Transportation 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.
AGCO to Buy Trimble Assets for $2 Billion to Boost Farm Tech
AGCO Corp., one of the world’s largest agricultural tractor makers, will acquire technology assets from Trimble for $2 billion to boost its offerings in the precision agriculture market.
September 28, 2023Q2 GDP Remains Steady at 2.1% Growth
WASHINGTON — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Sept. 28.
September 28, 2023Trimble Continues Quest to Improve Connectivity in Trucking
Trimble is seeking to streamline industry workflows and forge closer connections among drivers, trucks, carriers, shippers and logistics providers.
September 27, 2023Carter Express Helps Nestlé Go Green With EV Yard Tractors
Two electric trucks from Carter Express Inc. went into operation at Nestlé’s production plant in Indiana thanks to a state grant for $600,000 covering most of the green supply chain project.
September 27, 2023N.J. Wants Faster Action by Feds on Congestion-Pricing Suit
New Jersey accused the U.S. Department of Transportation of stalling its lawsuit challenging federal approval of New York City’s controversial congestion-pricing plan.
September 27, 2023N.C. School to Build Truck Driver Training Area
High demand for truckers in North Carolina is behind Guilford Technical Community College’s plans to open a $4.35 million driver training facility funded by state and federal grants.
September 27, 2023Truck Parking Projects on Docket, Secretary Buttigieg Says
Increasing parking availability for the nation’s truck drivers remains high on the U.S. Department of Transportation’s agenda, Secretary Pete Buttigieg indicated recently.
September 27, 2023Pa. Turnpike Aims for EV Chargers at Every Plaza by 2027
The Pennsylvania Turnpike should have electric vehicle charging stations at every service plaza by January 2027, officials said.
September 27, 2023UPS to Hire 30,000 Extra Drivers for Peak Season
UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.
September 27, 2023Trucking M&A Market Shows Signs of Rebound
The trucking merger and acquisition market is showing early signs of a rebound after a slowdown this year caused by uncertain freight and financial conditions.
September 27, 2023Trending
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