Trucking Business News

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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.

BusinessTechnologySafety

Questions Raised Over FMCSA Proposal for New Electronic Truck IDs

A plan for Unique Electronic Identification devices to be on most commercial vehicles would allow law enforcement to identify and monitor the condition of trucks and drivers on the highways. This raises concerns about privacy and the costs and benefits. 

November 1, 2022
BusinessTechnology

Derek Leathers Named New ATRI Chairman

Derek Leathers, CEO, president and chairman of Werner Enterprises, is the new chairman of the American Transportation Research Institute, it was announced Nov. 1.

November 1, 2022
GovernmentBusinessTechnologyFuelTCA

Congress Looks to States for Highway Trust Fund Revenue Solution

As electric vehicles appear more and more to be the future of transportation in America, the decades-old method of funding the nation’s roads and bridges with gasoline taxes will soon be a relic of its past.

November 1, 2022
BusinessEquipmentLogistics

Forward Air Posts Record Q3 Income, Revenue

Forward Air Corp. reported record third-quarter net income, earnings per share and revenue from selecting, handling and pricing higher quality freight.

November 1, 2022
BusinessTechnologyEquipmentFor-Hire

XPO Spinoff RXO Officially Launches

XPO Logistics Inc. turned its tech-enabled brokered transportation platform, RXO, into an independent, publicly traded company Nov. 1.

November 1, 2022
BusinessTechnologyAutonomous

TuSimple Fires CEO Xiaodi Hou Amid Investigation

Self-driving truck technology developer TuSimple announced it terminated Xiaodi Hou, the company’s CEO, president and chief technology officer, and removed Hou from his position as chairman, effective Oct. 30.

October 31, 2022
GovernmentBusinessLogistics

Mediterranean Shipping Co. Clashing With Machinists’ Union Over Seattle Terminal Duties

Mediterranean Shipping Co. filed a motion in late October with the National Labor Relations Board urging SSA Marine Inc. to assign tasks at the Port of Seattle’s Terminal 5 to the International Longshore and Warehouse Union.

October 31, 2022
GovernmentBusinessTechnologyFuel

EVs Become a Debate Topic Ahead of Midterm Elections

Heading into November’s midterm elections, many Republican candidates are seeking to capitalize on voters’ concerns about inflation by targeting a key component of President Joe Biden’s climate agenda: electric vehicles.

October 31, 2022
GovernmentBusinessLogistics

Port of Oakland Turns to Agriculture to Replace Lost Cargo Volumes

Port of Oakland Executive Director Danny Wan says the port has embarked on a plan to play to its strength as one of the leading agriculture export facilities in the world to soften the impact of COVID challenges of the past three years.

October 31, 2022
BusinessEquipmentTop 100

Ruan Acquires National Truck Brokers

Des Moines, Iowa-based Ruan Transportation Management Systems, one of the largest family-owned-and-operated transportation and logistics companies in the U.S., announced Oct. 28 it has acquired Grand Rapids, Mich.-based National Truck Brokers.

October 31, 2022

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