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.

BusinessEquipment

Heavy-Duty Repair Shops Report Drop in Revenue Due to Pandemic

A majority of heavy-duty repair shops saw a significant drop in revenue due to the coronavirus pandemic in 2020, a new report found.

March 4, 2021
BusinessTechnologySafety

Efficiency Gains Arise From COVID-Induced Contactless Delivery

COVID-19 has driven the need for contactless delivery methods, but a silver lining may be increased efficiency.

March 4, 2021
GovernmentBusiness

Senators Debate Pandemic Aid Bill Amid Infrastructure Funding Proposals

Senate Democrats aim to advance a $1.9 trillion COVID-19 relief measure that includes aid for transportation corridors before expanded unemployment benefits expire March 14.

March 4, 2021
BusinessSafety

Learn About FMCSA’s Regulatory Priorities for 2021

Each change in our country’s leadership brings a different vision of how our federal government should be run. That vision extends to the rules that the Federal Motor Carrier Safety Administration adopts and enforces. Two former FMCSA executives will tell you what to expect from the new administration.

March 4, 2021
BusinessFuel

Exxon CEO Eyes Money-Making Potential of Low-Carbon World

ExxonMobil Corp. sees multiple money-making opportunities in a low-emissions world and is targeting partnerships with venture funds to help finance growth in its carbon capture business, CEO Darren Woods said.

March 4, 2021
GovernmentBusinessFuel

Workhorse Sees ā€˜Prolonged Process’ to Challenge USPS Action

Workhorse Group Inc. said March 4 it sees a ā€œprolonged processā€ as it attempts to challenge the loss of a massive U.S. Postal Service contract to build the agency’s next-generation fleet of delivery trucks.

March 4, 2021
BusinessTechnologyEquipmentFuel

GM Looks for Location for Second US Battery Factory

General Motors is looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea.

March 4, 2021
GovernmentBusiness

US Jobless Claims Tick Up to 745,000 as Layoffs Remain High

The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.

March 4, 2021
GovernmentBusinessTechnologyEquipmentFuelTop 100

FedEx Sets Plan for Carbon-Neutral Operations by 2040

FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.

March 3, 2021
BusinessFuelAutonomousTCA

Minnesota Proposal Would Tax Electricity as Fuel

As gas tax revenue declines because more people are buying electric vehicles, a Minnesota lawmaker has proposed a bill that would tax electricity as fuel at charging stations for electric vehicles.

March 3, 2021