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.

GovernmentBusiness

Canadian Pacific Posts Q1 Earnings, Discusses Rival Bid for Kansas City Southern

Canadian Pacific officials aggressively defended their planned $25 billion acquisition of Kansas City Southern, announced in March, during a conference call April 21 regarding first-quarter earnings.

April 22, 2021
GovernmentBusinessTechnologyFuel

Sen. Tom Carper Says USPS Should Buy More Electric Vehicles

The U.S. Postal Service should include more electric vehicles in its new fleet than it first envisioned when it awarded a $6 billion contract to Oshkosh Corp., a U.S. senator told nominees to the service’s board.

April 22, 2021
BusinessLogisticsTop 100

Mullen Posts Increased Q1 Earnings on Declining Revenue

Mullen Group nearly tripled its earnings but saw revenue decline in the first quarter as growth was hindered by Canada’s slow recovery from the COVID-19 pandemic.

April 22, 2021
BusinessTop 100

C.R. England Announces Historic Driver Pay Increase

C.R. England is implementing the largest overall percentage driver-pay increase in its history, the carrier announced April 22.

April 22, 2021
GovernmentBusinessTechnology

FMCSA Proposes Four-Year Rebuild Delay of Its Medical Examiners Website

Federal trucking regulators have proposed delaying for four years completion of a redesign for a web-based national registry of certified medical examiners, citing information technology-related challenges with the effort.

April 22, 2021
GovernmentBusinessTechnologyFuel

Biden Pledges 52% Cut in Fossil Fuel Emissions by 2030

President Joe Biden convened leaders of the world’s most powerful countries on April 22 to try to spur global efforts against climate change.

April 22, 2021
BusinessTechnologyEquipmentLogistics

Volvo Group Sees More Risk From ‘Unstable’ Chip Supply Chain

Volvo Group said it may see further disruption from the semiconductor shortage that has forced the truck maker to idle plants, potentially hobbling a recovery that has seen orders more than double.

April 22, 2021
GovernmentBusiness

Jobless Claims Fall to Pandemic Low as Economy Accelerates

Applications for U.S. state unemployment insurance unexpectedly plunged to a fresh pandemic low as the job market recovery gathers steam.

April 22, 2021
GovernmentBusiness

US House Leaders Plan Late May Highway Bill Markup

Legislation that would modernize the country’s surface transportation operations, with attention to trucking policy, is expected to reach a committee in the U.S. House of Representatives next month.

April 22, 2021
BusinessTechnologyFuel

DTNA Opens Site for Fueling EVs

Daimler Trucks North America and Portland General Electric announced the opening in Portland, Ore., of what they called the first-of-its-kind heavy-duty electric truck charging site.

April 21, 2021