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.

GovernmentBusinessSafety

ATRI Marks 20th Anniversary

The American Transportation Research Institute is marking 20 years of providing the industry with research into the issues it confronts every day.

May 19, 2021
GovernmentBusinessTechnologyFuel

Biden Considering Point-of-Sale Rebates for Electric Car Buyers

The Biden administration wants to give consumers rebates for purchasing electric vehicles to help the U.S. compete against China in manufacturing the next generation of automobiles, White House climate adviser Gina McCarthy said.

May 19, 2021
GovernmentBusinessSafety

ATA Extends Contract for President, CEO Chris Spear

American Trucking Associations President Chris Spear has signed a contract that extends his leadership of the organization for five more years, ATA announced.

May 19, 2021
GovernmentBusinessTechnologyLogistics

China Bill to Include $52 Billion for U.S. Chip Manufacturing

The Senate will include $52 billion to bolster domestic semiconductor manufacturing in a broader bill to enhance U.S. competitiveness with China, Senate Majority Leader Chuck Schumer said.

May 18, 2021
GovernmentBusinessTechnologyEquipmentFuelTCA

At Ford Visit, Biden Says Future of Autos Is Electric

Without mentioning his predecessor’s name, President Joe Biden criticized former President Donald Trump while visiting a Ford Motor Co. plant in Dearborn, Mich., on May 18, saying Trump’s rollback of fuel standards delayed an inevitable move to electric vehicles.

May 18, 2021
GovernmentBusinessTechnologyEquipmentFuel

Biden Takes Spin in Ford’s Electric F-150

President Joe Biden made an unscheduled stop at a Ford Motor Co. test track outside Detroit on May 18, where he hopped into the company’s new all-electric F-150 pickup truck and took a spin.

May 18, 2021
BusinessTechnologyLogistics

For Freight Brokers, Managing Data Key as Volume Grows, Experts Say

Artificial intelligence and machine learning are two expanding means logistics companies can use to gather and process tremendous amounts of data surrounding freight shipments.

May 18, 2021
BusinessTechnologyFuelAutonomous

Elon Musk Loses World’s Second-Richest Ranking

Elon Musk’s Twitter posts keep sending Bitcoin prices tumbling. His own fortune is heading in the same direction. On May 17, Tesla Inc.’s CEO lost his spot as the world’s second-richest person.

May 18, 2021
BusinessTechnologyAutonomous

Rivian’s Tesla Alums Lead Charge as Debut Nears for First Three EVs

Rivian Automotive Inc. will soon set off on an aggressive sprint to upend the electric-vehicle business, with plans to start selling three models — a pickup truck, SUV and delivery van — in a matter of months. For this ambitious effort, it has harnessed powerful weapons: former Tesla Inc. engineers who launched the company’s Model 3 sedan.

May 18, 2021
BusinessLogisticsBreaking News

Tonnage in April Rises 6.9% Year-Over-Year

Truck tonnage in April increased a seasonally adjusted 6.9% compared with year-ago levels, according to American Trucking Associations' For-Hire Truck Tonnage Index.

May 18, 2021