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.

GovernmentBusiness

Arizona DOT Names Preferred Developer for I-10 Project in Phoenix Area

The Arizona Department of Transportation has selected a preferred developer for a project to reconstruct a portion of Interstate 10 in Phoenix that the agency has identified as a key commerce corridor.

November 9, 2020
BusinessTechnology

Descartes Bolsters Final-Mile Capabilities With ShipTrack Acquisition

Transportation software firm Descartes Systems Group has purchased ShipTrack, a provider of shipment tracking technology for final-mile carriers, for about $19 million.

November 9, 2020
BusinessLogistics

Amazon Grows Delivery Network in Brazil’s Largest Logistics Push

Amazon .com Inc. is opening three new distribution centers in Brazil, marking its biggest logistics push in Latin America’s largest market as competition intensifies amid the coronavirus pandemic.

November 9, 2020
BusinessTechnologyEquipment

Traton, Navistar Agree to Definitive Merger

Fully embracing an alliance begun in 2017, the boards of directors at truck makers Traton SE and Navistar International Corp. approved a definitive agreement to merge, the companies announced Nov. 7.

November 9, 2020
GovernmentBusinessSafetyLogistics

Colorado Carrier Apex Transportation to Deliver Capitol Christmas Tree

Apex Transportation, founded in 1996 and based in Henderson, Colo., was chosen to haul this year’s U.S. Capitol Christmas Tree from Colorado to Washington, D.C.

November 9, 2020
GovernmentBusiness

Stocks Surge to All-Time Highs on Vaccine Optimism

Stocks surged around the world and bonds tumbled after a large-scale coronavirus vaccine study delivered the most-promising results in the battle against the worst pandemic in a century.

November 9, 2020
GovernmentBusinessSafety

Already Flooded, South Florida Feels Wrath of Eta

Torrential rain from Tropical Storm Eta caused dangerous flooding across Florida’s most densely populated urban areas on Nov. 9 after it made landfall in the Florida Keys.

November 9, 2020
Business

TA Net Income Soars to $8.6 Million in Q3

TravelCenters of America Inc. reported third quarter net income rose as revenue slipped.

November 6, 2020
BusinessTechnologyFuel

Bendix Expands Goals to Fight Climate Change

Bendix Commercial Vehicle Systems announced it is committing to cut its carbon dioxide emissions in half by 2030 and achieve carbon neutrality by 2021.

November 6, 2020
GovernmentBusinessTechnologyEquipmentSafety

Simulators Hold Potential for CDL Training, Testing, Experts Say

Simulators can serve as a resource for truck driver training and testing, especially during the coronavirus pandemic, according to experts assembled for a webinar hosted by the Transportation Research Board on Nov. 6.

November 6, 2020