Trucking Business News

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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.

GovernmentBusinessLogisticsGlobal Freight

Labor Leaders Optimistic Over Port Contract Talks

With negotiations expected to begin soon between the 22,000-member International Longshore and Warehouse Union and the Pacific Maritime Association, ILWU leaders are expressing confidence that the two sides will reach an agreement — without an interruption in work — before the June 30 deadline for the current contract expiration.

April 13, 2022
BusinessEquipment

March Trailer Orders Surge to Nearly 38,000

March U.S. trailer orders surged to nearly 38,000 amid some supply chain relief — to the highest level since December 2020, ACT Research reported.

April 13, 2022
GovernmentBusinessTechnologyEquipmentFuel

EPA’s New NOx Reduction Proposal Debated at Hearing

In an all-day virtual hearing, many of the roughly 140 parties commenting expressed support for the U.S. Environmental Protection Agency’s proposed new rule to tighten nitrogen oxides emissions. Others, however, either viewed the effort as a lost opportunity or attacked it as an overreach.

April 13, 2022
GovernmentBusinessFuel

Oklahoma, Louisiana, Arkansas Create Hydrogen Hub

Three states are joining forces to create a regional hub to develop and produce hydrogen that will be used as a fuel and for manufacturing feedstock.

April 13, 2022
BusinessPrivateTop 100

Walmart Announces Driver Pay Increase, Training Program

Walmart Inc. is raising pay for its private fleet truck drivers and launching a new training program, the retailer announced April 7.

April 13, 2022
BusinessTechnologyFuel

Amazon Adds 5% Fuel, Inflation Surcharge for Sellers

Amazon.com Inc. will charge businesses that sell products on its website a 5% fuel and inflation fee beginning April 28, according to documents reviewed by Bloomberg, a first for the company.

April 13, 2022
GovernmentBusinessLogistics

Shipping Slowdown Exposes Vulnerability of US Economic Growth

Real economic activity in the U.S. is slowing sharply. This is showing up in lower demand for new trucks and autos, and a tailing off in freight volumes, leaving transport stocks facing more downside.

April 13, 2022
BusinessEquipmentBreaking News

March Class 8 Sales Top 20,000

Retail Class 8 sales in March hit the high point for the year and still slipped 7.6% compared with a year earlier, Wards Intelligence reported.

April 13, 2022
BusinessTechnologyFuel

Japanese EV Battery Company to Build Kentucky Plant

A Japanese electric-vehicle battery technology company will build a factory in Kentucky, creating 2,000 jobs in a $2 billion investment that reinforces the state’s leadership in battery production, Gov. Andy Beshear said April 13.

April 13, 2022
GovernmentBusinessSafety

Transportation Leader Peter DeFazio Reflects on IIJA Implementation

Over his years in office, Rep. Peter DeFazio has become one of the staunchest proponents for increasing federal dollars to repair and modernize the nation’s infrastructure.

April 13, 2022