Business

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.

Business, Technology, Equipment

Daimler Truck Says Chip Crunch Easing

Daimler Truck Holding AG sees promising signs of moving past the prolonged chip shortage that has beset manufacturers globally, the head of the company’s Mercedes truck brand said.

William Wilkes | Bloomberg News
June 2, 2022
Government, Business, Technology, Equipment, Safety

Transportation Agencies Face Challenges Spending More for Safety

With billions of dollars in new congressional funding available for transportation regulatory agencies to spend on safety initiatives, several high-level federal officials said leaders must take a hard look at how that money is being spent, and whether there are opportunities to take new approaches to improve highway safety.

Eric Miller | Senior Reporter
June 2, 2022
Business, Logistics

Survey Shows Slight Rise in Truck Drivers Seeking New Jobs

Truck drivers are increasingly more interested in switching carriers, with 37.4% saying they are looking for a new job, according to a survey released May 31.

Connor D. Wolf | Staff Reporter
June 2, 2022
Business, Technology, Equipment, Fuel, TCA

Jeep to Stop Selling ICE-Only Models in Europe by Year-End

Jeep will stop selling vehicles powered only by internal combustion engines in major European countries by the end of the year, Christian Meunier, the brand’s CEO, said June 1.

Breana Noble | The Detroit News
June 1, 2022
Business, Technology, Logistics

Pioneering The New 5G Era In Transportation And Logistics

Transportation And Logistics Is The Lifeblood Of Our Economy. Companies Are Using 5G To Uncover Exciting Possibilities Across Their People, Fleets, Assets, And Workflows.  Learn how T-Mobile® For Business Can Help Fuel An Industry Transformation, Today And Tomorrow.

June 1, 2022
Business, Technology

Cargo Transporters Maximizes Trailer Utilization, Cargo Security with SkyBitz

The reliability of SkyBitz hardware and software saves Cargo Transporters money, while new features like SkyBitz SkyCamera accelerate ROI by preventing cargo claims from capturing images of loads and by reporting trailer loaded or unloaded status with certainty. 

June 1, 2022
Government, Business, Logistics

Planners Eye New Freight Corridor Thanks to Interstate Designation

President Joe Biden’s recent interstate designation of a New Mexico-to-Texas freight corridor will give truckers a less congested route for future U.S. trade with Mexico and Canada.

Noël Fletcher | Staff Reporter
June 1, 2022
Government, Business, Fuel

New York Suspends Gas Tax for Six Months

New York is temporarily lifting the 16 cents-a-gallon fuel tax for six months as the summer driving season kicks off with record-high pump prices.

Chunzi Xu | Bloomberg News
June 1, 2022
Government, Business

Job Openings Fell in April From March’s Record High

U.S. job openings fell in April from a record in the prior month though remained elevated at about double the number of unemployed Americans, suggesting little relief for employers struggling to attract and retain workers.

Reade Pickert | Bloomberg News
June 1, 2022
Government, Business, Technology, Fuel, Logistics

Proposal Seeks Increase in Port Diesel Fee

LONG BEACH, Calif. — San Pedro Bay ports charge $10 per container for transport that isn’t by a zero-emission truck, but an environmental group wants to combine a higher fee with incentives to accelerate adoption of cleaner trucks.

Jerry Hirsch | Contributing Writer
June 1, 2022