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, Autonomous

Mercedes Taps Luminar for Lidar

Mercedes-Benz plans to use laser sensors from Luminar Technologies Inc. in a next-generation vehicle platform to enable semi-autonomous driving features on highways.

Gabrielle Coppola | Bloomberg News
January 20, 2022
Business, Technology, Autonomous

TuSimple in Talks With Foton on Autonomous Trucks

TuSimple Holdings Inc. is in talks to join forces with one of China’s premier commercial vehicle manufacturers to create heavy-duty trucks aimed at making long-distance logistics more efficient.

January 20, 2022
Government, Business, Logistics

Port of Long Beach Moves Record Cargo Despite Logjams

The Port of Long Beach moved record cargo volumes last year amid an import surge and supply chain snarl brought on by the pandemic.

Laura Curtis | Bloomberg News
January 20, 2022
Business, Safety

ATA Selects 22 Drivers as New Road Team Class

An immigrant from India, a former Marine and a grandmother joined an elite team of 22 professional truck drivers to make up the 2022-23 America’s Road Team Captains.

Noël Fletcher | Staff Reporter
January 19, 2022
Government, Business, Breaking News

Robin Hutcheson Selected to Head FMCSA

Robin Hutcheson has been named Deputy Administrator of the Federal Motor Carrier Safety Administration, Transportation Secretary Pete Buttigieg announced Jan. 19.

Eric Miller | Senior Reporter
January 19, 2022
Business, Logistics, Top 50

XPO Logistics Port Truckers Seek to Unionize

Up to 250 XPO Logistics Inc. truckers who haul goods at Southern California ports and railyards are petitioning to unionize, hoping to convince federal authorities they’re really employees and not contractors as XPO claims.

Josh Eidelson | Bloomberg News
January 19, 2022
Business, Logistics

Truck Tonnage in December Increases 1.4% Year-Over-Year

Truck tonnage in December rose a seasonally adjusted 1.4% compared with the same month in 2020 — the fourth consecutive year-over-year gain and the highest measurement since March, American Trucking Associations announced.

Dan Ronan | Senior Reporter
January 19, 2022
Business, Logistics, Top 50, Top 100

J.B. Hunt Reports Higher Profit, Revenue for Q4 2021

J.B. Hunt Transport Services on Jan. 18 announced higher earnings and revenue for the fourth quarter of 2021.

Connor D. Wolf | Staff Reporter
January 19, 2022
Business, Logistics, Top 50, Top 100

XPO Announces Expansion of LTL Network

XPO Logistics is expanding its North American operations, adding to its LTL network two new terminals, four fleet maintenance shops and trailer manufacturing capacity, the company said Jan. 18.

Dan Ronan | Senior Reporter
January 19, 2022
Government, Business, Logistics

The Federal Response to a Disrupted Supply Chain

By the end of last year, the long-awaited $1 trillion infrastructure policy bill was signed into law, the holiday season saw the vast majority of packages delivered with minimal delays, and the USDOT announced more than $241 million in grants to domestic ports.

January 19, 2022