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.

Business

L.A. Ports Are Slowly Chipping Away at Ship Backlog

Ship congestion outside the busiest U.S. gateway for trade with Asia eased over the past week, with the number of container vessels waiting to enter the twin ports of Los Angeles and Long Beach staying below 20 for five straight days.

April 26, 2021
Business

Daimler Reports Significantly Higher Q1 Net Income

Daimler Group reported higher net income and improved revenue in the first quarter as total vehicle sales climbed 13% compared with a year earlier.

April 23, 2021
BusinessTechnologyEquipmentSafety

Fleets Cautious About ADAS Adoption, TMC Panelists Say

Advanced driver assistance systems have the potential to improve safety, but the road to adoption in trucking likely remains long, according to experts.

April 23, 2021
BusinessTechnologyEquipment

Volvo Reports Higher Net Income, Revenue as Truck Deliveries Increase

Volvo Group reported higher net income and revenue for the first quarter as truck deliveries increased along with demand for other products and services.

April 23, 2021
GovernmentBusinessSafety

Pennsylvania Gov. Tom Wolf Announces 43 Multimodal Projects

Pennsylvania Gov. Tom Wolf recently announced $45.9 million in funding has been invested in multimodal projects meant to improve safety, mobility and economic activity.

April 23, 2021
GovernmentBusinessFuel

Biden Calls for Fourth Industrial Revolution to Close Climate Summit

President Joe Biden invited world leaders to join the U.S. in driving a “fourth industrial revolution” to transform the energy sector, create jobs and overcome the threat of climate change, capping his two-day summit on global warming April 23.

April 23, 2021
BusinessTechnologyEquipment

Achates’ Engine Brings Power, Lower Emissions

Achates Power of San Diego has developed a two-stroke truck diesel that has two crankshafts linked to two opposed pistons facing each other in a common cylinder.

April 23, 2021
BusinessTechnologyEquipment

TMC Employs Gamification to Promote Opportunities for Youth

American Trucking Associations’ Technology & Maintenance Council is forging new ground with the release of a new augmented reality game app aimed at attracting, fostering and welcoming a new generation of skilled technicians to the trucking industry.

April 23, 2021
GovernmentBusinessTechnologyAutonomous

Alphabet’s Wing Seeks Expanded US Drone Flight Permissions

Alphabet Inc.’s Wing Aviation is asking U.S. regulators to allow it to expand drone operations as a way to make more efficient deliveries controlled from a central command post.

April 23, 2021
BusinessTechnologyEquipmentSafetyFuel

Battery-Electric Vehicle Service May Extend to Independent Shops

Dealers and other fleet-­servicing shops are coming to terms with the growing shift toward electric fleet vehicles. If enough truck dealerships are slow to adopt, “it may slow down the rollout or it may lead to another service model, such as through third parties or national service chains,” said Mike Roeth, executive director for the North American Council for Freight Efficiency.

April 23, 2021