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.

GovernmentBusinessFuel

Oil Tanker Owners Pay to Move Crude in Wake of Supply Cuts

Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively subsidizing cargo deliveries on the industry’s main trade route.

January 20, 2021
BusinessTechnologyAutonomousTop 100

Werner Invests in TuSimple to Spur Autonomous Trucking

Transportation and logistics provider Werner Enterprises announced it invested in TuSimple, an autonomous trucking technology company founded in 2015, and described it as an important milestone in the journey to become an environmental leader.

January 20, 2021
BusinessTechnologyEquipmentSafety

Technology, Pandemic Reshape Industry’s Business Models, Panel Says

Advancements in technology and the impact of the coronavirus pandemic have driven major changes in trucking, a panel of experts said Jan. 19.

January 20, 2021
GovernmentBusinessSafety

Maryland DOT Weighs Three Proposals for Major P3

The Maryland Department of Transportation has received three proposals from teams composed of private sector firms interested in becoming the developer for major interstate improvement work.

January 20, 2021
BusinessTechnologyFuel

GM’s Mary Barra Boosts Stock as Tech Story Gains Credibility

All General Motors Co. CEO Mary Barra needed to hit a stock record was $27 billion and a bit of braggadocio.

January 20, 2021
GovernmentBusinessTechnologyAutonomous

Anthony Levandowski Receives Trump Pardon

Outgoing U.S. President Donald Trump pardoned Anthony Levandowski, saving the engineer from more than a year in prison for stealing trade secrets from his former employer, Alphabet Inc.’s Waymo.

January 20, 2021
GovernmentBusinessFuel

Diesel Rises 2.6¢; Biden Stops Development of Keystone XL Pipeline

Truckers are continuing to see higher diesel prices as the nationwide cost of trucking’s main fuel rose 2.6 cents, the Energy Information Administration reported Jan. 18.

January 19, 2021
GovernmentBusinessSafety

Plaintiff Attorneys Often Use 'Reptile Theory' to Win Nuclear Trucking Jury Verdicts, Experts Say

In trucking accident lawsuits, the "reptile theory" is a method plaintiff lawyers have deployed in pursuit of so-called “nuclear” jury verdicts.

January 19, 2021
GovernmentBusinessTechnologyLogistics

US Automakers Plead for Government Help in Growing Chip Crisis

American automakers are asking the U.S. government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall.

January 19, 2021
BusinessTechnologyEquipmentSafetyAutonomous

Paccar, Aurora to Partner on Development of Autonomous Trucks

Paccar Inc. reached a deal with a California technology startup to develop and sell autonomous versions of two of its most popular Class 8 truck models.

January 19, 2021