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.

BusinessEquipment

Tri-State Truck Center Expands Missouri Dealership

Tri-State Truck Center Inc. announced it invested $3.7 million to expand its Springfield, Mo., dealership that sells models by Mack Trucks, Volvo Trucks North America and International.

November 30, 2020
BusinessLogistics

Amazon Merchants Say Deliveries of Some Products Are Delayed

Amazon .com Inc. merchants around the U.S. say some products that normally reach customers in one or two days are now taking a week or longer just as the world’s largest online retailer heads into what’s expected to be a record-busting holiday shopping season.

November 25, 2020
GovernmentBusiness

US Recovery More Tenuous as Jobless Claims Rise, Incomes Fall

Applications for U.S. state unemployment benefits unexpectedly posted the first back-to-back weekly increase since July, while Americans’ incomes and savings fell last month.

November 25, 2020
BusinessTechnologyAutonomous

VW’s Traton to Build China Truck Factory in Expansion Push

Traton SE is stepping up expansion plans in China after Volkswagen AG’s truck division hammered out a deal to acquire Navistar International Corp. to boost its presence in North America.

November 25, 2020
BusinessFuel

Oil Advances to Eight-Month High on Demand Optimism

Oil extended gains, trading at its highest level since March, on mounting optimism that recent breakthroughs on a COVID-19 vaccine will lead to a swift recovery in global energy demand next year.

November 25, 2020
BusinessLogistics

FedEx, UPS Feel Van Squeeze Amid E-Commerce Rush

FedEx Corp. and UPS Inc. are running into a shortage of delivery vans, prompting a surprise cost squeeze that’s cutting into profits during a record surge in package volumes.

November 25, 2020
GovernmentBusinessEquipmentFuel

High Freight Demand Provides Momentum for Trucking Industry

Economic indicators suggest the trucking industry could be poised for growth in 2021, after the coronavirus pandemic caused a topsy-turvy year in 2020 marked by unpredictable demand and continued uncertainty in the driver pool.

November 24, 2020
BusinessLogistics

UPS Will Make Dry Ice, Offer Freezers for Vaccine Distribution

UPS Inc. has set up its own dry ice production and will provide portable, super-cold freezers to its health care customers as the courier prepares for the massive rollout of COVID-19 vaccines.

November 24, 2020
BusinessTechnologyEquipmentFuel

Strehl Announces Acquisition of Rocketail

Strehl purchased the assets of the semi-trailer tail-end drag reduction systems maker Rocketail, the company announced Nov. 23.

November 24, 2020
GovernmentBusinessTechnologyEquipmentSafetyFuel

Operational Cost of Trucking Down 9.3%, ATRI Finds

Costs associated with trucking operations have decreased, according to the American Transportation Research Institute.

November 24, 2020