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UPS Inc. reported record fourth-quarter revenue as demand for package delivery soared amid the coronavirus pandemic, the company announced Feb. 2.

Freight operations in the Northeast are proceeding after a massive snowstorm walloped the region, resulting in temporary restrictions on commercial vehicle travel.

The U.S. economy is projected to grow at a robust 4.6% annual rate this year, but employment isn’t expected to return to pre-pandemic levels until 2024, the Congressional Budget Office said Feb. 1.

2021 welcomes a new administration and offers a new climate in which to negotiate freight hauling, but it must also contend with some of 2020's ailments, including a continuing pandemic and the wildly disparate performance of different business sectors. ATA Chief Economist Bob Costello joins TT's Dan Ronan to discuss this interesting economic moment and what it means for the trucking industry.

Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley.

WASHINGTON — U.S. construction spending rose a moderate 1% in December as the number of new homes offset a sustained weakness in nonresidential construction.

Daimler Trucks North America and Universal Technical Institute are expanding DTNA Finish First to UTI’s Orlando campus in summer 2021.

SILVER SPRING, Md. — American factories grew in January, but at a slower pace than December.

Battery maker Microvast Inc. will go public via a merger with blank-check company Tuscan Holdings Corp. in a deal that values the combined company at $3 billion.