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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.

GovernmentBusinessTechnologyFuel

EV Shift Becomes Life-or-Death Risk for Automakers

The shift to electric vehicles won’t happen like the flip of a light switch.

April 8, 2021
BusinessLogisticsTop 50

Pilot Freight Services Acquires DSI Logistics

Pilot Freight Services announced it acquired DSI Logistics, a nonasset-based provider of last-mile home delivery and installation for heavy and hard-to-handle goods.

April 8, 2021
GovernmentBusinessSafety

Atlantic Faces Another Wild Hurricane Season After Record 2020

The Atlantic hurricane season is poised to be another wild one, with forecasters predicting an above-average 17 named storms sweeping out of the basin.

April 8, 2021
GovernmentBusiness

US Jobless Claims Jump, Showing Choppy Labor Recovery

Applications for U.S. state unemployment insurance unexpectedly rose for a second week, underscoring the uneven nature of the labor market recovery.

April 8, 2021
BusinessLogisticsTop 50

Syncreon Holdings Reported to Be Weighing $1.5 Billion Sale

The owners of supply-chain services company Syncreon Holdings are exploring a sale of the company that could value it at as much as $1.5 billion, including debt, according to people with knowledge of the matter.

April 8, 2021
GovernmentBusinessSafety

Texas Bill Seeks to Reduce Large Jury Verdicts in Crash Lawsuits

A bill making its way through the Texas Legislature could make it more difficult for victims to reap multimillion-dollar jury verdicts against truckers in lawsuits that result in serious injury or death following a crash.

April 8, 2021
BusinessTechnologyEquipment

Peterbilt Announces New Medium-Duty Trucks and Transmission, Updated Engines

Peterbilt Motors Co. announced two new medium-duty box truck models — the 535 and 536 — aimed at the lease and rental segment; and two other models — the 537 and 548 — intended for the vocational “Class 7/8 market” that allow for multiple body builder integrations.

April 7, 2021
GovernmentBusinessSafety

Stakeholders Advocate Action on Biden’s Infrastructure Plan

With policymakers aiming to commence consideration of President Joe Biden’s $2.25 trillion infrastructure plan this spring, groups representing every corner of the transportation landscape appear united in their calls for action on Capitol Hill.

April 7, 2021
GovernmentBusinessTechnologyFuel

EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance

Two of the world’s largest electric-vehicle battery-makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that could affect the electrification plans of Ford Motor Co. and Volkswagen AG.

April 7, 2021
GovernmentBusinessTechnologyAutonomousTCA

Why Remote Control Isn’t Required for Self-Driving Vehicles

WASHINGTON — As autonomous vehicle testing advances without cohesive federal guidelines, companies are operating under inconsistent or nonexistent rules for how and whether a vehicle is monitored and controlled on the road.

April 7, 2021

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