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

Planned maintenance yields efficient, productive and safe operations

Neglecting basic maintenance for fleet trucks to decrease downtime has seriously negative consequences, especially when braking systems are the components being neglected. It’s time to address maintenance proactively to maximize productivity and increase safety. 

April 1, 2021
Business

Emerging Tolling Trends for Commercial Fleets

Understanding new trends in tolling in 2021, and how tolling will evolve into the future, is critical for most commercial fleets, especially those with large regional or national footprints. Learn more about the emerging tolling trends to optimize your fleet’s operations. 

April 1, 2021
Business

Sandeep Sakharkar to Become CIO for XPO Spinoff GXO

XPO Logistics announced that Sandeep Sakharkar will become the chief information officer of spinoff business GXO Logistics.

April 1, 2021
Business, Technology, Equipment

Volvo Penta, Tico to Develop Electric Terminal Trucks

Volvo Penta announced a joint effort in North America with Terminal Investment Corp. to develop emissions-free, fully electric terminal truck prototypes, calling them a viable future application for EVs.

April 1, 2021
Business

IMC Cos. Hires First Chief Administrative Officer

The marine drayage business IMC Cos. announced March 29 that it hired its first chief administrative officer.

April 1, 2021
Government, Business, Fuel

Oil Rises After OPEC+ Agrees to Boost Output Gradually

Oil rose after the OPEC+ alliance agreed to increase oil production gradually over the next three months.

April 1, 2021
Government, Business

US Jobless Claims Rise as Labor Market Recovery Remains Choppy

Applications for U.S. state unemployment insurance unexpectedly rose last week but remained near the lowest levels of the pandemic as the labor market meanders toward full recovery.

Reade Pickert | Bloomberg News
April 1, 2021
Government, Business, Technology, Fuel

‘Chargers Everywhere’: Biden Maps $174 Billion Path for EV Boom

The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.

Keith Laing and Ari Natter | Bloomberg News
April 1, 2021
Business, Equipment

FleetPride Acquires Southern Truck Center

FleetPride acquired the assets of Southern Truck Center, the truck parts and service distributor announced March 31.

April 1, 2021
Government, Business, Technology, Fuel, Logistics

Biden’s Infrastructure Plan to Total $2.25 Trillion, Include Corporate Tax Hikes

President Joe Biden announced a $2.25 trillion climate change-centric infrastructure plan meant to repair the country’s roads and bridges, and guarantee nationwide access to broadband internet and safe drinking water.

Eugene Mulero | Senior Reporter
March 31, 2021