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.

GovernmentBusinessLogistics

Key Bridge Collapse Spurs $5M Small Business Grant Fund

A $5 million grant program aimed at supporting Baltimore-area small businesses hit hard by the collapse of the Francis Scott Key Bridge launched Aug. 21.

August 22, 2024
BusinessEquipmentFuel

Groendyke Announces Acquisition of Linden Bulk Transport

Groendyke Transport on Aug. 19 announced a definitive agreement to acquire all the tank truck assets of Linden Bulk Transportation from Depot Connect International.

August 22, 2024
BusinessEquipment

July Trailer Orders Drop 37% Amid Slower Market

U.S. trailer orders fell 37% year over year in July to 7,200 units, ACT Research reported. The figure represented a 14.2% increase from June’s 6,300 units.

August 22, 2024
GovernmentBusiness

US Shippers Scramble as Canadian Rail Shutdown Hits Freight

Importers and exporters are left with few options as a near-total rail shutdown in Canada risks delaying ocean shipments, spiking freight costs and straining the busiest U.S. ports.

August 22, 2024
GovernmentBusinessLogistics

CN and CPKC Initiate Lockout After Labor Talks Fail

The Canadian railway system has been struck with two major work stoppages amid failed labor negotiations Aug. 22.

August 22, 2024
BusinessEquipmentSafety

Chris Moore Wins Georgia, Readies for NTDC Competition

Chris Moore, the Georgia grand champion in the sleeper berth class, aims to lead Walmart to the team title at the National Truck Driving Championships in Indianapolis. 

August 21, 2024
GovernmentBusinessLogistics

Trudeau Tells Railways, Union to Reach Deal to Avoid Strike

Prime Minister Justin Trudeau is urging Canada’s two largest railways and unionized workers to reach a deal to avert a strike that businesses warn will cause significant harm to the economy.

August 21, 2024
GovernmentBusiness

US Payroll Data Likely to See Largest Revision Since 2009

U.S. job growth was probably far less robust in the year through March than previously reported, according to government data out Aug. 21.

August 21, 2024
GovernmentBusinessLogistics

Canadian Economy at Risk as Rail, Port Strikes Approach

Canadian businesses are warning about potential long-term damage to the economy if railway and port strikes go ahead and choke the country’s vital trading arteries.

August 21, 2024
GovernmentBusiness

ATA Presses DOT on Stalled Mileage-Based Fee Study

With the IIJA set to expire in about two years, ATA said the opportunity to conduct the pilot program and report the results to Congress is “quickly fading.â€

August 21, 2024