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.

Business

Lawmaker Revisits Truck Parking Concerns at US House Hearing

A measure designed to improve access to truck parking around the country is expected to come up for consideration later this year when congressional policymakers debate comprehensive transportation legislation.

February 16, 2021
BusinessFuel

Arctic Blast Cuts US Oil Output by 2 Million Barrels a Day

U.S. oil production has plunged by more than 2 million barrels a day as the coldest weather in 30 years brings havoc to key producing states that rarely have to deal with frigid Arctic blasts.

February 16, 2021
BusinessEquipment

January Classes 4-7 Sales Align With Expectations

Classes 4-7 U.S. retail sales in January climbed 14.3% compared with a year earlier, led by a surge in the Class 6 segment, WardsAuto .com reported.

February 16, 2021
GovernmentBusinessTechnologyLogisticsAutonomous

Electric Aircraft Demand Seen Growing for Deliveries

Electric aircraft such as drones could account for 30% of same-day package deliveries by 2040 as network scale dramatically brings down costs, according to L.E.K. Consulting.

February 16, 2021
GovernmentBusinessSafety

FMCSA Extends Emergency Declaration Through May 31

The Federal Motor Carrier Safety Administration has again extended its emergency declaration offering regulatory relief to truckers involved in coronavirus-related assistance efforts.

February 16, 2021
Business

U.S. Xpress Partners With Program to Link Veterans With Service Dogs

U.S. Xpress Enterprises Inc. partnered with Warrior Freedom Service Dogs, which connects combat veterans suffering with post-traumatic stress to trained service dogs rescued from area animal shelters.

February 16, 2021
GovernmentBusinessTCA

PennDOT Gets $407.2 Million for Road, Bridge Projects

PennDOT received $407.2 million in federal COVID relief funds for road and bridge projects that will help cover revenue gaps in its construction program.

February 16, 2021
BusinessTechnologyFuelAutonomous

Jaguar to Go All-Electric by 2025

LONDON — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Feb. 15 as it outlined a plan to phase out internal combustion engines.

February 16, 2021
BusinessTechnologyEquipment

Kenworth Introduces Next Generation of T680

Kenworth Truck Co. has introduced the next generation of its T680 on-highway model, which it describes as the most aerodynamic longhaul truck it has ever built.

February 12, 2021
BusinessSafety

Industry Professionals Recognized for Black History Month

Trucking Moves America Forward recognized eight industry professionals as Black History Month Leaders. They personify excellence in trucking and are being featured for their contributions to the industry.

February 12, 2021

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