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.

GovernmentBusinessTechnologySafety

FHWA Grants Will Support User-Based Funding Projects

The Federal Highway Administration recently awarded $18.7 million to eight projects that will test user-based funding methods.

March 23, 2021
BusinessTechnologyEquipmentSafety

Goodyear Notches Diagnostic Milestone

The Goodyear Tire & Rubber Co. announced a milestone as its tire management tools inspected nearly 4 million tires over a year to help fleets identify potential tire issues and improve overall fleet operations, and identified nearly 400,000 potential tire issues.

March 23, 2021
GovernmentBusiness

Biden Starts Infrastructure Bet With US Far Behind China

President Joe Biden is betting that a multitrillion-dollar economic plan centered around infrastructure spending will do more than bolster an American economy hammered by the coronavirus pandemic: It will ensure his country’s competitiveness against China for decades to come.

March 23, 2021
GovernmentBusinessSafetyLogisticsBreaking News

February Tonnage Takes Winter Weather Hit

Severe winter weather took a toll on truck tonnage in February, according to American Trucking Associations.

March 23, 2021
Business

Business-Spending Growth Key for US Economic Rebound

The velocity of the U.S. economy’s post-pandemic rebound hinges on more than just an increasingly capable consumer, and business spending appears poised to deliver its own boost.

March 23, 2021
Business

PGT Trucking Adds Two New Locations

PGT Trucking Inc. has opened a terminal in Phoenix and relocated one to Fort Smith, Ark., to support increased market demands in those regions.

March 23, 2021
BusinessTechnologyEquipment

Chip Shortage Could Stall Volvo Truck Production Up to a Month

Volvo Group declined after the truck maker said it will have to suspend production across its operations because of the shortage of semiconductors that has disrupted the car industry for months.

March 23, 2021
BusinessTechnologyAutonomous

Tesla, Apple Trigger Wall Street Dreams of $3 Trillion Valuation

A growing chorus of Wall Street professionals is predicting that electric and autonomous vehicles sales will propel Tesla Inc. and Apple Inc. to $3 trillion each in market value by 2030.

March 22, 2021
GovernmentBusiness

Oregon Transportation Commission Approves Program to Address Freight Issues

The Oregon Transportation Commission recently approved the Enhance Highway Discretionary Program, which is meant to specifically address congestion and freight mobility issues.

March 22, 2021
BusinessTechnologyEquipment

Kenworth Shows Off Aerodynamics of T680 Next Gen

RENTON, Wash. — Kenworth Truck Co. spotlighted the aerodynamic and interior upgrades to its T680 Next Gen Class 8 during a small media event that began at its proving grounds here, then shifted to a 40-mile test drive during which both the day cab and highway models were on hand.

March 22, 2021