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.

BusinessFuel

Electrify America to Double EV Charging Stations by 2025

SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada.

July 13, 2021
GovernmentBusinessSafetyLogistics

Slow Vaccine Rates for Seafarers Threaten to Worsen Shipping Chaos

Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime workers and potentially slowing economies trying to pull out of pandemic slowdowns.

July 13, 2021
BusinessTechnologyFuelAutonomous

EV Battery Maker SES Agrees to Go Public Via Ivanhoe SPAC

Battery maker SES Holdings Pte has agreed to go public by merging with Ivanhoe Capital Acquisition Corp. in a deal that will value the combined company at about $3.6 billion.

July 13, 2021
GovernmentBusiness

Consumer Prices Surged in Past Year the Most Since 2008

WASHINGTON — American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply.

July 13, 2021
BusinessTop 100

PepsiCo’s Sales Jump Most in a Decade as Restaurants Reopen

PepsiCo Inc. reported the fastest sales growth in at least a decade and raised its forecast, benefiting from thirsty consumers returning to restaurants, bars and stadiums and others diving into bags of chips.

July 13, 2021
GovernmentBusiness

Bipartisan Infrastructure Deal Stalls as Bigger Plan Gains

WASHINGTON — A $1 trillion bipartisan infrastructure deal senators struck with President Joe Biden is at risk of stalling out as Republicans mount stiff resistance over ways to pay for it, and momentum shifts to a more robust Democratic proposal that could come into focus soon.

July 13, 2021
GovernmentBusinessTechnologyAutonomous

TRB Panelists Talk Automated Trucking’s Implications on Driver Shortage, Safety

Automated trucking applications, particularly in the longhaul sector, have the potential to help alleviate some of the strains associated with the industrywide driver shortage, a panel of experts told researchers.

July 12, 2021
BusinessTechnologyEquipmentFuel

PFG, Dana Both Advance Sustainability Measures

A leading private carrier and a tier one supplier recently each announced additional sustainability goals.

July 12, 2021
GovernmentBusinessEquipmentLogistics

Executive Order on Competition Mostly Praised in Shipping Community

President Joe Biden’s signing of an executive order to increase competition and reduce congestion in the supply chain is gaining the support of leaders at the Federal Maritime Commission and trade associations.

July 12, 2021
BusinessFuel

Neste Renewable Diesel First to Gain Industry Certification

Helsinki-based Neste Corp. announced its renewable diesel brand, Neste MY Renewable Diesel, is the first to receive the industry’s Top Tier Diesel Fuel certification for its quality and performance.

July 12, 2021