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

Trucker Tools Acquired by ASG

Trucker Tools has been acquired by the software-focused investment portfolio company ASG, the companies announced June 22.

Connor D. Wolf | Staff Reporter
June 22, 2021
Business, Safety, Fuel, Breaking News

May Tonnage Rises 3.7% Year-Over-Year

Truck tonnage rose 3.7% in May compared with year-ago levels and is pacing well against comparisons to the early months of the coronavirus pandemic, according to American Trucking Associations.

Dan Ronan | Senior Reporter
June 22, 2021
Government, Business, Technology, Logistics

China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO

Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside by a Chinese company this year.

June 22, 2021
Government, Business, Technology, Logistics

Amazon Might Have to Sell Logistics Business Under Bill

Amazon .com Inc. could be forced to sell its valuable logistics services division — the network of warehouses and delivery hubs around the country that power quick delivery of online orders — under antitrust legislation proposed by a congresswoman from Amazon’s hometown of Seattle, according to a spokesman for the lawmaker.

June 22, 2021
Government, Business, Fuel

Some Denver Gas Stations Have Been Running Short of Fuel

Dozens of gasoline stations in Denver and southern Colorado ran dry last weekend as a shortage of truck drivers and pipeline work delayed fuel supplies.

Jeffrey Bair | Bloomberg News
June 21, 2021
Business, Technology

Public, Private Groups Pilot Last-Mile Delivery Hub in Seattle

The University of Washington’s Urban Freight Lab, in collaboration with various companies, is piloting a zero-emission hub for last-mile deliveries.

Eleanor Lamb | Staff Reporter
June 21, 2021
Government, Business

US House Highway Bill to Reach Floor This Month

Floor consideration in the U.S. House of Representatives of legislation that would update the country’s surface transportation policies is expected as early as this month.

Eugene Mulero | Senior Reporter
June 21, 2021
Business, Technology, Equipment, Fuel

First Production Model Peterbilt 220EV Goes to Alaska

Peterbilt Motors Co. announced the delivery of the first production Model 220EV to the Department of Solid Waste Services in Anchorage, Alaska. Ordered but not yet delivered was a Model 520EV truck.

June 21, 2021
Government, Business, Fuel

Biden Won’t Accept Gas Tax in Latest Infrastructure Plan

President Joe Biden still sees sticking points in a draft bipartisan Senate infrastructure plan, as top aides warned June 21 that they continue to explore other legislative pathways and will not support certain tax increases as part of a final deal.

Josh Wingrove | Bloomberg News
June 21, 2021
Government, Business, Technology, Safety

Fleets’ COVID-19 Safety Practices May Linger After Pandemic Ends

The COVID-19 outbreak prompted transportation companies to adopt a battery of safety measures — some of which may remain in place even after the pandemic is over.

Eleanor Lamb | Staff Reporter
June 21, 2021