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.

BusinessTechnology

Company Earnings Guidance Is Wrong About 70% of the Time

The pandemic may have upended businesses, but surprisingly it did little to dent managers’ misplaced confidence in their earnings forecasts, new research shows.

May 23, 2023
GovernmentBusinessSafety

Rep. Rick Crawford Highlights Truck Parking, Highway Safety

Rep. Rick Crawford, the chairman of a House transportation subcommittee, wants lawmakers to put as much focus on truck parking as they have on expanding the scope of electric vehicles.

May 23, 2023
BusinessEquipmentFuel

Boeing CEO Warns of Prolonged Supply Chain Constraints

Boeing Co. cautioned that the aerospace industry could suffer from supply disruptions for more than half a decade, delaying deliveries to airlines and hampering the rebound from COVID-19.

May 23, 2023
GovernmentBusinessTechnologySafetyLogisticsPrivate

NLRB Accuses Amazon of Illegal Anti-Union Actions

Amazon.com Inc. violated federal labor law by unilaterally changing policies and terminating union supporters at its sole unionized warehouse, U.S. labor board prosecutors allege.

May 23, 2023
GovernmentBusinessSafety

Experts Share Tips for Combating Predatory Towing

PHOENIX — States are taking aim at towing companies that prevent carriers from accessing cargo in a trailer after a rig has been dropped off after a tow, a panel of insurance experts said.

May 23, 2023
BusinessLogisticsBreaking News

Tonnage in April Drops 3.4% Year-Over-Year

Truck tonnage in April fell on both an annual and month-to-month basis as freight activity remains slow, American Trucking Associations said May 23.

May 23, 2023
BusinessLogistics

Ports Record Steep Drops in April Cargo

The slump in container volumes at ports on the East and West coasts continued in April as some of the largest facilities saw year-over-year double-digit drops.

May 23, 2023
BusinessLogisticsFor-Hire

Impact of a Potential UPS Strike Looms Large

Like many UPS customers, Jessica Ray relies on deliveries of dog food and just about everything else for her home. Contentious labor negotiations at UPS could disrupt that comfort zone.

May 23, 2023
BusinessTechnology

Volvo Signs Green Power Deal for Vattenfall Wind Power

Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral energy deal in the transport sector.

May 23, 2023
GovernmentBusinessTechnologySafetyAutonomous

Waymo, Uber Team Up on Robotaxis in Phoenix

Self-driving car pioneer Waymo is teaming up with ride-hailing leader Uber in the Phoenix area to transport passengers and deliver food in robotic cars.

May 23, 2023