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.

GovernmentBusinessTechnology

China’s COVID Lockdowns Could Threaten Half of Economy

Widespread lockdowns in China akin to the measures just taken in the southern technology hub of Shenzhen could affect half of the country’s gross domestic product, with negative implications for economies elsewhere too.

March 14, 2022
BusinessTechnologyEquipmentFuel

Ford to Partner on Battery Plant in Turkey

Ford’s Turkish partner will join forces with the U.S. automaker’s battery venture to build one of the world’s largest battery plants by 2025. Stocks rose.

March 14, 2022
BusinessTechnologyEquipmentSafety

Container Freight Rates Set to Rise on More China Lockdowns

The number of containerships waiting off Qingdao, one of China’s biggest ports, is continuing to rise as the country doubles down on its COVID Zero policy, adding more delays to a strained global supply chain.

March 14, 2022
GovernmentBusinessFuel

Biden’s Oil Demands Collide With Drillers Reining In Output

The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, leaving American consumers beset by surging gasoline costs.

March 11, 2022
BusinessTechnologyEquipment

Wait Times for Chip Deliveries Grow Again

The wait times for semiconductor deliveries rose again in February, a sign that shortages are continuing to bedevil chip buyers in a wide range of industries.

March 11, 2022
BusinessTechnologyEquipmentFuel

Experts Offer Advice on Spec'ing EVs for Fleets

ORLANDO, Fla. — Industry insiders offered a glimpse into what goes into spec’ing electric vehicles for commercial fleet operations during a panel session at the American Trucking Associations’ Technology & Maintenance Council’s 2022 Annual Meeting & Transportation Technology Exhibition March 8.

March 11, 2022
BusinessTechnologyEquipmentFuel

Allison Announces Transmissions for FCCC

Allison Transmission announced uprated variants of the Allison 1000 Series and 2000 Series transmissions will be integrated into Freightliner Custom Chassis Corp.’s new powertrain combination for its MT walk-in van chassis. FCCC is a unit of Daimler Truck North America.

March 11, 2022
GovernmentBusinessLogistics

US Slashes Russia Trade Status

WASHINGTON — President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

March 11, 2022
BusinessTechnologyEquipment

Fontaine Launches New Line of Fifth Wheels

Fontaine Fifth Wheel announced a new line of fifth wheels for heavy- and severe-duty applications, with mounting brackets available in a wide variety of sizes in both stationary and sliding configurations.

March 11, 2022
BusinessTechnologyEquipmentBreaking News

February Class 8 Sales Down 2.9%

U.S. Class 8 retail sales in February fell compared with a year earlier, and landed just below 15,000 to put most truck brands in negative territory, Wards Intelligence reported.

March 11, 2022