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.

BusinessTechnologyAutonomous

Ford-Backed Argo Goes Driverless in Miami, Austin

Argo AI, the driverless startup backed by Ford Motor Co. and Volkswagen AG, has started testing self-driving vehicles in Miami and Austin, Texas, without a human behind the wheel.

May 17, 2022
BusinessFuel

Gas Tops $4 a Gallon in Every State for the First Time

Gasoline pump prices have risen above $4 a gallon in all states in the U.S. for the first time ever as the last holdouts — Kansas, Oklahoma and Georgia — saw prices rise overnight, according to auto club AAA.

May 17, 2022
BusinessTechnologyLogistics

Ryder Expands Last-Mile Delivery Network With Boise Hub

Ryder System Inc. opened a facility in Caldwell, Idaho, as part of a strategic expansion of its last-mile network, the company announced May 17.

May 17, 2022
GovernmentBusinessTechnology

Secretary Walsh Touts Truck Drivers Amid Automation Advances

Truck drivers will continue to provide key contributions to the freight industry as automation is steadily adopted throughout the transportation landscape, Secretary of Labor Marty Walsh said recently.

May 17, 2022
GovernmentBusinessSafety

Cities Find Easier Access to Infrastructure Funds

While local communities have more access to federal infrastructure funds to improve transportation, rising project costs are creating difficulties.

May 17, 2022
BusinessTechnologyEquipmentFuel

Hydrogen Likely to Be Next Fuel for Trucking, Panelists Say

LONG BEACH, Calif. — Hydrogen fuel cells are being adopted in transit fleets, and trucking is poised to be the second mover with the fuel — and ultimately see a price at production comparable to diesel, experts said at ACT Expo.

May 17, 2022
BusinessLogistics

°®¶¹´«Ã½ Depot Overcomes Slow Start to Year, Rising °®¶¹´«Ã½ Prices

°®¶¹´«Ã½ Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.

May 17, 2022
BusinessPrivate

Walmart Profit Drags as Inflation Takes a Bite

NEW YORK — Walmart reported stronger sales for the first quarter, but its profit took a beating as the nation’s largest retailer grappled with surging inflation on food and fuel and higher costs from a snarled global supply chain.

May 17, 2022
GovernmentBusinessLogistics

Retail Sales Show Consumers Standing Firm in Face of Inflation

U.S. retail sales grew at a solid pace in April, reflecting broad-based gains and suggesting demand for merchandise remains resilient despite rampant inflation.

May 17, 2022
GovernmentBusiness

Alabama Trucking Association Creates TV Ad Backing Governor’s Re-Election

The Alabama Trucking Association aims to elevate the industry’s visibility in the state’s current election cycle with an ad campaign backing incumbent Gov. Kay Ivey, a candidate the group said has been a key supporter of trucking.

May 17, 2022