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.

BusinessTechnologyEquipment

Wabash Posts Higher Q1 Profits, Raises Full-Year Guidance

Trailer maker Wabash National Corp. returned to first-quarter profitability compared with a year earlier and increased its full-year guidance on revenue.

April 28, 2021
BusinessTechnologyLogisticsTop 100

New Ware2Go Service Helps E-Commerce Merchants With Warehouse Placement

The UPS-founded Ware2Go launched a free application to help e-commerce merchants with strategic fulfillment planning, the company announced April 27.

April 28, 2021
BusinessLogistics

Despite Lower Bid, Canadian Pacific Touts Value of KCS Offer

Canadian Pacific Railway Ltd.’s chief executive officer tried to quash speculation that a bidding war is at hand for Kansas City Southern.

April 28, 2021
BusinessEquipment

Average Used Class 8 Price in March Is Third-Highest Ever

The average used Class 8 truck in March brought the third-highest price ever as demand rages on and supply is very tight, ACT Research reported.

April 28, 2021
BusinessFuel

NextEra Plans to Harness Landfill Gas to Make Renewable Fuel

NextEra Energy Inc. and OPAL Fuels plan to capture methane from a Minnesota landfill to produce renewable natural gas, adding to a series of projects seeking to cash in on the energy source while helping cut greenhouse-gas emissions.

April 28, 2021
GovernmentBusinessTechnologySafetyAutonomous

Policymakers Keep Autonomous Vehicles Bill on Senate’s Radar

Two of the key drivers of autonomous vehicle policy in Congress again touted its potential safety and economic benefits during a hearing with stakeholders.

April 28, 2021
BusinessLogisticsTop 100

Saia Posts Strong Q1 Income, Revenue Gains

Saia Inc. reported large gains in profit and revenue during the first quarter as it overcame weather challenges to take advantage of increasing freight demand.

April 28, 2021
GovernmentBusinessSafety

Carriers, Contractors Voice Support for Keeping DOL Rule

Motor carriers and independent contractors in written comments expressed objection to a U.S. Department of Labor proposal to withdraw a rule designed to clarify the federal standard for determining if a truck driver is a contractor or employee.

April 28, 2021
GovernmentBusinessFuel

Oil Climbs With US Demand Bump Driving Global Rebound Optimism

Oil advanced to the highest intraday level in more than a month as a combination of declining U.S. petroleum product supplies and signs of stronger demand buttressed expectations for a revival in global consumption.

April 28, 2021
GovernmentBusinessFuel

SuperTruck 3 Pushes for Electrification of Freight Trucks

The Department of Energy intends to provide up to $100 million in funding to push for the electrification of freight trucks of all sizes as part of its new SuperTruck 3 program.

April 28, 2021