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.

GovernmentBusiness

Federal Leaders Host Roundtable With Trucking Executives

Federal officials met with trucking industry representatives to discuss driver retention and supply chain issues July 8.

July 8, 2021
GovernmentBusinessSafetyLogistics

Thousands of Railcars Stuck After Canadian Wildfires

Thousands of railcars loaded with grain are idled in the Vancouver corridor after Western Canadian wildfires damaged two main lines, while repairs enable a small but rising number to reach the country’s biggest port.

July 8, 2021
GovernmentBusinessEquipmentSafety

Trucking Operations Continue as Heat Pounds Western States

As extreme heat smothers western states, trucking operations are pressing on at a regular pace.

July 8, 2021
BusinessTechnologyAutonomous

Ford-Backed Argo Chooses Citigroup, JPMorgan to Go Public

Argo AI, the self-driving startup backed by Ford Motor Co. and Volkswagen AG, is working with investment bankers as it prepares to go public as soon as this year with a valuation expected to top $7 billion.

July 8, 2021
GovernmentBusinessSafety

Biden Promotes Infrastructure Plan as Congress Prepares Policy Agenda

President Joe Biden pressed Congress to legislate on the infrastructure policy aspects of his domestic agenda as lawmakers return to Washington from their July 4 recess.

July 8, 2021
GovernmentBusinessLogistics

US Seeks to Lower Spiking Shipping Costs With Competition

The Biden administration is set to ask regulators to promote competition in the ocean shipping and rail industries after consolidation led to spikes in prices, according to a person familiar with a pending executive order.

July 8, 2021
BusinessEquipmentLogistics

Mullen Ramps Up Acquisitions Amid Expansion Plans

Mullen Group recently announced several acquisitions as part of an ongoing strategic plan to grow the Canadian business.

July 8, 2021
GovernmentBusinessTechnologyFuel

Virginia DOT Rolls Out EV Charging Location Information

The Virginia Department of Transportation on July 7 introduced a new feature to help drivers locate electric vehicle charging stations.

July 8, 2021
BusinessLogisticsTop 50

DP World to Buy Imperial Logistics in $890 Million Bet on Africa

DP World plans to buy South Africa’s Imperial Logistics Ltd. for $890 million, in what the port operator said would be its most significant acquisition in Africa so far.

July 8, 2021
GovernmentBusinessLogistics

229% Surge in China-US Shipping Costs Drives Inflation Pressure

The cost to ship a boxload of goods to the U.S. from China edged close to $10,000 as the world’s biggest economy keeps vacuuming up imports amid slower recoveries from the pandemic from Europe to Asia.

July 8, 2021