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.

Business

More Carriers Raise Pay Amid Driver Shortage

Trucking companies are continuing to increase pay to recruit and retain drivers to protect against ongoing labor capacity issues.

June 17, 2021
BusinessLogistics

Trailer Optimization in a Reopening Economy

Program Aired: June 17, 2021. As our economy reopens, trailer orders are at unusually high volumes. When freight demand outpaces your operations, it’s difficult to meet deadlines and keep customers happy. Hear directly from a leading carrier and trailer leasing company about how they are staying prepared to maximize trailer utilization and maintain a high level of customer service.

June 17, 2021
BusinessTechnologySafetyLogisticsTop 100

Transportation Companies Prepare for Hurricane Season

Summer means the start of hurricane season in the Atlantic Ocean and many of the world’s biggest transportation companies are taking steps to prepare for what some forecasters say could once again be above-average activity along the Atlantic Coast and the Gulf of Mexico.

June 17, 2021
GovernmentBusiness

Rep. DeFazio to Highlight Road Congestion Remedies

WASHINGTON — Rep. Peter DeFazio, chairman of the U.S. House transportation committee and author of a comprehensive five-year, $547 billion highway bill, is very aware that being stuck in traffic is bad for business.

June 17, 2021
BusinessTechnologyFuel

Ford Acquires Battery-Management Startup to Charge EV Fleets

Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.

June 17, 2021
BusinessTechnologyLogisticsAutonomous

Electric Plane Pioneer Pivots to Cargo Drones

The man behind the only electric plane cleared to fly quickly discovered the challenges of converting world-leading technology into profits in a hotly contested, futuristic segment of aviation.

June 17, 2021
GovernmentBusiness

Jobless Claims Rise for First Time Since April

Applications for U.S. state unemployment insurance rose slightly for the first time since late April, likely a temporary blip for a labor market that’s otherwise improving as the economy reopens.

June 17, 2021
BusinessTechnologyAutonomous

KeepTruckin Raises Fresh Funds Valuing Startup at $2.3 Billion

KeepTruckin Inc. raised $190 million in a new funding round that values the San Francisco-based provider of fleet management software at $2.3 billion.

June 17, 2021
GovernmentBusiness

Bipartisan Infrastructure Plan Gains Support

Prospects for a bipartisan deal on the biggest infrastructure package in decades improved on June 16 as 21 senators, including 11 Republicans, signed onto a bipartisan framework for a $579 billion package.

June 16, 2021
BusinessTechnologyAutonomousTop 100

Locomation Adds PGT Trucking to Its Autonomous Convoy

Self-driving technology company Locomation announced motor carrier PGT Trucking Inc. is the latest fleet to sign up for its human-guided autonomous truck convoying technology.

June 16, 2021