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.

BusinessLogistics

CN Makes $33.7 Billion Bid for Kansas City Southern

A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.

April 20, 2021
BusinessFuel

Oil Marks Anniversary of Crash Below Zero With Rise Toward $64

Oil rose toward $64 a barrel, a year to the day after futures for the U.S. benchmark collapsed below zero, with the world’s most important commodity extending its rally on bets for better demand.

April 20, 2021
BusinessLogistics

XPO Logistics Announces Mark Manduca as Chief Investment Officer for GXO

XPO Logistics announced Mark Manduca will become chief investment officer of its planned spinoff business, GXO Logistics.

April 19, 2021
BusinessTechnologyLogistics

KC Southern Reports Mixed Q1 Earnings

Kansas City Southern reported mixed first-quarter earnings.

April 19, 2021
GovernmentBusinessEquipmentFuel

EPA Provides Updates on Emissions Standards, SmartWay Activities

The U.S. Environmental Protection Agency expects to issue a notice of proposed rulemaking later this year aimed at establishing new emissions standards for oxides of nitrogen (NOx) and other pollutants for highway heavy-duty engines, an EPA official told the S.11 study group of the Technology & Maintenance Council of American Trucking Associations during TMC’s virtual spring meeting.

April 19, 2021
BusinessEquipment

UAW Strikes VTNA’s New River Valley Plant

Volvo Trucks North America on April 19 announced the United Auto Workers has called a strike at its New River Valley truck assembly operations in Dublin, Va.

April 19, 2021
GovernmentBusiness

House Republicans Introduce NEPA Reform Bill

Republicans on the transportation panel in the U.S. House of Representatives recently introduced a bill designed to streamline aspects of the federal environmental permitting process.

April 19, 2021
BusinessSafetyTCA

Truck Driver Has Quite a Fish Story to Tell

An unlucky fish saw bad go to worse when it was caught by a hungry bird, dropped from the sky and landed on the windshield of a moving truck on Interstate 73 in North Carolina. See the video.

April 19, 2021
GovernmentBusinessTechnologySafetyFuelAutonomous

NHTSA, NTSB Probe Fatal Tesla Crash With No Driver

DETROIT — Two federal agencies are sending teams to investigate the fatal crash of a Tesla near Houston in which local authorities say no one was behind the wheel.

April 19, 2021
BusinessLogistics

Union Appeals Amazon Election Loss, Claiming Misconduct

Accusing Amazon .com Inc. of misconduct, the retail union that lost a hotly contested election at the company’s Alabama warehouse has asked federal officials to set aside the results.

April 19, 2021