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

Decision on Ballpark at Port of Oakland Nears Crucial Stage

Whether the Oakland Athletics build a new stadium inside the Port of Oakland facility, along the waterfront at the abandoned Howard Terminal, must be voted on soon, Major League Baseball Commissioner Rob Manfred said.

July 15, 2021
BusinessTechnologyEquipment

Daimler Profit Trounces Estimates as Shortages Lift Prices

Daimler AG posted far higher earnings than analysts expected by joining peers in commanding better pricing for vehicles in the midst of the global semiconductor shortage.

July 15, 2021
GovernmentBusiness

Jobless Claims Fall to Pandemic Low

Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts.

July 15, 2021
GovernmentBusinessSafety

Minneapolis City Council Committee OKs Amended Truck Parking Ban

The Minneapolis City Council’s Transportation and Public Works Committee on July 14 voted in favor of amendments introducing gradual fines, to accompany a proposed ban on truck parking in the city.

July 15, 2021
BusinessTechnologyAutonomous

Toyota Tech Arm Plans Self-Driving Acquisition Spree

Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.

July 14, 2021
BusinessLogistics

Wildfire Threat Halts Some CN Rail Traffic Again

Canadian National Railway Co. told its customers on July 14 that it’s temporarily suspending operations in parts of British Columbia due to wildfires, the latest snarl to rail traffic in the region after recent track damage left thousands of cars idled.

July 14, 2021
BusinessEquipment

June Medium-Duty Sales Second-Highest in 2021

Classes 4-7 U.S. retail sales rose in June to the second-highest level of the year as they cleared 20,000 units, with all segments improving over the same period last year, WardsAuto .com reported.

July 14, 2021
BusinessTechnologyEquipment

DTNA Names Scott Kuebler On-Highway Sales VP

Daimler Trucks North America announced that Scott Kuebler was appointed to serve as vice president for on-highway sales.

July 14, 2021
GovernmentBusinessEquipmentSafety

Rail Stakeholders Push 15-Year Plan for Northeast Corridor

WASHINGTON — As Congress eyes an infrastructure package, a coalition of transportation agencies and Amtrak on July 14 released a 15-year plan of rail improvements for the congested Northeast Corridor that would boost daily train routes and significantly speed travel on Acela express lines.

July 14, 2021
GovernmentBusinessTechnologyEquipment

FMCSA Plans to Increase Windshield Area to Mount Safety Devices

The Federal Motor Carrier Safety Administration has issued a proposal to amend its regulations to increase the allowable area vehicle safety technology devices may be mounted on the interior of commercial motor vehicle windshields.

July 14, 2021