Trucking Business News

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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.

GovernmentBusinessTechnologyAutonomousTCA

Automakers Push for Congressional Movement on AV Rules

A group of nearly four-dozen automakers, industry advocacy groups and corporations sent a letter to Congressional leaders Feb. 3 urging action on legislation that would allow for greater deployment of autonomous vehicles.

February 4, 2021
BusinessEquipmentTop 100

Class 8 Orders in January Clear 40,000

North American Class 8 orders kicked off the year by reaching 42,200 in January, up 146% from a year earlier when they were 17,204, ACT Research reported, citing truck makers’ initial data.

February 4, 2021
Business

Echo Global Logistics Reports Strong Profit, Revenue Results for Q4

Echo Global Logistics Inc. on Feb. 3 reported higher year-over-year increases in earnings and revenue for the fourth quarter of 2020.

February 4, 2021
GovernmentBusinessSafety

Trump Administration Independent Contractor Actions Face Uncertainty

The U.S. Department of Labor is backing off a pair of actions issued in the waning days of the Trump administration that were widely perceived to be favorable to motor carriers’ use of independent contractors.

February 4, 2021
GovernmentBusiness

US Unemployment Claims Fall to 779,000; Job Cuts Grind On

The number of Americans seeking unemployment benefits declined to 779,000 in the week ended Jan. 30, a still historically high total that shows that a sizable number of people keep losing jobs to the pandemic.

February 4, 2021
GovernmentBusiness

California Court Rejects Suit Challenging Independent Contractor Exemption

The California Supreme Court rejected a lawsuit Feb. 3 that sought to overturn a ballot measure that makes app-based ride-hailing and delivery drivers independent contractors instead of employees eligible for benefits and job protections.

February 4, 2021
BusinessTechnologyLogisticsTop 50Top 100

UPS Gives Old Jets New Life

Imagine ripping out the dashboard of your 20-year-old minivan and replacing it with the high-tech controls from a Tesla.

February 4, 2021
BusinessEquipment

Peterbilt Introduces Redesigned Model 579 Flagship

Peterbilt Motors Co. has unveiled a restyled version of its Model 579 flagship on-highway truck that offers a 7% fuel economy improvement compared with the truck it replaces, which was launched in 2012.

February 4, 2021
BusinessEquipment

Wabash National Posts Lower Q4 Earnings

Wabash National Corp. reported lower net income and revenue in the fourth quarter as new trailer shipments fell.

February 4, 2021
GovernmentBusinessTechnologyAutonomous

Google Seeks OK to Test Drones for Firefighting

Google asked the U.S. Federal Aviation Administration for permission to test drones to research how the technology can help monitor and control fires.

February 3, 2021