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.

BusinessTechnologyEquipment

Peterbilt Announces New Medium-Duty Trucks and Transmission, Updated Engines

Peterbilt Motors Co. announced two new medium-duty box truck models — the 535 and 536 — aimed at the lease and rental segment; and two other models — the 537 and 548 — intended for the vocational “Class 7/8 market” that allow for multiple body builder integrations.

April 7, 2021
GovernmentBusinessSafety

Stakeholders Advocate Action on Biden’s Infrastructure Plan

With policymakers aiming to commence consideration of President Joe Biden’s $2.25 trillion infrastructure plan this spring, groups representing every corner of the transportation landscape appear united in their calls for action on Capitol Hill.

April 7, 2021
GovernmentBusinessTechnologyFuel

EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance

Two of the world’s largest electric-vehicle battery-makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that could affect the electrification plans of Ford Motor Co. and Volkswagen AG.

April 7, 2021
GovernmentBusinessTechnologyAutonomousTCA

Why Remote Control Isn’t Required for Self-Driving Vehicles

WASHINGTON — As autonomous vehicle testing advances without cohesive federal guidelines, companies are operating under inconsistent or nonexistent rules for how and whether a vehicle is monitored and controlled on the road.

April 7, 2021
BusinessTechnologyLogisticsAutonomousTop 100TCA

UPS Orders Electric Aircraft to Transport Cargo Between Facilities

UPS Inc. is ordering 10 electric aircraft that are designed to take off and land like a helicopter, allowing it to fly cargo directly between its facilities in small markets and bypass airports.

April 7, 2021
BusinessTechnologyFuelAutonomous

Nikola Loses EVP Heading Fuel Cell Development

Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel cell development program.

April 7, 2021
BusinessLogistics

Commodity Shipping Rates Surge; Rally Isn’t Over

For a glimpse of how quickly and unevenly economies are recovering from the pandemic, look no further than the market for shipping raw materials.

April 7, 2021
BusinessEquipmentFuel

Shell to Make First Profit From Oil Output Since Pandemic

Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said.

April 7, 2021
BusinessTechnologyEquipment

Haldex Reports Positive 2021 Outlook, Taps New CEO

Haldex said in its recently released annual report that the outlook for 2021 is positive as it continues its role as a global supplier of brake products and air suspension systems for heavy-duty trucks and trailers.

April 7, 2021
BusinessLogisticsTop 50

XPO Logistics Announces Hiring Plans, Taps CFO for Spinoff GXO

XPO Logistics plans to fill more than 1,400 positions to meet growing demand in its less-than-truckload business.

April 7, 2021