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.

GovernmentBusinessTechnologySafety

Truck Parking Information Needs to Be Functional, Accurate, ATRI Research Says

Effectively addressing the truck parking capacity problem will depend on standardization and accuracy, according to a recent white paper from the American Transportation Research Institute.

June 15, 2021
GovernmentBusiness

Dems, White House Give Infrastructure Compromise One Last Chance

The White House is giving bipartisan talks on a compromise infrastructure package another week to 10 days to bear fruit and is prepared to endorse a Democrat-only route if that effort fails, according to House lawmakers.

June 15, 2021
GovernmentBusinessTechnologyFuel

John Kerry: Carbon Capture ‘Key Tool’ to Curb Factory Emissions

Carbon capture is emerging as a key strategy for curbing greenhouse-gas emissions from heavy industry, according to U.S. climate envoy John Kerry.

June 15, 2021
GovernmentBusiness

US Industrial Production, Factory Output Climb in May

Surging output of cars, trucks and auto parts pulled U.S. factory production up 0.9% in May.

June 15, 2021
BusinessTechnologyTop 100

Forward Air Expands LTL Service in Washington

Forward Air Corp. will expand its expedited less-than-truckload service into Spokane, Wash., the company announced June 14.

June 15, 2021
BusinessTechnologyAutonomous

GM’s Cruise Unit Starts Preproduction on Autonomous Shuttle

Cruise, the self-driving-car unit majority-owned by General Motors Co., has started preproduction on its purpose-built battery-electric autonomous shuttle and boosted its access to cash.

June 15, 2021
BusinessTechnologyFuelLogistics

GM, Wabtec Agree to Make Electric and Hydrogen-Powered Trains

General Motors Co. and Wabtec Corp. have signed a nonbinding agreement to build locomotive engines using the automaker’s Ultium electric battery and its Hydrotec hydrogen fuel-cell system, the companies said June 15.

June 15, 2021
GovernmentBusiness

US Retail Sales Drop, Hinting at Shift to Spending on Services

U.S. retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to services as the economy reopens.

June 15, 2021
Business

Institute for Supply Management Names Four R. Gene Richter Scholarship Winners

The Institute for Supply Management announced four recipients of the R. Gene Richter Scholarship.

June 15, 2021
GovernmentBusinessFuel

Diesel Average Is Up 1.2¢ in Seventh Consecutive Increase

The nationwide average price of diesel fuel increased by 1.2 cents over the past week to $3.286 a gallon, according to data released June 14 by the Energy Information Administration.

June 14, 2021