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.

Business

The Value of a Good Driver

Just last month, a number of carriers announced driver pay increases mirroring a wider trend in the industry that emerged last year. Is this an effective strategy for combatting the worsening driver shortage? President & CEO of the National Transportation Institute, Leah Shaver, joins TT's Dan Ronan for a conversation about driver recruitment and retention in today's market and what tools fleet executives can use to succeed.

March 1, 2021
GovernmentBusinessLogistics

Shipping Begins for Third Vaccine; J&J Looks for Partners

As shipping of the third coronavirus vaccine begins, Johnson & Johnson is looking for manufacturing partnerships to increase supply of its COVID-19 vaccine that was cleared Feb. 27 by U.S. regulators, Chief Executive Officer Alex Gorsky said.

March 1, 2021
BusinessTechnology

Dana Acquires Pi Innovo to Add to Electrification Business

Dana Inc. announced it acquired Pi Innovo, expanding on its earlier noncontrolling interest in the company.

March 1, 2021
GovernmentBusinessFuel

Workhorse to Meet With USPS Over Truck Contract

Representatives of electric-truck maker Workhorse Group Inc. are scheduled to meet with officials at the U.S. Postal Service March 3 as the company explores options for challenging the loss of a massive contract to build the next generation of postal trucks.

March 1, 2021
BusinessSafety

Rolling Strong Coach Claudia Rodriguez Named WIT Member of the Month

The Women In Trucking Association announced Claudia Rodriguez, a wellness coach for Rolling Strong, as its February Member of the Month.

March 1, 2021
BusinessEquipment

Jackson Group Peterbilt Wins Awards From Peterbilt, Paccar Parts

Peterbilt Motors Co. named Jackson Group Peterbilt its 2020 North American Dealer of the Year.

March 1, 2021
GovernmentBusiness

Manufacturing Activity Jumps to Three-Year High in February

WASHINGTON — U.S. manufacturing expanded in February at the fastest pace in three years with the arrival of a surge in new orders.

March 1, 2021
BusinessEquipmentFuel

CMA CGM Dedicates Six LNG-Powered Vessels to Service U.S. Customers

French ocean carrier CMA CGM Group will dedicate six liquefied natural gas-powered containerships to the United States..

March 1, 2021
GovernmentBusinessSafety

NHTSA Probes Engine Fires in Nearly 1.9M Toyota RAV4 SUVs

DETROIT — The U.S. government is investigating complaints of engine compartment fires in nearly 1.9 million Toyota RAV4 small SUVs.

March 1, 2021
BusinessTechnologyEquipmentSafety

Fleets Use Risk Management Strategies That Emphasize Training, Technology

In an era of nuclear verdicts, fleets are finding it essential to maintain an effective risk management strategy to help protect the safety of their employees and the motoring public while also shielding their businesses from liability.

March 1, 2021