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.

GovernmentBusinessTechnologySafety

Looking to Hire a ‘Fresh-Faced Veteran’ Maintenance Tech? Good Luck

Recruiting military veterans for maintenance positions in trucking fleets’ repair shops is an industry goal, but the prospect of finding and transitioning young vets to become civilian service technicians can be challenging.

April 15, 2021
BusinessTechnologyEquipmentSafety

TMC Highlights Big Changes to VMRS Coding System

A vehicle maintenance coding system used by repair shops across the trucking industry is receiving an update that has been years in the making, and is also evolving to include the burgeoning electric vehicle segment.

April 15, 2021
GovernmentBusinessLogistics

Republicans Seek Broader Curbs on Exports of Chip Tools to China

Two Republican lawmakers called for broader American restrictions on the sale of chip-making tools after the U.S. government placed several Chinese supercomputing firms on an export blacklist, saying even tougher rules are needed to prevent the People’s Liberation Army from using sensitive technologies.

April 15, 2021
GovernmentBusinessLogistics

Fed Sees Supply Chain Issues Growing Despite Better US Outlook

The Federal Reserve is seeing both labor and material shortages mounting across several sectors of the U.S. economy, which may have consumers paying even more for everything from fuel to new homes.

April 15, 2021
GovernmentBusinessTechnologyEquipmentSafety

TMC Plans Closer Look at Mirrorlike Camera Monitor Systems

The increasing interest in camera monitor systems has prompted the Technology & Maintenance Council of American Trucking Associations to decide how it can help fleets understand how the systems would best fit into the truck cab environment.

April 15, 2021
BusinessTechnologyFuel

Stellantis CEO Vows to Accelerate Carmaker’s Electric Shift

Stellantis NV CEO Carlos Tavares pledged to speed up the company’s electric shift, vowing that cars with a battery will account for more than a third of its European sales by mid-decade.

April 15, 2021
BusinessTechnology

EV Maker Polestar Raises $550 Million From New Investors

Polestar, the electric carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has raised $550 million from new investors to help fund its growth.

April 15, 2021
GovernmentBusiness

State Jobless Claims in US Fall to Lowest Since March 2020

The number of applications for U.S. state unemployment benefits plummeted last week to the lowest since the pandemic began, indicating the labor market continues to thaw as governments lift restrictions on business and activity picks up.

April 15, 2021
GovernmentBusinessSafetyFuel

Key Congressional Republican Calls for Bipartisan Highway Bill

As federal policymakers prepare to consider comprehensive highway policy legislation in the coming weeks, the top Republican on the U.S. Senate transportation committee reiterated calls for bipartisanship.

April 15, 2021
BusinessEquipment

March Trailer Orders Hit 29,500, More Than Triple a Year Earlier

North American trailer orders for March hit 29,500, more than triple the volume compared with a year earlier, ACT Research reported.

April 14, 2021