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.

BusinessLogistics

Va. Port Onboards Baltimore Truckers Amid Cargo Diversions

As diverted Baltimore cargo lands in Virginia, Delaware, Pennsylvania and Florida, truckers and port officials are working out processing details and committed to helping.

April 3, 2024
BusinessEquipment

Class 8 Truck Orders End Two-Month Positive Streak in March

North American Class 8 truck orders fell year-over-year and from the previous month during March, according to ACT Research.

April 3, 2024
GovernmentBusinessSafety

Five More Implicated in New Orleans Staged Accidents

An ongoing federal investigation into staged accidents with tractor-trailers in the New Orleans area in recent months has implicated five additional participants in the scams that have so far resulted in charges against more than 60 individuals.

April 3, 2024
BusinessEquipment

Plunging Pickup Truck Sales Threaten Detroit’s Profit Engine

Sales of pricey pickup trucks at Stellantis, Ford and GM faltered in the first quarter, a sign that high borrowing costs are eroding Americans’ appetite for automakers’ main profit driver.

April 3, 2024
GovernmentBusinessLogistics

House Passes Supply Chain Shipping Bill

The Ocean Shipping Reform Implementation Act, sponsored by Reps. Dusty Johnson and John Garamendi, was approved on March 21 by a vote of 393 to 24.

April 3, 2024
BusinessSafety

TCA Tackles Trucking Challenges, Opportunities

The Truckload Carriers Association tackled the challenges and opportunities facing trucking while also recognizing industry leaders during its annual meeting.

April 3, 2024
BusinessTechnologyLogistics

NMFTA Establishes New LTL eBOL Standards

The National Motor Freight Traffic Association announced an update to its electronic bill of lading standards March 26 to help digitize less-than-truckload shipping.

April 3, 2024
GovernmentBusinessSafety

Workers Had Little Warning as Maryland Bridge Collapsed

The deaths of six workers killed in the collapse of the Francis Scott Key Bridge in Baltimore have raised questions about safety precautions.

April 3, 2024
GovernmentBusinessFuel

US Cancels Latest Oil Reserve Refill Plan Amid High Prices

The Biden administration won’t move forward with its latest plans to buy oil for the Strategic Petroleum Reserve amid rising prices.

April 3, 2024
GovernmentBusiness

US Companies Added 184,000 Jobs in March, ADP Data Shows

U.S. companies boosted hiring last month by the most since July in a broad advance and some wage gains accelerated, pointing to solid demand for workers.

April 3, 2024