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.

GovernmentBusiness

Buttigieg Pitches Infrastructure Needs to Divided Congress

WASHINGTON — Transportation Secretary Pete Buttigieg is warning that the country’s infrastructure needs exceed $1 trillion and that other countries, namely China, are pulling ahead of the U.S. with their public works investments, a scenario he describes as “a threat to our collective future.â€

March 25, 2021
GovernmentBusinessFuelLogistics

Suez Canal Choked for Third Day as Elite Team Tackles Stuck Ship

A huge backlog of ships was building up around the Suez Canal for a third day as an elite salvage team set about the monumental challenge of freeing the container vessel that’s blocking the crucial waterway.

March 25, 2021
BusinessEquipment

February Container Volume High at Most Ports

Congestion at the nation’s ports will likely continue well into the year as February container numbers show a heavy volume of imports at the Pacific and Atlantic facilities.

March 25, 2021
GovernmentBusinessTechnologyEquipmentSafety

Bosch Research Calculates Value of Level 2 ADAS

Bosch Research announced that recent accident data it studied pointed to significant potential reductions in injuries and deaths, and to the cost savings that could result from equipping Classes 7-8 vehicles with advanced driver assistance systems focused on a truck’s position in a lane.

March 24, 2021
GovernmentBusiness

USDOT Begins Undoing Trump-Era Restrictions on Rulemaking

The U.S. Department of Transportation has begun the process of undoing a set of Trump-era regulations that ground agency work with industry to a halt and threatened to slow adoption of major policy goals of the Biden administration.

March 24, 2021
BusinessTechnologyLogisticsTop 50TCA

XPO Opening Automated Logistics Facility in Indiana

XPO Logistics will open an automated logistics facility in Clayton, Ind., at one of the state’s major logistics hubs in Hendricks County. The new facility is expected to employ 800 people and become fully operational sometime this summer, according to XPO.

March 24, 2021
GovernmentBusinessSafety

Arkansas Carrier Forced to Close After Multimillion-Dollar Ruling

Over Valentine’s Day dinner last year, Randy Clifton and his wife, Karyn, decided the fate of the trucking company that had been Randy’s pride and joy for a decade. Unfortunately, they had to close down.

March 24, 2021
Business

DSI Bulk Transport Maintains Identity Under American Bulk Commodities

When American Bulk Commodities acquired DSI Bulk Transport earlier this year, it was a deal that ABC President Mark Carrocce said dovetailed nicely with his company's business philosophy.

March 24, 2021
BusinessTechnologyEquipmentTCA

GM to Halt Midsize Truck Production on Chip Woes

DETROIT — General Motors Co. is halting production for two weeks at its Missouri midsize truck plant due to a global semiconductor supply constraint, the automaker said March 24.

March 24, 2021
GovernmentBusiness

Alabama Leaders Pitch Trucks-Only Toll Bridge

Leaders in the Mobile, Ala., area have proposed plans for a new toll bridge project that will be exclusive to large trucks.

March 24, 2021