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.

GovernmentBusiness

White House, Lawmakers Evaluate IIJA on Second Anniversary

President Joe Biden has kicked off a national conversation about infrastructure policy ahead of the two-year anniversary of the Infrastructure Investment and Jobs Act. 

November 9, 2023
BusinessEquipment

Class 8 Order Season Continues Below Year-Ago Surge

North American Class 8 truck orders for October fell precipitously from their year-ago surge, taking a steep but unsurprising drop, according to ACT Research.

November 9, 2023
GovernmentBusinessSafetyLogistics

Canada Mandates New Dangerous Goods Transport Database

Canada is implementing a new database requiring registration by next year for people and companies transporting dangerous goods at a domestic site they own or operate.

November 9, 2023
BusinessLogisticsGlobal Freight

Container Shipping Set for Downturn, Hapag-Lloyd Chief Says

The container shipping industry faces a few years of headwinds as low freight rates and widening geopolitical turmoil cloud the outlook, according to Hapag-Lloyd AG CEO Rolf Habben Jansen.

November 9, 2023
BusinessTechnologyLogisticsPrivate

Amazon to Expand Grocery Delivery

Amazon.com Inc. is rolling out grocery delivery service for non-Prime members to the wider U.S. as it prepares to open more supermarkets next year.

November 9, 2023
BusinessTechnologyEquipmentSafety

Wireless Hacking Demo Shows Tractor-Trailer Vulnerabilities

HOUSTON — A wireless hacking demonstration staged at the National Motor Freight Traffic Association's cybersecurity conference revealed the vulnerabilities of a tractor-trailer.

November 9, 2023
GovernmentBusinessSafety

Parking Initiatives Boost Highway Safety, Executive Says

WASHINGTON — Enhancing parking availability for truck drivers would improve safety on the nation’s roadways, a senior Iowa trucking executive recently told senators.

November 8, 2023
BusinessLogistics

National Zoo’s Giant Pandas Depart for China via FedEx

A specially outfitted Boeing 777F dubbed the FedEx Panda Express transported the National Zoo’s three giant pandas to Chengdu, China, Nov. 8 and 9, with a refueling stop in Anchorage, Alaska.

November 8, 2023
BusinessLogistics

GXO Beats Soft Freight Market With Earnings Gains for Q3

GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.

November 8, 2023
BusinessLogistics

$4 Million Lets Shipper Cut to Front of Line at Panama Canal

Japan’s Eneos Group paid $3.975 million in an auction Nov. 8 to jump to the front of the line at the congested Panama Canal waterway, a record high.

November 8, 2023