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, Fuel

UNFI Refits With Electric TRUs in Southern California

The wholesaler United Natural Foods Inc. announced it is adding 53 all-electric transport refrigerated trailer units to its fleet located at the company’s Riverside, Calif., distribution center.

June 11, 2021
Business, Equipment

May Trailer Orders Mark Year’s Low Point

U.S. trailer order volume was the lowest of the year but well above last year’s comparable results that were depressed by the coronavirus pandemic.

Roger Gilroy | Senior Reporter
June 11, 2021
Government, Business, Technology, Fuel

Port of Los Angeles, Partners Launch Zero-Emission Project

The Port of Los Angeles and its partners announced the debut of five new hydrogen-powered fuel cell electric vehicles and the grand opening of two hydrogen fueling stations as they move to pollution-free goods movement.

June 11, 2021
Business, Equipment

New Colors for CentriFuse Brake Drums

Motor Wheel, the manufacturer of CentriFuse brake drums and Crewson brake adjusters, announced the re-colorization of its CentriFuse brake drums to differentiate the products from what the company called imitations and off-shore clones.

June 11, 2021
Business, Equipment

Mack Announces TerraPro Concrete Pumpers Can Include AMT

Mack Trucks announced customers can now order a Mack mDRIVE HD automated manual transmission in Mack TerraPro cabover concrete pumpers powered by the 13-liter Mack MP8 engine.

June 11, 2021
Business, Technology, Fuel, Autonomous

KeepTruckin Launches AI Tool Aimed at Fuel Usage

KeepTruckin launched a solution to help fleets save money on fuel and operate more efficiently, the company announced June 9.

June 11, 2021
Government, Business

Appeals Court Hears Arguments in California Nondriving Pay Lawsuit

A U.S. appeals court on June 10 heard oral arguments in a class-action case in which California truck drivers argued they should have been paid for nondriving work time, even while under a piece-rate basis agreement with a motor carrier to transport a load.

Eric Miller | Senior Reporter
June 11, 2021
Government, Business

Pay-as-You-Go Surprise: GOP Backs VMT Fees While Democrats Balk

The debate over how to pay for the nation’s roads, bridges and transit systems is leading some normally anti-tax Republicans to embrace higher levies on motorists — even a new one based on miles driven instead of fuel purchased.

Keith Laing | Bloomberg News
June 11, 2021
Government, Business

Consumer Sentiment Rises, Inflation Outlook Moderates

U.S. consumer sentiment rose in early June by more than expected on improved outlooks for the economy and moderating inflation expectations.

Olivia Rockeman | Bloomberg News
June 11, 2021
Government, Business, Safety

Senators Eye $579 Billion in New Infrastructure Spending, $1 Trillion Plan

WASHINGTON — A bipartisan group of senators is eyeing an infrastructure deal with $579 billion in new spending as negotiators try to strike a nearly $1 trillion deal on President Joe Biden’s top priority, according to those briefed on the plan.

Lisa Mascaro and Kevin Freking | Associated Press
June 11, 2021