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.

BusinessTechnologyEquipmentAutonomous

Driverless Truck Startup Plus Seeks SPAC Merger

Self-driving truck startup Plus is in advanced talks with a few special purpose acquisition companies for a merger, as it seeks to bankroll its expansion in the autonomous driving industry, according to people familiar with the matter.

March 8, 2021
GovernmentBusinessFuel

European Gasoline Diverted to Texas to Ease Supply Crunch

Five gasoline tankers that were en route to the U.S. East Coast diverted to the Port of Houston to help ease a supply crunch after last month’s freeze crippled the region’s refineries.

March 8, 2021
GovernmentBusiness

Senate OKs $1.9 Trillion COVID-19 Relief Package

The U.S. Senate passed a sweeping $1.9 trillion COVID-19 relief bill March 6 that includes billions for vaccines, $1,400 direct payments to many Americans and billions for transit.

March 7, 2021
GovernmentBusinessTechnologyAutonomous

Ex-DOT Official Finch Fulton Joins Locomation

Locomation hired former U.S. Department of Transportation official Finch Fulton to serve as its vice president of policy and strategy.

March 5, 2021
Business

Big G Express Announces 6th Annual Charity Motorcycle Ride

Over-the-road trucking company Big G Express announced plans to hold its sixth annual motorcycle ride benefiting St. Jude Children’s Research Hospital on June 5.

March 5, 2021
BusinessFuel

Oil Soars Above $66, Highest in Two Years

Oil rallied to the highest in nearly two years in New York after OPEC+ shocked markets with a decision to keep supply limited as the global economy starts to recover from the pandemic-driven slump.

March 5, 2021
BusinessSafety

CVSA Cancels North American Inspectors Championship in Minnesota

The Commercial Vehicle Safety Alliance has canceled this year’s North American Inspectors Championship, which had been scheduled to take place in August in Minneapolis, the trade group announced March 5.

March 5, 2021
GovernmentBusinessSafety

Freight Economy Among Priorities of California’s Long-Term Plan

Improving freight movement in support of a strong economy is one of the priorities listed in the California Department of Transportation’s long-range transportation plan.

March 5, 2021
BusinessTechnologyFuel

Commercial Vehicle Group Partners With Xos

Commercial Vehicle Group announced a partnership with commercial electric vehicle manufacturer Xos Inc. to develop sustainability initiatives intended to champion innovation and solutions for growing macro-trends in the marketplace.

March 5, 2021
GovernmentBusiness

Biden Attempts Bipartisan Push for Infrastructure Package

President Joe Biden tried to maintain bipartisan momentum for a new infrastructure program by meeting March 4 with Republican and Democratic lawmakers at the White House.

March 5, 2021