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.

GovernmentBusinessLogistics

Top Maritime Regulator Sees Shipping Snarls Lasting to 2022

The top U.S. maritime regulator said stretched global supply chains pushing ocean-freight rates to record highs may stay strained into 2022, raising concerns about whether small American companies can weather another year of a tangled transport system and much higher costs.

June 9, 2021
BusinessLogisticsTop 50

XPO Says GXO Spinoff Should Be Completed by Q3

XPO Logistics has moved up the potential timeline to complete a spinoff of its logistics operations into a separate company, and also has provided updated financial guidance that forecasts strong growth for the planned independent company.

June 9, 2021
BusinessTechnologyEquipmentFuel

Commercial Classes 3-8 Trucks Cutting GHG Emissions

Some 49% of all Classes 3-8 commercial vehicles, or nearly 5.5 million trucks, are using advanced diesel engine technology to reduce greenhouse gas emissions, according to a new study.

June 9, 2021
GovernmentBusinessFuelLogistics

Nations Set to Discuss Reducing Global Shipping CO2 Emissions

John Kerry wants to accelerate the decarbonization of the global shipping industry, which spews more carbon dioxide into the atmosphere each year than France and the U.K. combined.

June 9, 2021
BusinessEquipment

VW Charged With Deceit Over Diesel

French investigators said Volkswagen AG has been charged in a fresh crackdown on alleged deception over diesel emissions that also has embroiled rival Renault SA.

June 9, 2021
BusinessTechnologyLogistics

Airbus Set to Move Ahead With A350 Freighter Within Weeks

Airbus SE is poised to begin taking orders for a freighter version of its A350 wide-body as soon as next month, in a challenge to Boeing Co.’s dominance in the market for dedicated cargo aircraft.

June 9, 2021
GovernmentBusiness

Democratic, GOP House Members Pitch New Infrastructure Plan

A group of Democratic and Republican U.S. House members that is trying to keep alive the hope of a bipartisan infrastructure package said late June 8 agreement had been reached on $761.8 billion in new spending over eight years.

June 9, 2021
GovernmentBusinessTechnologyEquipment

Biden Will Need More Than $52 Billion for Chip Effort, Analysts Say

President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical sector of the economy, but the strategy will need more money and global support to take back chip supremacy and pre-empt a rival effort from China.

June 9, 2021
GovernmentBusiness

Biden-Capito Infrastructure Talks End With No Deal

President Joe Biden ended talks with Republican Sen.Shelley Moore Capito on an infrastructure plan without a deal, after failing to reach agreement on the scope of spending or how to pay for it.

June 8, 2021
BusinessEquipment

Whiting Systems Opens New Welding Facility

Whiting Systems opened a new welding facility that will allow manufacturing processes to be faster for customers, the company announced last month.

June 8, 2021