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.

GovernmentBusinessLogistics

2021 Farm Exports to China Will Approach Record

The value of U.S. farm exports to China will touch $31.5 billion in the federal fiscal year ending Sept. 30, the highest ever, the U.S. Agriculture Department said Feb. 18 in a report.

February 18, 2021
BusinessTechnologyFuel

Daimler Posts Income Increase, Revenue Dip in Q4

Daimler AG reported a dip in revenue and a gain in net income in the fourth quarter compared with a net loss a year earlier.

February 18, 2021
Business

Reliance Partners Adds Borderless Coverage to Portfolio

Trucking insurance company Reliance Partners has acquired Borderless Coverage, a North American cross-border supply chain insurance provider.

February 18, 2021
GovernmentBusiness

Democrats Put Biden Stimulus on 10-Day Fast Track for House Vote

The House is aiming to vote Feb. 26 on President Joe Biden’s $1.9 trillion stimulus plan, as Democrats pivot quickly to their top priorities after Donald Trump’s impeachment trial ended in acquittal.

February 18, 2021
BusinessTechnologyEquipmentFuel

DTNA’s Outgoing CEO Roger Nielsen Reflects on Industry’s Transformation

Roger Nielsen’s four years as CEO of Daimler Trucks North America coincided with a time of rapid change in the commercial vehicle industry, highlighted by the introduction of electric-powered trucks and the continued advance of automated driving and connected vehicle technologies.

February 18, 2021
BusinessEquipment

Allison, Dana Both Find Room for Optimism in Q4 Results

Allison Transmission Holdings Inc. reported lower net income and revenue while Dana Inc. posted lower net income and slightly increased revenue.

February 18, 2021
GovernmentBusinessFuel

EPA Steps Up Efforts to Catch Emissions Tampering

The U.S. Environmental Protection Agency is in its second year of a four-year enforcement effort to catch truckers who are installing emissions defeat devices or otherwise tampering with emissions systems.

February 18, 2021
BusinessEquipmentSafety

Pandemic Forces Cancellation of NTDC for Second Consecutive Year

For the second summer in a row, the National Truck Driving Championships & National Step Van Driving Championships are being canceled due to the COVID-19 pandemic.

February 18, 2021
BusinessEquipment

Ports Continue to Set Records; Congestion Worsens on West Coast

More than 60 containerships sat in San Pedro Bay on Feb. 18, at the entrance to the sprawling ports of Los Angeles and Long Beach. The vessels are waiting for a slot to sail into those facilities to begin unloading their cargo and then start the nearly two-week trip back to China.

February 18, 2021
GovernmentBusinessLogisticsTop 50

US Steps Up Heat on Container Carriers to Ease Port Congestion

U.S. regulators stepped up the heat on ocean shipping companies and the seaport terminals some of them operate, seeking to smooth the disrupted flow of containers that are swamping America’s biggest ports and wreaking havoc on the nation’s strained supply chains.

February 18, 2021