XPO Logistics Inc. is considering a sale of its freight-forwarding unit as it continues to pursue divestitures, according to people with knowledge of the matter.
May 13, 2022Latest Articles
Government, Business, Technology 
Transport Topics Collects Three National Azbee Awards
Transport Topics has received three national awards from the American Society of Business Publication Editors, honoring TT’s “Wheels of Justice” series for the second year in a row.
May 13, 2022 Equipment, Safety 
Qualifying for Nationals Requires Well-Rounded Performance, Chairman Says
There’s more to a state qualifier than showcasing one’s safety driving skills in a bid to advance to the National Truck Driving Championships.
May 13, 2022 Business, Equipment 
Trailer Orders Tumble to Year’s Low Point
U.S. trailer orders in April rose slightly compared with 2021, but plunged compared with March to settle at the lowest point since October, ACT Research reported, citing trailer makers’ preliminary data.
May 13, 2022 Business, Logistics 
Bill Gates Sells $940 Million of CN Rail Stock
Bill Gates sold about $940 million of Canadian National Railway Co. shares, trimming one of the largest holdings of the investment firm that controls his $117 billion personal fortune.
May 13, 2022 Government, Business, Fuel 
Diesel, Gas Refining Capacity Too Low to Meet Demand
From record gasoline prices to higher airfares to fears of diesel rationing ahead, America’s runaway energy market is disquieting both U.S. travelers and the wider economy. But the chief driver isn’t high crude prices or even the rebound in demand: It’s simply too few refineries turning oil into...
May 13, 2022 Government, Safety 
States Await Details on Seven Elements Added to Freight Plans
Details are emerging about seven new elements mandated under the White House’s infrastructure act that states must include in their comprehensive freight plans.
May 13, 2022 Business, Logistics 
Ryder Gets $4.4 Billion Takeover Offer From HG Vora
Ryder System Inc. shares jumped after HG Vora Capital Management offered to buy the trucking company in a deal valued at about $4.4 billion.
May 13, 2022 Government, Business 
Mass. Bill to Repeal Rolling Stock Tax Would Aid Trucking Firms
A bill introduced in the Massachusetts Legislature aims to eliminate a tax on vehicles owned by motor carriers in the state.
May 13, 2022 Government, Business, Technology, Fuel 
Hyundai Expected to Announce $7 Billion EV Plant in Georgia
ATLANTA — South Korean automaker Hyundai Motor Group is expected to announce next week that it is building an electric vehicle plant near Savannah, Ga., according to a U.S. official familiar with the anticipated announcement.
May 13, 2022 Business, Logistics, For-Hire, TCA 
U.S. Xpress Cuts 70 Corporate, IT Jobs
After reporting a first-quarter loss of more than $8.9 million May 5, U.S. Xpress Enterprises confirmed May 12 it laid off about 70 of its corporate and information technology staff in response to less-than-anticipated growth in the company’s trucking business.
May 13, 2022 Business 
Transport Topics Radio
Transport Topics Radio is a weekly news roundtable airing Saturdays on SiriusXM channel 146 from 1-3 p.m. ET and rebroadcast Saturday nights from 11 p.m.-1 a.m. ET, and Sundays from noon-2 p.m. ET and 9-11 p.m. ET. Check out this week's lineup.
May 13, 2022 Business, Technology, Equipment 
Bridgestone Introduces New Tire Tread With Improved Wear Life
Bridgestone Americas announced the launch of a new drive tire tread that is engineered to increase retread value for fleets.
May 12, 2022 Business 
Instacart CEO Courts Investors, Skeptics Ahead of IPO
Instacart Inc., a 10-year-old grocery delivery startup that was once one of the most highly valued of its gig-economy generation, is preparing to go public. CEO Fidji Simo now must convince investors that Instacart’s explosive growth during the COVID-19 lockdowns won’t fade along with the virus.
May 12, 2022 Government, Business, Technology, Fuel, Autonomous 
More Steps Needed to Reach Zero-Emission Future, Executives Say
LONG BEACH, Calif. — Top executives at some of the largest companies in trucking said many factors must come together before the industry can fully advance toward a zero-emission future.
May 12, 2022 Government, Business, Technology, Equipment, Logistics 
Congress Kicks Off Final Negotiations on Supply Chain, Semiconductor Bill
Congressional policymakers formally kicked off negotiations on comprehensive legislation meant to facilitate domestic production of semiconductors and improve the movement of freight at ports.
May 12, 2022 Business, Logistics, For-Hire 
Trucking Continues to See Robust M&A Market
Trucking and logistics continue to see strong merger and acquisition activity, a trend that goes back more than a year.
May 12, 2022 Business, Technology, Equipment, Autonomous 
Developers Take Varied Paths to Autonomous Trucking
LONG BEACH, Calif. — Autonomous trucking is branching into multiple approaches and each has a different route to commercialization.
May 12, 2022 Government, Business, Safety 
Are Drivers Quitting After Positive Marijuana Tests?
The legalization of marijuana in several states and the post-pandemic economy have left the trucking industry with a bit of a perplexing, yet-to-be-solved mystery.
May 12, 2022 Government, Business, Fuel 
Ban on ‘Excessive’ Gas Prices Heading for House Vote
The U.S. president would have the authority to declare an emergency that would make the sale of gasoline at “excessive” prices illegal under legislation House Democrats plan to bring to the floor next week.
May 12, 2022