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, Top 100

Driver Shortage Has Trucking Companies Looking Abroad

A shortage of truckers across the U.S. has become so severe that companies are trying to bring in drivers from abroad like seemingly never before.

Ari Hawkins | Bloomberg News
August 2, 2021
Business, Technology, Equipment, Fuel, Logistics

Cargo Van Manufacturers Take Advantage as the Last-Mile Delivery Industry Grows

Van manufacturers are working to meet the demands of the growing e-commerce delivery business. They also see these vans as the perfect incubator for the transportation industry’s move toward electric-powered vehicles.

Jack Ferry | Special to Transport Topics
August 2, 2021
Business, Technology, Equipment, Fuel

Fire at Tesla Big Battery in Australia Under Control

Local authorities have declared the fire at one of Tesla Inc.’s biggest utility-scale batteries in Australia under control after the blaze initially erupted July 30.

Stephen Stapczynski | Bloomberg News
August 2, 2021
Business, Technology, Equipment, Fuel

EV Maker Rivian in Early Talks for UK Factory

Rivian Automotive Inc., the electric truck startup backed by Amazon.com Inc. and Ford Motor Co., is in talks with the U.K. government on building its first manufacturing plant outside the U.S. near the English city of Bristol, Sky News reported.

Charles Capel | Bloomberg News
August 2, 2021
Business, Logistics, Top 50, Top 100

XPO Logistics Spinoff GXO Officially Goes Public

XPO Logistics Inc.'s completion of its spinoff of GXO Logistics Inc. as a publicly traded pure-play contract logistics provider culminated with GXO officials ringing the New York Stock Exchange opening bell Aug. 2.

Connor D. Wolf and Dan Ronan | Staff Reporters
August 2, 2021
Business, Logistics

Mudslides Close 46 Miles of I-70 in Colorado

DENVER, Colo. — Mudslides from heavy rains caused “extreme damage” to Interstate 70 in Glenwood Canyon, Colo., Aug. 1, and transportation officials closed the road and advised long-distance truckers to detour north onto Interstate 80 through Wyoming.

August 2, 2021
Business, Logistics

I-40 Bridge Linking Arkansas, Tennessee Reopens

MEMPHIS, Tenn. — Authorities on July 31 reopened the Interstate 40 bridge linking Arkansas and Tennessee that had been closed ever since a crack was discovered in the span in May.

August 1, 2021
Business, Logistics

Toll by Plate: Protect Your Fleet from Violations

Download the latest whitepaper from Bestpass, leaders in toll management, to learn: what toll by plate is and how it works, how toll by plate impacts fleets, how to develop the right toll by plate strategy for your fleet.   

August 1, 2021
Business, Technology, Equipment, Safety, Fuel, Autonomous

Paccar’s New CTO Sees Electrification, Autonomy Transforming Truck Market

WASHINGTON — After years of working with emerging technologies in the automotive sector, Paccar Inc.’s new chief technology officer sees a similar transformation unfolding in the commercial truck market.

Seth Clevenger | Managing Editor, Features and Multimedia
July 30, 2021
Government, Business, Technology, Equipment, Fuel

DOE Awards $60 Million for Zero-Emission Truck, Car Projects

The U.S. Department of Energy announced July 28 that it has directed $60 million toward projects meant to reduce emissions in trucks and cars.

Eleanor Lamb | Staff Reporter
July 30, 2021