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 50

C.H. Robinson Posts Strong Q4 Numbers, Mixed Annual Results

C.H. Robinson Worldwide posted large gains in both profit and revenue during the fourth quarter, but its annual results were mixed because of the economic effects of the COVID-19 pandemic.

January 27, 2021
BusinessTechnology

Remote Work, AI Impact Transportation Logistics Space

Remote work and artificial intelligence are helping to reshape the transportation logistics sector, a technology entrepreneur said Jan. 26.

January 27, 2021
GovernmentBusinessSafety

FMCSA Announces Proposal to Amend Driver Vision Standard

A new regulation would allow truck drivers who cannot meet current federal vision standards of either distant visual acuity or field of vision, or both, in one eye to be physically qualified to operate a commercial motor vehicle in interstate commerce.

January 27, 2021
BusinessTechnologyFuelBreaking NewsTop 100

Navistar, GM Cooperate on Fuel Cell System for Class 8 in 2024

Navistar Inc. announced it intends to produce a zero-emission longhaul truck using fuel cell systems supplied by General Motors and will have an International RH Series FCEV model commercially available in 2024.

January 27, 2021
BusinessBreaking News

FedEx Announces Leadership Changes for Freight, Ground Divisions

FedEx Corp. has announced that Lance Moll will be the next president of FedEx Freight. He replaces John A. Smith, who will take over FedEx Ground upon the July retirement of current president Henry Maier.

January 26, 2021
GovernmentBusiness

Fleets Need to Have Contingency Plan for Emergencies, TRB Panel Says

Taking into account some of the myriad challenges presented by the coronavirus pandemic, management experts offered a glimpse of future operational issues and shared recommendations for how to address them.

January 26, 2021
GovernmentBusiness

Climate Change, COVID-19 Aid Priorities for Biden Administration, Gina Raimondo Says

An emphasis on climate change will help guide the Biden administration’s infrastructure policy agenda, which aims to provide economic relief to states and industry stakeholders, Rhode Island Gov. Gina Raimondo told the Senate Commerce Committee at her confirmation hearing.

January 26, 2021
GovernmentBusinessFuel

Biden to Require Electric Trucks at USPS, Federal Agencies

President Joe Biden is preparing an executive order to marshal the federal government’s purchasing power by requiring that federal agencies — including the U.S. Postal Service — buy clean vehicles and renewable power, according to three people familiar with the matter, though the timing of the announcement isn’t clear.

January 26, 2021
BusinessTechnologyFuelAutonomousTop 100

U.S. Xpress Latest to Invest in TuSimple

U.S. Xpress Enterprises Inc. announced it made a “significant” investment in autonomous trucking company TuSimple and that CEO Eric Fuller was named to TuSimple’s executive advisory board.

January 26, 2021
GovernmentBusinessFuel

Biden to Pause Oil Drilling on Public Lands

WASHINGTON — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S. lands, as his administration moves quickly to reverse Trump administration policies on energy and the environment and address climate change.

January 26, 2021