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.

GovernmentBusinessSafety

Cargo Theft Trends Shift Amid Emboldened Criminals

A shift in goods being swiped by cargo thieves indicates that criminals targeting the trucking industry are returning to pre-pandemic activity.

May 26, 2022
GovernmentBusinessLogistics

The Future of Warehouse Building Is Urban

LONG BEACH, Calif. — Accelerating e-commerce purchases and continuing supply chain disruptions are reshaping the warehouse and distribution industry, driving up costs and creating robust demand for storage facilities in urban areas and near ports.

May 26, 2022
BusinessLogisticsFor-Hire

IndiGo Founder Partners With UPS for Logistics Venture

The biggest shareholder of India’s largest airline, IndiGo, teamed up with UPS Inc. to tap the South Asian nation’s growing logistics market.

May 26, 2022
GovernmentBusiness

Economy Shrank by 1.5% in Q1 but Consumers Kept Spending

WASHINGTON — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported May 26 in a slight downgrade of its previous estimate for the January-March quarter.

May 26, 2022
BusinessTechnology

Broadcom to Buy VMware for $61 Billion

Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and economic uncertainty.

May 26, 2022
BusinessTechnologyAutonomousPrivateTCA

Walmart Expands Drone Delivery in Six States

Walmart soon will expand its drone delivery program across six states: Florida, Arizona, Arkansas, Texas, Utah and Virginia. Drone hubs will be set up at 34 sites by the end of the year.

May 25, 2022
BusinessTechnology

Solera Sets Out to Build Unified Fleet Platform

NEW ORLEANS — In the span of a year, Solera Holdings quickly became one of the trucking industry’s largest technology suppliers through its acquisitions of Omnitracs, SmartDrive, eDriving and Spireon.

May 25, 2022
GovernmentBusinessTechnologyEquipmentFuel

Oklahoma Legislature Creates Legal Infrastructure for Hydrogen Energy

Oklahoma legislators have passed nine new laws creating a legal infrastructure for hydrogen fuel to better position residents and businesses to make, use and distribute the alternative energy source.

May 25, 2022
GovernmentBusinessFuel

Drivers Begin to Balk at Record Gas Prices

U.S. gasoline demand — which earlier was expected to hold strong this summer despite soaring prices — is starting to show signs of cracks.

May 25, 2022
BusinessLogistics

Google Takes Another Run at E-Commerce, and Amazon

In the past, Google has tried emulating Amazon.com Inc.’s online retail and delivery services, with little luck. Now the search giant is positioning itself as a kind of anti-Amazon, a free marketplace for merchants and Amazon rivals that’s designed to get consumers more comfortable shopping with Google.

May 25, 2022