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.

BusinessFuel

Can You Canoo? Terms of Deal Say Walmart Can, Amazon Can’t

Walmart Inc.’s deal backing an electric vehicle startup has some strings, including a provision preventing sales to rival Amazon.

July 13, 2022
GovernmentBusinessLogistics

Ocean Shipping Rates Begin to Decline

Transpacific shipping costs have fallen by 53% in the past three months.

July 13, 2022
Business

A Quarter of Americans Say Their Next Car Will Be an EV

A quarter of Americans surveyed say they will buy an electric vehicle as their next automobile as gasoline prices soar to record levels.

July 13, 2022
GovernmentBusinessFuel

Quest to Curb Gas Prices Sends Biden on Saudi Trip

President Joe Biden seeks to salvage relations with Saudi Arabia in a Mideast trip that risks political embarrassment unless near-record U.S. gasoline prices swiftly come back to Earth.

July 13, 2022
GovernmentBusinessLogistics

US Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go Big

U.S. inflation accelerated in June by more than forecast, underscoring relentless price pressures that will keep the Federal Reserve on track for another big interest-rate hike later in July.

July 13, 2022
GovernmentBusinessTechnologyAutonomous

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Twitter Inc. sued billionaire Tesla CEO Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.

July 12, 2022
GovernmentBusinessSafetyLogistics

I-81 Coalition Considers Federal Funding for Truck Parking

An Interstate 81 coalition wants to form a multistate team to apply for federal funds to improve truck parking following a recent roundtable discussion with six states about inadequate spaces along the vital eastern U.S. freight corridor.

July 12, 2022
GovernmentBusinessSafety

Younger Drivers Look Beyond Pay When Choosing Carriers, ATRI Finds

The American Transportation Research Institute found the majority of young truck drivers are motivated by factors besides pay when choosing a carrier.

July 12, 2022
GovernmentBusinessLogistics

US Chamber Calls for White House Help in Rail Labor Dispute

Citing supply chain concerns, the U.S. Chamber of Commerce joined other transportation stakeholders in calling on the White House to assist with labor disputes in the freight rail sector.

July 12, 2022
GovernmentBusinessTechnologyFuelTCA

Ohio Identifies 15 Alternative Fuel Corridors for EV Charging Stations

CLEVELAND — The Ohio Department of Transportation has determined where a number of federally funded charging stations should be deployed across the state as part of a plan to spend more than $100 million in bipartisan infrastructure law money on electric vehicle infrastructure.

July 12, 2022

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