Trucking Business News

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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.

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Trucking Industry Making Strides Toward Electrification

Original equipment manufacturers, shippers and environmental activist groups are aligning behind the promised benefits of zero-emission trucks, and are encouraging the trucking industry to accelerate adoption of vehicles powered by alternatives to diesel.

March 11, 2021
BusinessEquipment

ATA Task Force to Pursue Predatory Towing at Crash Scenes

An American Trucking Associations council has begun a towing-scam initiative after receiving reports of excessive overcharging for nonconsensual towing of damaged heavy-duty trucks and trailers removed from crash scenes.

March 11, 2021
GovernmentBusiness

Jobless Claims Fall to 712,000 as Pace of Layoffs Eases

WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy.

March 11, 2021
BusinessTechnologyFuel

Clean Energy Fuels, BP Create JV for RNG Fuel Production

Clean Energy Fuels Corp. announced it finalized a joint venture with BP Products North America Inc., a subsidiary of BP, to develop, own and operate new renewable natural gas projects at dairies and other agriculture facilities.

March 11, 2021
GovernmentBusinessAutonomous

Automation to Have Extreme Impact on Workforce, FMCSA’s Meera Joshi Says

Impact of automation on the transportation workforce will be “extremely real and broad," FMCSA acting Administrator Meera Joshi says.

March 11, 2021
GovernmentBusiness

Infrastructure Bill Could Pass Committee in May, Carper Says

The centerpiece of President Joe Biden’s massive transportation infrastructure package could move through a key Senate committee by the end of May, according to Sen. Tom Carper.

March 10, 2021
BusinessTechnologyEquipment

Element Highlights Maintenance, Other Insights Into Selling Used Trucks

Ensuring that used specialty equipment is in top working condition is more important to buyers than a few nicks and scratches on a truck, a re-marketing expert said.

March 10, 2021
GovernmentBusinessBreaking News

Congress OKs $1.9 Trillion COVID Relief Bill

WASHINGTON — The United States Congress has approved a landmark $1.9 trillion COVID-19 relief bill that takes aim at twin pandemic and economic crises that have upended the nation for the better part of a year. The package, which includes funding for transportation corridors, was signed into law by President Joe Biden on March 11.

March 10, 2021
BusinessEquipmentBreaking News

February Class 8 Sales Flat at 15,369

U.S. Class 8 retail sales in February were 0.6% lower compared with a year earlier, coming in at 15,369, WardsAuto .com reported.

March 10, 2021
BusinessEquipment

CVG Reports Q4 Net Loss, Higher Revenue

Commercial Vehicle Group reported a narrower net loss in the fourth quarter compared with a year earlier and higher revenue, including record revenue in its electrical systems segment.

March 10, 2021

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