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.

BusinessTechnologyAutonomous

ATA Leader Chris Spear Doesn’t See Automation as Threat to Drivers

NASHVILLE, Tenn. — American Trucking Associations President Chris Spear said he doesn’t view the ongoing advancement of autonomous trucking as a threat to drivers, since economic factors will ensure demand for drivers for years to come.

June 3, 2022
GovernmentBusiness

US Added 390,000 Jobs in May as Hiring Remained Robust

WASHINGTON — U.S. employers added a healthy 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates.

June 3, 2022
BusinessLogistics

CSX Turns Away Freight as Railroad Struggles to Fill Jobs

CSX Corp. is turning away freight from customers, ceding cargo business to truckers, as the railroad struggles to hire workers, CEO Jim Foote said.

June 2, 2022
BusinessTechnologyEquipmentSafetyAutonomous

Futurist Outlines What Could Be Ahead for Driver Recruiting

NASHVILLE, Tenn. — Futurist Nikolas Badminton explored June 2 how the trucking industry could change in the years ahead and what that means when it comes to driver recruitment.

June 2, 2022
GovernmentBusiness

Congress Keeps Supply Chain, FY23 Bills on Summer Agenda

Enhancing connectivity along freight supply chains and considering fiscal 2023 funding legislation will dominate transportation policy debates when Congress returns June 6 after its Memorial Day recess.

June 2, 2022
GovernmentBusinessSafety

Buttigieg Kicks Off I-15 Project at Las Vegas Strip

Transportation Secretary Pete Buttigieg kicked off a construction project in Nevada that will upgrade an aging Interstate 15 interchange to improve travel for truckers and all drivers accessing the Las Vegas Strip.

June 2, 2022
BusinessTechnologyEquipmentFuel

Ford Plans to Add 6,200 Jobs in Ohio, Michigan, Missouri

DETROIT — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models.

June 2, 2022
GovernmentBusinessLogistics

World Events Redistribute Supply Chains

Trade disruptions from China’s lockdowns and the war in Ukraine are seen doing for Southeast Asia what the U.S.’s spat with Beijing couldn’t meaningfully do — redistribute supply chains.

June 2, 2022
BusinessTechnologyEquipment

Paccar Predicts Truck Market Stronger for Longer

Truck maker Paccar Inc. sees the traditional peak-to-peak cycle in the U.S. truck market smoothing amid the industry’s already strong orders backlog that has fleets still waiting to gain slots for 2023 to replace aging trucks that they have to run longer than usual.

June 2, 2022
BusinessTechnologyEquipment

Daimler Truck Says Chip Crunch Easing

Daimler Truck Holding AG sees promising signs of moving past the prolonged chip shortage that has beset manufacturers globally, the head of the company’s Mercedes truck brand said.

June 2, 2022

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