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

DeFazio Touts Benefits of Infrastructure Plan

President Joe Biden’s $2.25 trillion infrastructure proposal would address environmental concerns and enhance the business landscape nationwide, said the top transportation policymaker in the U.S. House of Representatives.

April 6, 2021
GovernmentBusinessFuel

US Forecasts Highest Summer Fuel Prices Since 2018

Drivers eager to get back on the road more than a year into the pandemic will face the highest summer gasoline prices since 2018, according to a U.S. government report.

April 6, 2021
BusinessTechnologyEquipmentFuel

NACFE to Monitor Downtime in Run on Less — Electric

As the North American Council for Freight Efficiency prepares for its Run on Less — Electric demonstration in September, it expects vehicle downtime likely to be a factor and something to chart.

April 6, 2021
BusinessFuel

GM to Build Electric Pickup at Detroit Plant

General Motors Co. is about to enter the electric-pickup battle, announcing April 6 that it will build a battery-powered Chevrolet Silverado model at its Detroit-Hamtramck plant.

April 6, 2021
GovernmentBusinessLogistics

Canada May Run Out of Warehouse Space This Year

Canada is in danger of running out of warehouse space by the end of the year, thanks to the boom in e-commerce sparked by the pandemic.

April 6, 2021
BusinessTechnology

Automakers Want Aid for Car-Grade US Chip Production

Automakers want a portion of the money Congress approved for addressing the global semiconductor shortage to be reserved for vehicle-grade chips — warning of a potential 1.3 million shortfall in car and light-duty truck production in the U.S. this year.

April 6, 2021
BusinessTechnologyEquipment

Tesla’s Blowout Deliveries Lift Shares Even as Smaller Peers Lag

Tesla Inc. first-quarter delivery numbers blew past analysts’ estimates, helping the stock fend off a slide in the broader electric vehicle industry amid growing skepticism about the future of President Joe Biden’s infrastructure bill.

April 6, 2021
GovernmentBusinessLogistics

Suez Canal Traffic Briefly Stopped as Oil Tanker Loses Power

Traffic through Egypt’s Suez Canal was briefly halted April 6, just two weeks after a giant containership ran aground and blocked the waterway that’s vital for global trade.

April 6, 2021
BusinessTechnology

New Samsara Service Helps Carriers Compare to Industry

Samsara launched a new service aimed at helping carriers identify areas for improvement by revealing industry benchmarks, the company announced April 6.

April 6, 2021
GovernmentBusinessSafety

ATA, Insurance Groups Vow to Tackle Towing Fraud, Staged Accidents

American Trucking Associations, the American Property Casualty Insurance Association and the Coalition Against Insurance Fraud have announced a plan to combine their resources to pursue legislation to tackle two of trucking’s biggest problems — towing fraud and staged accidents.

April 6, 2021