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.

BusinessTechnologySafetyAutonomous

Mercedes Beats Tesla to Hands-Free Driving on the Autobahn

Daimler AG’s Mercedes-Benz won regulatory approval to deploy a hands-free driving system in Germany ahead of Tesla Inc., gaining an edge in the race to offer higher levels of automation in one of the world’s most competitive car markets.

December 9, 2021
GovernmentBusiness

Jobless Claims Decline to Lowest Level Since 1969

Applications for U.S. state unemployment benefits declined last week to the lowest level since 1969, illustrating difficulties adjusting the raw data for seasonal effects.

December 9, 2021
GovernmentBusinessTechnologyEquipment

November Class 8 Orders Tumble in Historic Fall

A rosy supply chain arriving this holiday season to release handcuffed truck makers and reward fleets awaiting new trucks would certainly be a great gift to the industry — well, maybe next year.

December 9, 2021
GovernmentBusinessSafety

Senate Resolution Rejects Vaccine Mandate for Private Employers

WASHINGTON — The Senate narrowly approved a resolution Dec. 8 to nullify the Biden administration’s requirement that businesses with 100 or more workers have their employees be vaccinated against the coronavirus or submit to weekly testing.

December 8, 2021
GovernmentBusinessLogistics

Senate Panel Examines Supply Chain Disruptions

WASHINGTON — To help alleviate ongoing supply chain woes, a senior transportation policymaker in the U.S. Senate suggested federal agencies as well as industries look to ports along the Great Lakes.

December 8, 2021
Business

Canadian Pacific Shareholders Back Purchase of Kansas City Southern

Canadian Pacific’s $31 billion plan to acquire Kansas City Southern cleared one of its final hurdles Dec. 8 when CP shareholders overwhelmingly approved the deal that would create the first railroad connecting the United States, Canada and Mexico.

December 8, 2021
GovernmentBusinessLogistics

Border Congestion Feared as Vaccination Requirements Change in January

The flow of freight between the United States and its neighbors Canada and Mexico could slow beginning in January, as all three countries adopt more stringent COVID-19 vaccine requirements for cross-border truck traffic.

December 8, 2021
BusinessTechnologyEquipment

Meritor Forecasts Electrification Will Bring $1.5 Billion in Revenue by 2030

Meritor Inc. announced several new business awards that expand its role in vehicle electrification, including the medium-duty segment, and broaden its global reach to offset the cyclical North American truck market, its largest customer base.

December 8, 2021
GovernmentBusiness

Businesses Advertise Near-Record 11 Million Open Jobs

U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand.

December 8, 2021
BusinessLogistics

Trucking Reports Busy Black Friday Weekend

Black Friday weekend was particularly busy for the trucking industry with strong demand coming from retailers and supply chain issues.

December 8, 2021

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