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.

BusinessTechnologyFuelAutonomous

Tesla Shares Drop After Fire at EV Maker’s California Plant

Tesla Inc. shares fell a day after firefighters responded to an incident at the company’s factory in Fremont, Calif., containing a blaze in an area of the property under construction.

March 12, 2021
GovernmentBusinessEquipmentFuel

DeJoy Embraces Electric Trucks Despite USPS Contract Award

Postmaster General Louis DeJoy, defending the selection of a gasoline-powered vehicle maker to build the next generation of U.S. mail trucks, said he envisions the service moving quickly to electric power.

March 11, 2021
BusinessEquipment

Trailer Orders Rise 82% in February to 24,200

U.S. trailer orders in February reached 24,200, an increase of 82% from a year earlier, ACT Research reported.

March 11, 2021
GovernmentBusinessFuel

Biden Is Betting His Whole Climate Agenda on Infrastructure

Candidate Joe Biden rode into the White House promising to build back the economy after the devastation of COVID-19 with cleaner energy and a lower carbon footprint. The $1.9 trillion American Rescue Plan that President Biden signed into law March 11, however, does little in the way of fulfilling that pledge.

March 11, 2021
Business

Renault to Sell $1.4 Billion Daimler Stake

Renault SA plans to sell shares in Daimler AG worth about $1.4 billion (1.2 billion euros) to secure funds for its turnaround efforts after a record annual loss.

March 11, 2021
BusinessTechnologyEquipmentFuel

LG to Invest $4.5 Billion to Expand Battery Capacity in US

LG Chem Ltd. plans to invest $4.5 billion in the U.S. by 2025 and hire 10,000 workers to expand battery capacity.

March 11, 2021
BusinessSafety

Officials Call $202,000 Towing Bill a Textbook Example of a Scam

A Wisconsin motor carrier got a big surprise when one of its tractor-trailers hauling a truckload of cheese had to be pulled from a ditch on I-64 in central Virginia: A $202,000 removal and towing bill.

March 11, 2021
GovernmentBusiness

Congressional Earmarks Can Be Tool for Advancing Infrastructure Bill, Stakeholders Say

Freight transportation stakeholders said they’d welcome revival of the long-dormant congressional earmark process as part of comprehensive infrastructure legislation later this year.

March 11, 2021
GovernmentBusinessSafety

Transportation Aid Included in COVID-19 Relief Bill

Aid for transportation programs around the country was approved as part of the nearly $2 trillion COVID-19 relief package signed by President Joe Biden on March 11.

March 11, 2021
BusinessTechnologyEquipment

Isuzu Makes Enhancements on 2022i Model Year N-Series Diesel Trucks

Isuzu Commercial Truck of America Inc. unveiled what it called major changes intended to enhance its 2022 interim model year N-Series diesel trucks.

March 11, 2021