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.

GovernmentBusinessFuelLogistics

Texas’ Gas-Export Clampdown Shocks Market as Blackouts Continue

Texas is restricting the flow of natural gas across state lines in an extraordinary move that some are calling a violation of the U.S. Constitution’s commerce clause.

February 18, 2021
GovernmentBusiness

US Jobless Claims Hit Four-Week High in Fresh Labor Setback

Applications for U.S. state unemployment insurance jumped to a four-week high, indicating the labor market is suffering fresh setbacks even as the coronavirus pandemic shows signs of ebbing.

February 18, 2021
GovernmentBusinessTechnologySafety

DOT Opens Funding Opportunity for $889 Million in INFRA Grants

The U.S. Department of Transportation announced it is making $889 million available through its latest round of Infrastructure For Rebuilding America grants.

February 17, 2021
GovernmentBusinessSafety

Trucking Takes On Lawsuit Abuse in Florida

The Florida Trucking Association and its business allies are taking on lawsuit abuse in the state’s courts, and with the state Legislature, where the climate for change seems to be improving.

February 17, 2021
BusinessTechnologyLogisticsTop 100

Technology Brings Visibility to Supply Chains, Experts Say

The increased visibility that technology brings to supply chains is helping to improve efficiency in very specific ways, according to experts at a recent virtual event.

February 17, 2021
GovernmentBusinessSafety

New Jersey Gov. Phil Murphy Announces $100 Million for Clean Transportation

New Jersey Gov. Phil Murphy announced the investment of approximately $100 million in clean transportation projects, including an effort to deploy electric trucks.

February 17, 2021
BusinessFuel

Oil Production Slumps by Record 40% as Permian Freezes

Total U.S. oil production has plunged by close to 40% — the most ever — as an unprecedented cold blast freezes well operations across the central U.S., according to traders and industry executives with direct knowledge of the operations.

February 17, 2021
BusinessEquipment

Cummins Top Supplier of Class 8 Engines in 2020

Independent engine maker Cummins Inc. narrowly claimed the lead for the most Class 8 engines supplied in North America in 2020, pulling ahead by just 1,066 units over next-in-line Detroit, a brand of Daimler Trucks North America.

February 17, 2021
GovernmentBusiness

Industrial Production Climbs 0.9% in January

WASHINGTON — American industry expanded for the fourth consecutive month in January, but it has yet to return to the level of activity that preceded the pandemic.

February 17, 2021
BusinessTechnologyFuel

Ford to Go All Electric in Europe by 2030

FRANKFURT, Germany — Ford announced a major push into electric vehicles in Europe, vowing to convert its entire passenger car lineup on the continent to electrics by 2030.

February 17, 2021