Trucking Business News

About Business News...

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.

BusinessTechnologyEquipment

Bollinger Motors Shifts Focus to Medium-Duty Trucks

Bollinger Motors announced a postponement to its consumer-truck production and delivery.The electric vehicle manufacturer intends now to focus its efforts on commercial all-electric platforms and chassis cabs for commercial vehicles in Classes 3-6.

January 14, 2022
BusinessLogistics

December Retail Sales Slip After Record Holiday Season

NEW YORK — Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season. But figures released Jan. 14 show that after spending robustly early in the holiday season, consumers sharply slowed their purchases from November to December.

January 14, 2022
BusinessTechnologyEquipment

Geodis Announces Recent Promotions

Geodis is a global supply chain operator that offers supply chain optimization, freight forwarding, contract logistics, distribution and road transport.

January 14, 2022
BusinessTechnologyEquipmentSafetyFuel

Volvo Receives Recognition for Clean Air Technology

Volvo Group North America won an award for its clean air technology efforts, the company announced last month.

January 14, 2022
BusinessSafety

Thieves Raiding Rail Cargo Containers in Los Angeles

LOS ANGELES — Thieves have been raiding cargo containers aboard trains nearing downtown Los Angeles for months, taking packages belonging to people across the U.S. and leaving the tracks blanketed with discarded boxes.

January 14, 2022
BusinessTechnologyEquipment

Covenant Signs Letter of Intent for 50 Nikola Vehicles

Covenant Logistics Group is planning to add 50 zero-emission vehicles from Nikola Corp. to its fleet, the logistics company announced Jan. 11.

January 14, 2022
BusinessTechnologyEquipment

ZF Launches New Commercial Vehicle Solutions Division

ZF announced the launch of its new Commercial Vehicle Solutions division.

January 14, 2022
GovernmentBusinessTechnologyFuel

Nikola BEV Qualifies for CARB Voucher Incentives

Nikola Corp. announced its Nikola Tre battery-electric vehicle is eligible for the hybrid and zero-emission truck and bus voucher (HVIP) incentives from the California Air Resources Board.

January 14, 2022
GovernmentBusiness

Industrial Output Falls 0.1% Amid Supply Issues

WASHINGTON — U.S. industrial production fell 0.1% in December, the first decline since September, with manufacturers still struggling with snarled supply chains.

January 14, 2022
GovernmentBusinessFuel

Diesel Markets Are Soaring All Over the World

Diesel markets are jumping everywhere, a positive indicator for oil prices more widely.

January 14, 2022