Mixed Bag of Q2 Results

NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.

July 29, 2021