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.

Government, Business, Technology, Safety, Logistics

Roads Busy Again After Pandemic Bring Risk, Experts Say

The nationwide lockdowns brought on by the pandemic cleared the roads of many passenger vehicles and helped truckers keep goods moving. However, as passenger cars gradually return, industry experts are considering how those pandemic-era roads affected safety and how drivers will respond once they start getting crowded again.

Connor D. Wolf | Staff Reporter
May 20, 2021
Business, Technology, Equipment, Fuel, Logistics

Daimler Truck Eyes Pending Independent Status in Electric World

Daimler Truck reported it is on schedule to be listed as a public company on the Frankfurt Stock Exchange by the end of this year, and remains committed to replacing internal combustion engines globally with battery-electric and fuel cell electric powertrains and related software.

Roger Gilroy | Senior Reporter
May 20, 2021
Business, Technology, Equipment, Autonomous

Kodiak Robotics Expands Autonomous Truck Operations in Texas

SAN ANTONIO — Autonomous truck developer Kodiak Robotics this summer is expanding its routes, adding a Dallas-to-San Antonio run.

Dan Ronan | Senior Reporter
May 20, 2021
Government, Business, Safety

House GOP Unveils $400 Billion Highway Policy Bill

Legislation that would authorize $400 billion over five years for surface transportation programs was unveiled by Republican policymakers in the U.S. House of Representatives May 19.

Eugene Mulero | Senior Reporter
May 20, 2021
Government, Business, Technology, Fuel

Ford’s High-Stakes Electric F-150 Will Start Under $40,000

Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator.

Keith Naughton | Bloomberg News
May 20, 2021
Business, Equipment

April Trailer Orders Drop to 10-Month Low; Costs, Cancellations Rise

U.S. trailer orders in April were just above 14,000, the lowest volume in 10 months as cancellations increased and backlogs continued to extend into 2022, ACT Research reported.

Roger Gilroy | Senior Reporter
May 20, 2021
Business

ATA Mid-Year Attendees Optimistic About Trucking

SAN ANTONIO — During one of the first in-person industry events to be held as the country emerges from the coronavirus pandemic, trucking executives attending American Trucking Associations’ Mid-Year Management Session expressed optimism about opportunities that await motor carriers — and the nation overall — as life for Americans returns to normal.

Dan Ronan | Senior Reporter
May 20, 2021
Government, Business, Logistics

CP Rail Declines to Boost Offer, Urges KC Southern to Drop CN

Canadian Pacific Railway Ltd. declined to increase its offer for Kansas City Southern and urged the U.S. railroad instead to reject Canadian National Railway Co.’s higher bid because of regulatory risks.

Thomas Black | Bloomberg News
May 20, 2021
Government, Business

Initial Jobless Claims Decline to New Pandemic Low

Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, signaling steady improvement in the job market as remaining business restrictions are lifted.

Payne Lubbers | Bloomberg News
May 20, 2021
Government, Business, Safety

Texas Senate Passes Bill Aimed at Curbing Lawsuit Abuse of Truckers

The Texas Senate has unanimously approved a House bill that would help curb the growing trend of lawsuit abuse targeting commercial vehicles in Texas.

Eric Miller | Senior Reporter
May 20, 2021