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.

BusinessEquipment

Average Used Class 8 in May Brings All-Time High Price

The average sales price for a used Class 8 vehicle sold in May set the all-time record, jumping ahead of April’s claim to that title, amid the trend of strong demand for trucks once again outpacing the available supply, ACT Research reported.

June 29, 2021
GovernmentBusinessLogistics

US Should Distance From Trump-Era Trade, Key EU Official Says

The Biden administration should take a different approach to trade than that of its predecessor to help improve the U.S. economy, a key European Commission trade official said.

June 29, 2021
BusinessLogistics

Supply & Demand: How Ports Operate in a Stretched Supply Chain

For the last nine months, ports have seen record container volumes with movement limited and more supplies needed. As a lynchpin of our supply chain, managing a port requires high-functioning information systems to predict and plan for supply and demand as well as communicating with every link in the value chain.

June 29, 2021
Business

TravelCenters of America Added to Russell Indexes

TravelCenters of America Inc. has been added to the Russell 2000 Index as part of Russell Investments’ annual reconstitution of its comprehensive set of U.S. and global equity indexes, the company announced.

June 29, 2021
GovernmentBusinessTechnologySafetyAutonomous

NHTSA Orders Automated Vehicle Makers to Report Crashes

The U.S. government’s highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver-assist systems.

June 29, 2021
GovernmentBusinessSafety

Washington State DOT Completes Bridge to Aid Port of Tacoma Traffic

The Washington State Department of Transportation unveiled a new bridge that is meant to alleviate traffic in a busy freight corridor near the Port of Tacoma.

June 29, 2021
GovernmentBusinessLogistics

Biden to Take Infrastructure Agenda to Rural US

American agriculture is on track for one of its best years this century as soaring exports to China boost corn, soybean and wheat prices.

June 29, 2021
BusinessTechnologyLogistics

HDA Truck Pride Partners With PhaseZero

HDA Truck Pride announced June 29 that it is partnering with PhaseZero to bring e-commerce solutions to its distributor members.

June 29, 2021
BusinessTechnologyLogisticsAutonomous

Robotics Firm AutoStore Plans IPO at $10 Billion Value

AutoStore is weighing an initial public offering that could value the Norwegian warehouse robotics company at more than $10 billion, according to people familiar with the matter.

June 29, 2021
GovernmentBusinessTechnologyLogisticsAutonomous

Alphabet Jumps Into Drone Air-Traffic Control With Flight App

Alphabet Inc.’s drone-delivery venture, Wing, is releasing free software for U.S. drone users to get permission to fly near sensitive areas such as airports.

June 29, 2021