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

Canadian Pacific Set to Halt Operations If Labor Talks Fail

Canadian Pacific Railway Ltd. is gearing up to halt operations after failing to reach a labor deal with unionized workers.

March 17, 2022
GovernmentBusiness

Factory Output Exceeds Forecast, Rises Most in Four Months

Production at U.S. factories rose in February by the most in four months, indicating firmer momentum in a manufacturing sector still challenged by supply constraints and higher costs.

March 17, 2022
BusinessTechnologyEquipmentFuelLogistics

Convoy Survey: Empty Miles Top Carriers鈥 List of Priorities

Digital freight network company Convoy found reducing empty miles is a top priority for small and midsize trucking companies, according to a sustainability survey released March 17.

March 17, 2022
GovernmentBusinessTechnologyFuel

Germany Backs EU Phaseout of New Combustion Engines by 2035

Germany threw its weight behind a European Union proposal that only emission-free new cars and vans can be sold from 2035 as the bloc moves forward in talks on an ambitious green overhaul at a time of an extraordinary energy crisis.

March 17, 2022
GovernmentBusinessSafety

Study: SUVs, Pickups More Likely to Hit Pedestrians Than Cars

DETROIT 鈥 Drivers of bigger vehicles such as pickup trucks and SUVs are more likely to hit pedestrians while making turns than drivers of cars, according to a new study.

March 17, 2022
GovernmentBusiness

Fed Lifts Rates a Quarter Point in Opening Bid to Curb Inflation

The Federal Reserve raised interest rates by a quarter percentage point and signaled six more such hikes this year, launching a campaign to tackle the fastest inflation in four decades even as risks to economic growth mount.

March 16, 2022
GovernmentBusiness

White House Unveils FLOW Plan to Improve Supply Chain

In an effort to open up the nation鈥檚 clogged supply chains, the Biden administration on March 15 announced plans for a pilot program under which organizations across the transportation landscape would share data with one another to improve the overall flow of goods.

March 16, 2022
BusinessTechnologyEquipment

DTNA鈥檚 O鈥橪eary Reflects on Time of Transition for Company, Class 8 Market

John O鈥橪eary鈥檚 first year as CEO of Daimler Truck North America has been an eventful one. 鈥淚t鈥檚 just been this whirlwind of activity, one thing after another,鈥 O鈥橪eary said during a one-on-one interview with Transport Topics on March 8 at the Technology & Maintenance Council鈥檚 annual meeting.

March 16, 2022
GovernmentBusinessTechnologyFuel

Fed Policymakers Unveil Hydrogen Transportation Bill

Legislation that would establish a grant program at the U.S. Department of Transportation to assist with the adoption of heavy-duty hydrogen fuel cell vehicles was recently introduced in the U.S. Senate.

March 16, 2022
BusinessTechnologyEquipment

Intel Outlines Plans Amid Global Chip Race

Magdeburg in the former East Germany is famous for its towering Gothic cathedral, and not a lot else. It鈥檚 now about to play a key role in U.S. and European efforts to tilt the global balance of power.

March 16, 2022