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.

BusinessTechnologyEquipmentLogisticsAutonomous

Uber Freight Bolsters Drop-and-Hook Solution Nationwide

Uber Freight has scaled up its drop-and-hook capacity solution nationally with new freight network optimization capabilities, the company announced March 21.

March 21, 2024
BusinessLogistics

Drought Threatens to Snarl Mississippi River Traffic Again

The Mississippi River is at risk of bottlenecks for a third straight year as warm, dry spring weather and low winter snowpack limit the amount of water feeding into it.

March 21, 2024
BusinessPrivate

Big Grocers Profited From Pandemic More Than Smaller Rivals

Large grocery retailers’ annual profits rose during the COVID-19 pandemic and have remained elevated since, which warrants deeper scrutiny, says a report by the Federal Trade Commission.

March 21, 2024
GovernmentBusiness

GOP Lawmaker Calls for Contractor Rule Suspension

Rep. Kevin Kiley is among a contingent of lawmakers advancing a congressional maneuver that would pause enforcement of a federal employee classification rule that affects truck drivers.

March 21, 2024
BusinessTechnologyAutonomousTCA

Pittsburgh Tech Investment Soars, Spurred by AV Firms

Pittsburgh tech companies raised just over $3 billion in funding last year, led by landmark investments in autonomous vehicle startups like Aurora and Stack AV.

March 21, 2024
BusinessEquipment

February Trailer Orders Fall 21% From Last Year

U.S. trailer orders in February declined from the prior year but rose sequentially, according to ACT Research.

March 21, 2024
BusinessTechnologyAutonomousTCA

DoorDash Uses Alphabet’s Wing to Test Drone Delivery in US

DoorDash is testing drone delivery in the U.S. after expanding its partnership with Alphabet’s autonomous drone delivery service Wing.

March 21, 2024
GovernmentBusinessEquipment

Fla. Bill Tackling Predatory Towing Moves to Governor’s Desk

A proposed law with sweeping changes to curb predatory towing practices in Florida has moved from the state Legislature to Gov. Ron DeSantis' desk.

March 21, 2024
GovernmentBusinessLogistics

Port Leaders at Legislative Summit Want Permitting Reform

WASHINGTON — U.S. port leaders say the permitting and government review process to get projects approved needs to be improved.

March 21, 2024
GovernmentBusiness

Manufacturing Activity Expands by Most Since June 2022

U.S. manufacturing activity expanded by the most since mid-2022 as production and factory employment growth accelerated along with measures of inflation.

March 21, 2024