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.

GovernmentBusinessFuel

Oil Executives Urge Biden to Unleash Shale

The chorus is growing from America’s oil executives for President Joe Biden to throw the federal government’s weight behind an industry he once deliberately shunned: U.S. shale.

March 4, 2022
BusinessTechnologyEquipment

How Fleets Are Winning the Race to Hire Drivers

Motor carriers are implementing technologies designed to streamline the online recruiting and onboarding process so they can keep in touch with qualified drivers and ultimately hire more of them.

March 4, 2022
BusinessLogisticsTop 100

FedEx Suspends All Service in Russia, Belarus

FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine.

March 4, 2022
GovernmentBusiness

US Added Robust 678,000 Jobs in February

WASHINGTON — U.S. employers added a robust 678,000 jobs in February, another gain that underscored the economy’s solid health as the omicron wave fades and more Americans venture out to spend at restaurants, shops and hotels despite surging inflation.

March 4, 2022
BusinessTop 100TCA

Albertsons Might Explore Selling Its Grocery Chains

Albertsons Cos. may be looking to unload some of its nearly two dozen grocery chains as the company launches a review of its business strategy, analysts said.

March 4, 2022
BusinessTechnologyFuelAutonomous

Honda, Sony Join Forces on New Electric Vehicle

Sony Group Corp. and Honda Motor Co. agreed to establish a joint venture this year to start selling an electric vehicle by 2025, both sides said March 4.

March 4, 2022
BusinessTechnology

High-Tech Recruiting Battles

Professional drivers are any trucking company’s greatest asset. That’s true regardless of market conditions, but it becomes especially clear when the recruiting pipeline begins to run dry.

March 4, 2022
GovernmentBusinessTechnologyEquipmentSafety

GM Loses Bid to Skip Recall for Lights That Are Too Bright

DETROIT — General Motors has lost a bid to avoid recalling about 727,000 small SUVs in the U.S. with headlight beams that can be too bright and cause glare for oncoming drivers.

March 4, 2022
BusinessTechnologyEquipmentSafety

Trucking Technology Q&A: Yellow's Jason Ringgenberg

Jason Ringgenberg joined Yellow Corp. in 2014 after more than 20 years at technology and consulting firm Accenture, where he worked with several commercial transportation clients across multiple modes, including less-than-truckload, parcel and rail. He is now Yellow's chief information officer.

March 4, 2022
GovernmentBusinessFuel

California Pump Prices Hit Records

California, already paying record prices for motor fuel, is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in the wake of Russia’s invasion of Ukraine.

March 3, 2022

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