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.

GovernmentBusinessSafety

FMCSA Encourages Drivers to Practice Work Zone Safety

In support of National Work Zone Awareness Week, the Federal Motor Carrier Safety Administration is encouraging drivers of large trucks to use extra caution, and is urging all drivers to remain alert, obey traffic signs and allow all vehicles extra space.

April 27, 2021
GovernmentBusinessTechnologyEquipmentFuelAutonomous

Unpaid Taxes Another Troubling Sign for Lordstown Motors

CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.

April 27, 2021
BusinessTechnologyEquipmentFuel

Ford to Open Battery Research Lab in Electric Vehicle Push

Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.

April 27, 2021
BusinessTechnologyLogisticsTop 50

Apple’s $430 Billion US Investment Includes XPO-Run Facility

XPO Logistics will operate a $100 million “state-of-the-art” facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.

April 27, 2021
BusinessTechnologyEquipment

Rush Reports Q1 Jump in Net Income, Revenue Flat

Truck dealership Rush Enterprises Inc. reported first-quarter net income nearly doubled and revenue was essentially flat as the company maintained a strict focus on managing expenses.

April 27, 2021
BusinessTechnologyAutonomous

Plus, Cummins Partner on Self-Driving CNG Trucks

Self-driving truck technology company Plus announced a new initiative with engine manufacturer Cummins Inc. to develop what Plus called the industry’s first driver-in, supervised autonomous trucks powered by natural gas.

April 27, 2021
GovernmentBusinessTechnologyAutonomous

Auto Group Backs Guidelines for Partially Automated Vehicles

DETROIT — The trade association representing most major automakers is offering guidelines for manufacturers to advertise partially automated driving systems and to make sure drivers are paying attention while using them.

April 27, 2021
BusinessTechnologyLogisticsTop 100

Amazon to Pass Walmart in Retail Sales in 2025, Report Says

Amazon.com Inc. will supplant Walmart Inc. as the biggest U.S. retailer by 2025, according to a new report, suggesting the e-commerce giant has too much momentum for Walmart to stop despite big investments in its own e-commerce offerings.

April 27, 2021
BusinessFuel

OPEC+ Sticks With Plans to Gently Hike Supply

OPEC and its allies recommended proceeding with plans to gently revive oil production as global demand recovers from the pandemic, despite surging infections in India.

April 27, 2021
BusinessTechnologyTop 100

Volume Continues to Surge at UPS to Start the Year

The continued surge of e-commerce deliveries from small and medium-sized businesses, along with the increase in deliveries of the various COVID-19 vaccines and other personal protective equipment, bolstered UPS Inc.’s first-quarter financial results.

April 27, 2021