Groendyke Transport has increased pay rates for more of its drivers as part of the second phase of a larger driver pay initiative, the company announced July 1.
July 2, 2021Trucking 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.
Couple Get 4 Years in Prison for 2015 Staged Truck Accident
A married couple from New Orleans have been sentenced to 48 months in federal prison for their role in a 2015 staged accident with a tractor-trailer.
July 2, 2021Trailers on the Road to Becoming Smart Partners in Freight Hauls
A new report from the Technology & Maintenance Council of American Trucking Associations said technology can help improve trailer utilization and help trailers become “full partners†with tractors in moving freight more efficiently.
July 2, 2021Lordstown Motors Drops on Report of Justice Probe
Lordstown Motors Corp. slid after the Wall Street Journal reported that the troubled electric-vehicle startup is being probed by the U.S. Justice Department.
July 2, 2021Tesla Delivers Record 201,250 Cars in Second Quarter
Tesla Inc. delivered 201,250 cars worldwide in the second quarter, a record for the electric-car maker led by CEO Elon Musk.
July 2, 2021Trade Deficit Increased to Second Biggest on Record in May
The U.S. trade gap widened in May to the second-largest on record as imports increased faster than exports.
July 2, 2021Job Growth Surges Most in 10 Months, Jumping Past Forecast
U.S. job growth accelerated in June, with payrolls gaining the most in 10 months, suggesting firms are having greater success recruiting workers to keep pace with the broadening of economic activity.
July 2, 2021Fourth of July Poses Increased Risk for Cargo Thefts
The Fourth of July holiday weekend could see an increase in cargo thefts based on trends of past years, according to theft prevention and recovery service CargoNet.
July 1, 20213 Steps to Success: Understand, Identify, & Address Your Fleet’s Driver Turnover
With turnover at truckload fleets ranging from 69% to 90% and the cost to replace a single driver sitting anywhere from $8,234- $20,729, addressing driver turnover should be top of mind for most fleets.Â
July 1, 2021Navistar Merges With Traton Group in $3.7 Billion Deal
Navistar International Corp. announced it merged with Munich-based Traton Group in a transaction valued at $3.7 billion, finalizing a strategic alliance launched in 2017.
July 1, 2021Trending
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