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.

BusinessLogisticsTop 100

DHL Transport Chief Sees ‘So Much Strength’ in US Economy

The U.S. economy is strong enough to avoid a sharp downturn, even as concerns are growing about how long consumers can sustain healthy spending levels amid rising inflation, the head of transportation at Deutsche Post AG’s DHL supply chain division said.

April 13, 2022
GovernmentBusinessSafetyLogistics

Texas Ag Commissioner Blasts Governor’s Border Crackdown

Texas Agriculture Commissioner Sid Miller blasted Gov. Greg Abbott’s “catastrophic†crackdown on cross-border trucking and warned it will lead to food shortages in the second-largest U.S. state.

April 13, 2022
GovernmentBusinessTechnology

ASBPE Recognizes Transport Topics With Seven Regional Awards

Transport Topics captured seven 2022 Mid-Atlantic Region Azbee Awards of Excellence from the American Society of Business Publication Editors.

April 13, 2022
GovernmentBusiness

Producer Prices Jump 11.2% From a Year Ago, the Most on Record

Prices paid to U.S. producers jumped in March from a year ago by the most in records back to 2010, topping all estimates and underscoring persistent early-stage inflationary pressures that risk feeding through to consumers.

April 13, 2022
BusinessEquipment

March Medium-Duty Sales Slip 10.9%

U.S. retail sales of Classes 4-7 trucks in March dropped nearly 11% compared with a year earlier but reached the highest monthly total this year, Wards Intelligence reported.

April 13, 2022
BusinessPrivate

Walmart Hires PayPal’s John Rainey as CFO

Walmart Inc. named PayPal Holdings Inc. Chief Financial Officer John Rainey as its new finance chief, turning to a company outsider as it seeks to build a financial-technology venture and a membership program.

April 12, 2022
GovernmentBusinessLogisticsTCA

Mexican Truckers Halt Bridge Traffic Following Texas Inspection Mandate

PHARR, Texas — Just four days after the Texas Department of Public Safety began implementing a program to inspect all commercial traffic crossing the Texas-Mexico border, Mexican truck drivers staged a protest that halted all traffic into and out of Mexico at the Pharr-Reynosa International Bridge on April 11.

April 12, 2022
GovernmentBusinessSafety

Audit Says Hazmat Regulators Need to Meet Timely Reviews of Carriers

Hazardous materials regulators are falling short in performing some required timely reviews of whether hazmat carriers have the “knowledge, capability and performance record†to safely move hazmat, according to a new Department of Transportation inspector general audit.

April 12, 2022
BusinessLogistics

Union Pacific Will Limit Traffic to Clear Clogged Rail Lines

Union Pacific Corp. plans to limit customer-owned railcars on its network beginning next week to ease traffic jams that have gummed up the supply chain.

April 12, 2022
GovernmentBusinessTechnologyEquipmentFuel

Electric Vehicle Growth Outpaces Installation of Battery Chargers

As electric vehicle sales take off, the number of them on the road is growing faster than the number of public charging points to support them.

April 12, 2022