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.

BusinessLogistics

Supply Chain Pressures Soar to a Record, Index Shows

The Logistics Managers’ Index, a measure of U.S. supply chain pressures, rose to a record.

April 6, 2022
BusinessLogisticsTop 100

MSC Buys Bollore’s African Logistics Unit

MSC Mediterranean Shipping Co. agreed to buy the African transport and logistics business of Bollore SA for 5.7 billion euros ($6.3 billion) including debt.

April 6, 2022
BusinessLogisticsTop 100

FedEx Logistics Opens Global Headquarters in Memphis

FedEx Logistics Inc. opened its new global headquarters in Memphis, Tenn., on April 5.

April 6, 2022
BusinessTechnologyAutonomousTop 100

Werner Partners With Aurora to Haul Freight Autonomously in Texas

Aurora Innovation Inc. has announced a deal to haul freight on a route between Fort Worth and El Paso, Texas, for Werner Enterprises.

April 6, 2022
BusinessFuel

Rivian Boosts EV Output Despite Supply Chain Snags

Rivian Automotive Inc. produced 2,553 vehicles in the first quarter as the maker of plug-in trucks contended with a snarled supply chain and pandemic challenges.

April 5, 2022
GovernmentBusiness

House Lawmakers Introduce Trucking Workforce Bill

Legislation aimed at incentivizing individuals to join the trucking workforce was recently introduced in the U.S. House of Representatives.

April 5, 2022
BusinessEquipment

March Class 8 Orders at 21,000 Stay in Familiar Zone

North American Class 8 orders in March were just over 21,000 and kept pace with the levels over the past few months, ACT Research reported, citing truck makers’ preliminary data.

April 5, 2022
GovernmentBusinessTechnologyFuel

NHTSA Opens Probe Into LG Electric Vehicle Batteries

DETROIT — U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls due to possible defects that could cause fires or stalling.

April 5, 2022
BusinessTechnology

Wait Times for Chips Grow Modestly in March

The wait times for semiconductor deliveries rose slightly in March, reaching a new high, after lockdowns in China and an earthquake in Japan further hampered supply.

April 5, 2022
BusinessTechnologyEquipmentFuel

Montreal Dealer Is First in Canada to Be Mack EV-Certified

Mack Laval’s Dorval facility in Montreal is now a Mack Trucks certified electric vehicle dealer, making it the first Mack dealer in Canada to achieve this designation.

April 5, 2022