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.

BusinessLogisticsTop 50Top 100

Schneider Reports Increased Net Income During Q4 2020

Schneider National on Feb. 3 reported a year-over-year increase in profit for the fourth quarter of 2020.

February 3, 2021
BusinessTechnologyEquipment

Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue

Meritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter.

February 3, 2021
GovernmentBusinessTechnologyEquipmentFuel

California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says

California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.

February 3, 2021
BusinessTechnologyFuel

Volvo Group Posts Higher Q4 Net Income

Volvo Group reported fourth-quarter net income rose amid a surge in North American truck orders, but revenue slipped.

February 3, 2021
Business

Ford Overhauls Pricey Raptor Truck to Take On Surging New Rivals

With new competition nipping at its wheels, Ford Motor Co. has overhauled its rugged F-150 Raptor model, a pricey and profitable pickup the company calls its “trophy truck.â€

February 3, 2021
GovernmentBusiness

US Senate Committee Approves Raimondo’s Nomination

Rhode Island Gov. Gina Raimondo’s nomination to become the country’s next secretary of commerce advanced to the floor of the U.S. Senate after a committee voted favorably on her qualifications.

February 3, 2021
Business

Daimler Truck Poised to Become Public Company

Daimler AG plans to split up into the world’s largest makers of luxury cars and commercial vehicles, renaming itself Mercedes-Benz and separately listing its truck unit by year-end.

February 3, 2021
BusinessTechnologyFuelAutonomousTCA

GM’s BrightDrop to Make EV600s for Merchants Fleet

DETROIT — Merchants Fleet, a fleet management company, plans to purchase commercial EV vans from General Motors Co.’s newly formed company BrightDrop.

February 3, 2021
BusinessTechnologyFuelLogisticsAutonomous

Amazon Starts Road Testing Rivian Electric Vans in Los Angeles

Amazon .com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.

February 3, 2021
BusinessTechnologyEquipment

Eaton Reports Higher Q4 Net Income

Power management company Eaton Corp. reported higher fourth-quarter net income and a decline in revenue.

February 3, 2021