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.

BusinessLogistics

Canadian Pacific Railway Starts Bond Sale for KC Southern Deal

Canadian Pacific Railway Ltd. is tapping the U.S. investment-grade bond market to help fund its acquisition of Kansas City Southern.

November 17, 2021
GovernmentBusinessSafety

Cincinnati Court Chosen to Consider Biden Vaccine Mandate

Challenges to President Joe Biden鈥檚 COVID-19 vaccine mandate for private employers will be consolidated in the U.S. 6th Circuit Court of Appeals.

November 16, 2021
GovernmentBusinessFuel

Tapping US Oil Reserve Would Have 鈥楽hort-Lived鈥 Impact, EIA Says

Releasing oil from the U.S. government鈥檚 strategic reserve would have a 鈥渟hort-lived鈥 impact on soaring fuel prices, according to the U.S. Energy Information Administration.

November 16, 2021
GovernmentBusinessSafety

Analyzing the Industry's Most Critical Concerns

At the American Trucking Associations' 2021 Management Conference & Exhibition, the American Transportation Research Institute (ATRI) released their annual report "Critical Issues in the Trucking Industry." For the fifth year in a row, the driver shortage led the list of top industry concerns.

November 16, 2021
BusinessEquipment

FleetPride Adds 29th Location in Texas

FleetPride Inc. announced it acquired the assets of Jim鈥檚 Truck & Trailer Equipment in Wichita Falls, Texas.

November 16, 2021
GovernmentBusinessTechnologyEquipmentFuel

October Classes 4-7 Sales Stall

U.S. retail sales in October of Class 4 through Class 7 medium-duty commercial vehicles were almost flat compared with a year earlier at just above 21,000, WardsAuto .com reported.

November 16, 2021
BusinessTechnologyFuel

Rivian Leaps Past Volkswagen鈥檚 Valuation Amid EV Mania

A searing five-day rally in the shares of Rivian Automotive Inc. has led the electric truck startup to more than double in value since last week鈥檚 trading debut, with its market capitalization now surpassing Volkswagen AG.

November 16, 2021
GovernmentBusiness

Factory Output Rises More Than Forecast

Production at U.S. factories rose in October by more than forecast, bouncing back from the effects of Hurricane Ida and suggesting manufacturers are having a better time addressing materials shortages.

November 16, 2021
GovernmentBusiness

Retail Sales Jump by Most Since March, Topping Forecasts

U.S. retail sales rose in October for a third month, signaling households continue to spend even with the fastest inflation in decades.

November 16, 2021
BusinessLogistics

91视频 Depot Sales Gain Shows Americans Keep Fixing Up Houses

91视频 Depot Inc. posted stronger-than-expected results in the third quarter, a sign that increased North American spending on home improvement continues to stretch through the pandemic.

November 16, 2021

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