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.

BusinessLogisticsTCA

UPS, FedEx, USPS Holiday Shipping Deadlines Draw Near

Dec. 15 is the last day for ground delivery by Christmas with FedEx and USPS, while UPS recommends using its website to get an estimate. Here are other holiday shipping deadlines for the three major carriers.

December 14, 2021
BusinessTechnologyAutonomousTCA

Ford to Launch Food Program in Detroit Using Autonomous Shuttle

In a move aimed both at fulfilling a community need and advancing vehicle technologies considered a key part of its future, Ford Motor Co. is launching a fresh food delivery pilot in southwest Detroit using an autonomous vehicle shuttle.

December 14, 2021
BusinessEquipment

Medium-Duty Sales Spotty in November

U.S. retail sales in November of Classes 4-7 commercial vehicles revealed the two lighter segments propping up the medium-duty market, with overall sales in the segment rising 1.7% to 18,637 compared with 18,318 last year, WardsAuto .com reported.

December 14, 2021
BusinessTechnologyFuel

Proterra Announces Expansion Plans in South Carolina

Electric battery manufacturer Proterra on Dec. 14 announced it is expanding its overall production facilities, adding a new $76 million factory in Greer, S.C., that is expected to be operational in the second half of 2022.

December 14, 2021
GovernmentBusinessLogistics

Creation of Voting Trust Advances CP-KCS Deal

A railroad merger nearly derailed this year by a bidding war is moving forward ahead of a final say from regulators on Canadian Pacific’s $31 billion acquisition of Kansas City Southern railroad.

December 14, 2021
GovernmentBusinessSafety

House Bill Boosts Protections Against Staged Crashes

Legislation targeting staged vehicle collisions and fraudulent claims affecting the motor carrier industry was recently introduced in the U.S. House of Representatives.

December 14, 2021
BusinessTechnologyEquipmentSafety

Bluewire Aims to Save Carriers’ Reputations

A data-driven approach to reputation management that could help trucking companies counter plaintiffs’ attorneys’ attacks in trials involving crashes is under development.

December 14, 2021
GovernmentBusiness

Fed to Accelerate Withdrawal of Economic Aid as Prices Surge

WASHINGTON — Under Chair Jerome Powell, the Federal Reserve is poised this week to execute a sharp turn toward tighter interest rate policies with inflation accelerating and unemployment falling faster than expected.

December 14, 2021
GovernmentBusinessLogistics

Snarled Supply Chain Ignites Economic Boom Along US-Mexico Border

Near-shoring is one of the biggest economic transformations sparked by the pandemic: Shrink the length of the supply chain to keep production closer to its final destination and reduce the risk of some snag messing things up along the way.

December 14, 2021
GovernmentBusiness

Wholesale Inflation Jumps Record 9.6% Over Past 12 Months

WASHINGTON — Prices at the wholesale level surged by a record 9.6% in November from a year earlier, an indication of ongoing inflation pressures.

December 14, 2021

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