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

Initial Jobless Claims Edge Up but Hold Near Pandemic Low

Applications for U.S. state unemployment insurance edged up last week, though remained near a pandemic low, as the labor market grinds its way toward a full recovery.

July 8, 2021
GovernmentBusinessSafetyFuel

PHMSA Seeks Ideas to Improve Safe Hazmat Transportation

The Pipeline and Hazardous Materials Safety Administration is seeking ideas for leading-edge research and innovative techniques to advance the safe transportation of hazardous materials.

July 8, 2021
BusinessTechnologyEquipmentSafety

TMC/FleetNet America Reports Spike in Unscheduled Roadside Repairs

Fleets experienced an increase in unscheduled roadside maintenance from the end of 2020 through the first quarter of 2021, according to benchmarking data compiled by service data program developer FleetNet America and the Technology & Maintenance Council of American Trucking Associations.

July 7, 2021
GovernmentBusinessFuel

US Projects Modest Oil Output Increase in 2021 Despite High Prices

The U.S. sees limited domestic oil production growth through next year despite rising oil prices and rebounding demand.

July 7, 2021
Business

Women In Trucking VP Sparks Chosen for Wreaths Across America Board

Debbie Sparks, vice president of the Women In Trucking Association, has been named to the board of directors for Wreaths Across America.

July 7, 2021
BusinessTechnologyFuel

Stellantis Nears Deal to Build Major EV Battery Plant in Italy

Stellantis NV is leaning toward building its third European battery plant in Italy after Chairman John Elkann met with government officials in Rome earlier this week, according to people familiar with the discussion.

July 7, 2021
Business

Egypt Bids Adieu to Suez Canal Saga With Payoff, Party

For a nation that provides safe passage for so many ships through its waters, Egypt offered up rather special treatment for the Ever Given.

July 7, 2021
GovernmentBusiness

US Job Openings Rise to Record, Underscore Hiring Difficulties

U.S. job openings rose to a fresh record high in May, underscoring persistent hiring difficulties and reflecting more vacancies in the health care, education and hospitality industries.

July 7, 2021
BusinessTechnologyEquipment

Ryder Seeks $3.7 Million Default Judgment Against Chanje

Ryder Truck Rental Inc. asked a federal judge to issue a $3.7 million default judgment in its civil lawsuit against a Chinese-backed truck maker that allegedly failed to make good on promises to deliver 100 Class 5 electric vehicles to Ryder in 2017.

July 7, 2021
BusinessEquipment

Crossroads Trailer Acquires Northcutt

Great Dane dealership Crossroads Trailer announced it acquired Northcutt, a trailer sales-and-service operation in Wichita, and Garden City, Kan., that was founded in 1965.

July 7, 2021