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.

GovernmentBusiness

Biden Rejects Higher GOP Infrastructure Offer From Capito

President Joe Biden rejected an increased infrastructure offer from a group of Senate Republicans led by Shelley Moore Capito on June 4, the White House said.

June 4, 2021
GovernmentBusinessSafetyLogistics

C.H. Robinson Petitions Supreme Court to Hear Negligent Hiring Case

C.H. Robinson Worldwide Inc. has asked the U.S. Supreme Court to overturn a federal appellate court decision involving a personal injury suit accusing the freight broker of negligent hiring.

June 4, 2021
GovernmentBusinessTechnologyFuel

ChargePoint CEO Sees Electric Pickups Winning Over Americans

The largest vehicle charging network in the U.S. is counting on electric pickup trucks to finally win over American drivers for EVs.

June 4, 2021
BusinessTechnologyEquipmentSafety

Detroit Adds New Features to Suite of Safety Systems

Detroit announced it added new features to its Detroit Assurance suite of safety systems for the Freightliner Cascadia and Western Star 49X models spec’d with a Detroit powertrain.

June 4, 2021
GovernmentBusiness

Biden Floats 15% Minimum Corporate Tax to Fund Infrastructure

President Joe Biden has pitched to Republicans the idea of a 15% minimum tax on U.S. corporations, along with strengthened IRS enforcement efforts, as a way to fund a bipartisan infrastructure package.

June 4, 2021
GovernmentBusinessTechnologySafetyTop 100

Pete Buttigieg Cites Importance of I-40 Bridge Repair

Phase 2 of the two-part effort to repair the Interstate 40 bridge is underway, according to transportation officials.

June 4, 2021
GovernmentBusiness

House Democrats Unveil $547B Highway Bill Amid Biden Talks

Democratic members of the House Transportation and Infrastructure Committee on June 4 unveiled a $547 billion surface transportation reauthorization bill.

June 4, 2021
GovernmentBusinessSafety

NHTSA: Truck-Involved Fatalities Down 2%

The National Highway Traffic Safety Administration reported fatalities in large truck-related crashes were down 2% in 2020 from 2019, but overall the number of on-road fatalities rose 7%.

June 4, 2021
GovernmentBusiness

US Adds 559,000 Jobs in May

WASHINGTON — U.S. employers added 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession.

June 4, 2021
GovernmentBusiness

Biden’s Infrastructure Plan Endangered by Dire Shortages

The biggest threat to President Joe Biden’s vision of energizing the U.S. economy with the largest infrastructure program in decades may not be its challenging path through Congress, but a dire shortage of everything from workers to cement mills.

June 4, 2021