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.

BusinessTechnologyAutonomous

Tesla’s Autopilot Won’t Achieve Full Autonomy, Waymo CEO Says

Tesla Inc. has taken a misguided approach to developing fully autonomous cars and its “full self-driving” system will fail to live up to its billing, the head of Alphabet Inc.’s Waymo told a German business magazine.

January 22, 2021
BusinessTechnologyEquipment

Mack Enhances Axle Warranties on Model Year 2022 Trucks

Mack Trucks announced it extended the time and mileage coverage for its standard Mack axle warranties on model year 2022 vehicles.

January 22, 2021
BusinessEquipment

Conway Beam Expands Dealership in Western New York

Truck dealership Conway Beam Truck Group announced it invested $16.2 million with the opening of a new 75,000-square-foot location in West Seneca, N.Y.

January 22, 2021
BusinessTechnologyEquipmentFuel

Lightning eMotors Expands Manufacturing Footprint

Lightning eMotors, a provider of electric powertrains for a range of commercial vehicles, announced it is adding 107,000 square feet to the footprint of its headquarters in Loveland, Colo.

January 22, 2021
BusinessFuel

Oil Slips With Global Viral Resurgence Highlighting Demand Risks

Oil ended a choppy session lower with worsening global coronavirus outbreaks accentuating concerns over a demand rebound.

January 21, 2021
GovernmentBusiness

Safety, Infrastructure Top Buttigieg’s Agenda at Senate Hearing

President Joe Biden’s nominee to head the Department of Transportation pointed to the importance of safely moving people and goods and the new administration’s goal of modernizing the nation’s mobility networks as key areas of focus for him during his Jan. 21 Senate nomination hearing.

January 21, 2021
BusinessTechnologyFuel

EV Mania Propels Record Legacy Automaker Gains in 2021

Investors are rewarding U.S. automakers as they embrace electric vehicles to boost growth amid a burgeoning demand for environment-friendly cars.

January 21, 2021
BusinessLogisticsTop 100

U.S. Xpress CEO Details Economic Forecast for 2021

U.S. Xpress Enterprises CEO Eric Fuller on Jan. 20 detailed the findings of an economic report his company did on the trucking industry.

January 21, 2021
GovernmentBusinessTechnologySafety

Audit Finds Flaws in FMCSA Monitoring of Drivers’ Medical Qualifications

An Inspector General audit has found weaknesses in regulators’ monitoring of medical examiner qualifications and ensuring that truck drivers meet physical qualification standards to safely operate commercial vehicles.

January 21, 2021
BusinessEquipmentFuel

Baker Hughes Sees Up to Four LNG Investment Decisions in 2021

Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after last year’s pandemic-induced collapse.

January 21, 2021