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.

BusinessFuel

Coal to Exit US Power System by 2033, Morgan Stanley Says

Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength, according to Morgan Stanley.

February 1, 2021
GovernmentBusiness

Construction Spending Up 1% in December, Led by Housing

WASHINGTON — U.S. construction spending rose a moderate 1% in December as the number of new homes offset a sustained weakness in nonresidential construction.

February 1, 2021
BusinessEquipment

Mack Trucks Names New Regional Vice Presidents

Mack Trucks appointed Zach Bourn regional vice president of the U.S. western region and Jeff Oldham regional vice president of the U.S. central region. 

February 1, 2021
BusinessTechnology

DTNA Finish First to Expand to East Coast

Daimler Trucks North America and Universal Technical Institute are expanding DTNA Finish First to UTI’s Orlando campus in summer 2021.

February 1, 2021
GovernmentBusiness

Factories Grow at Slower Pace in January

SILVER SPRING, Md. — American factories grew in January, but at a slower pace than December.

February 1, 2021
BusinessTechnologyFuel

Battery Maker Microvast Agrees to Merger With Tuscan SPAC

Battery maker Microvast Inc. will go public via a merger with blank-check company Tuscan Holdings Corp. in a deal that values the combined company at $3 billion.

February 1, 2021
GovernmentBusinessEquipment

Intermodal Council Scores Win in Latest Round of Ongoing Case Against Ocean Carriers

The Federal Maritime Commission judge overseeing the $1.8 billion case between the Intermodal Motor Carriers Conference of American Trucking Associations and the Ocean Carriers Equipment Management Association has rejected OCEMA’s appeal to have the case stayed.

February 1, 2021
Business

Daseke Net Income Climbs Despite Revenue Decline

Daseke Inc. saw its fourth-quarter results swing to a profit from a year-ago loss, even as revenue declined.

January 29, 2021
BusinessTechnologyEquipmentLogisticsTop 100

Ryder Expands Truck, Trailer Sharing Service

Ryder System Inc. expanded its truck ride-sharing program into California, Tennessee and North Carolina, the company announced Jan. 27.

January 29, 2021
GovernmentBusinessFuel

Biden Revokes Oil Drilling Permits for Additional Review

The Biden administration is revoking dozens of invalid drilling permits issued by agency workers without the approval of political appointees, despite a temporary order for such reviews.

January 29, 2021

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