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.

BusinessEquipmentSafety

A Year of Pandemic: Commercial Vehicle Suppliers Kept Customers, Workforce in Mind

It was crucial for commercial vehicle suppliers to be identified as essential while they tried to find their way through COVID-19 when it first spread a year ago and deepened afterward, an executive with a leading supplier trade group said.

March 22, 2021
BusinessTechnologySafetyLogistics

A Year of Pandemic: Logistics Companies Adapted as Needed

Logistics companies that diversified, were nimble and leveraged data-driven technologies had the best chance to continue operating throughout the coronavirus pandemic.

March 22, 2021
BusinessSafety

A Year of Pandemic: Number of Roadside Inspections Fell

ā€œIt was definitely a strange year for inspectors,ā€ said Kerri Wirachowsky, director of the Commercial Vehicle Safety Alliance’s roadside inspection program. ā€œIn the beginning of the pandemic, a lot of agencies just stopped doing inspections completely, only stopping vehicles if they saw an imminent issue,ā€ she said.

March 22, 2021
BusinessSafety

A Year of Pandemic: ATA President Spear Lauds Drivers as ā€˜Soldiers on the Front Lines’

American Trucking Associations President Chris Spear acknowledged the adversity the industry faced during the historic year.

March 22, 2021
GovernmentBusinessSafetyLogistics

A Year of Pandemic: Ports Battled COVID in 2020, and now Freight Crunch in 2021

American Association of Port Authorities CEO Chris Connor told Transport Topics the biggest takeaway from the coronavirus pandemic is the essential nature of ports.

March 22, 2021
GovernmentBusinessSafety

A Year of Pandemic: Technology Key to States' Response

Victoria Sheehan, president of the American Association of State Highway and Transportation Officials, said technology made an important difference in state transportation departments’ pandemic operations.

March 22, 2021
BusinessBreaking News

CP Rail Agrees to Buy Kansas City Southern for $25 Billion

Canadian Pacific Railway Ltd. agreed to buy Kansas City Southern for $25 billion, seeking to create a 20,000-mile rail network linking the U.S., Mexico and Canada in the first year of those nations’ new trade alliance.

March 21, 2021
BusinessTechnologyLogistics

Automotive Chipmaker Renesas Says Fire Halts Production

Renesas Electronics Corp., one of the biggest makers of automotive chips, said a fire halted production at one of its Japanese plants. The incident may exacerbate a shortage of semiconductors that has already curbed vehicle output across the industry.

March 19, 2021
GovernmentBusiness

Buttigieg to Speak Before House Transportation Panel March 25

Department of Transportation Secretary Pete Buttigieg is scheduled to appear before the U.S. House transportation panel March 25.

March 19, 2021
BusinessEquipment

Yokohama Website Redesigns Focus on Customers

Yokohama Tire Corp.’s websites for commercial and consumer customers were redesigned to enhance customer experience, the company announced March 17.

March 19, 2021