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.

BusinessSafety

NTDC, Inspectors Tournaments Kick Off in Indy

More than 400 women and men representing carriers such as UPS Inc., FedEx Corp. and Walmart Inc., will test their skills in a trucking tournament referred to as the “Super Bowl of Safety" beginning Tuesday in Indianapolis at the National Truck Driving & Step Van Driving Championships.

August 15, 2022
BusinessTechnologySafety

For Virginia’s Mark Brundage, NTDC Brings Industry Together

At the start of the year, Mark Brundage was tied up with plenty of work obligations and family commitments. But a last-minute opening in his schedule in May made it possible for Brundage to take a shot at Virginia’s trucking competition.

August 15, 2022
GovernmentBusinessLogistics

L.A. Warehousing Mecca Halts Expansion Just as Needs Soar

Communities in the Inland Empire, the logistics mecca east of Los Angeles, are suspending new warehousing projects to examine the impact from decades of pollution, putting the industry under pressure when it’s needed most.

August 15, 2022
GovernmentBusinessLogisticsTCA

Port of Mobile Sets Record for Container Shipping in July

The Alabama Port Authority set a new benchmark in July, moving more cargo containers than ever before, and port officials say that Mobile’s performance in an era of supply chain turmoil is being noticed.

August 15, 2022
GovernmentBusinessLogisticsTCA

Los Angeles, Long Beach Ports Hail Supply Chain Progress

In January, a record 109 ships awaited entry into the combined ports of Los Angeles and Long Beach, often stretching to south Orange County. On Aug. 11, that number stood at nine ships.

August 15, 2022
GovernmentBusinessSafety

Fleets Can Reduce the Risk of a Nuclear Verdict

Nuclear verdicts can be detrimental to motor carriers and their insurance rates, but carriers can mitigate risk by utilizing technology, documenting and sharing safety efforts, and taking advantage of the first 24 hours if a claim occurs.

August 15, 2022
GovernmentBusinessFuel

Average Gasoline Price Falls 45 Cents to $4.10 per Gallon

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

August 15, 2022
GovernmentBusiness

Congress OKs Dems’ Climate, Health Bill

WASHINGTON — A divided Congress gave final approval Aug. 12 to Democrats’ flagship climate and health care bill, handing President Joe Biden a back-from-the-dead triumph on coveted priorities that the party hopes will bolster their prospects for keeping their hold on Congress in November’s elections.

August 12, 2022
GovernmentBusinessTechnologySafety

NHTSA Administrator Steven Cliff Leaves for CARB

Steven Cliff, the head of the National Highway Traffic Safety Administration, is stepping down from his post for a leadership role at the California Air Resources Board.

August 12, 2022
BusinessTechnologyEquipmentFuel

Stellantis May Invest Billions to Make EVs in Mexico

Stellantis NV is considering renovating a plant in Mexico to build hybrid and electric vehicles as it transforms its lineup to meet surging demand for battery-powered transport.

August 12, 2022