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.

Business

Reduce Tolling Headaches with INFORM Tolling

Solve the challenges of toll invoices with INFORM Tolling from PrePass! Read this new guide and learn how this easy-to-use tolling software provides tools to: identify areas for toll savings, streamline toll disputes, manage violations, prevent fraud and more!

March 1, 2022
Business

Recruit a 鈥淣ew鈥 Segment of Drivers to Take on the Driver Shortage

The trucking industry is standing at a crossroads. Between the driver shortage and the challenges in recruitment and retention, this guide gets to the heart of the problem.聽You鈥檒l learn shocking statistics around driver health, how it鈥檚 feeding the driver shortage, and a new pool of drivers to recruit from.聽聽

March 1, 2022
BusinessEquipment

Safe and Reliable Battery Systems for Electric Trucks

BYD electric trucks are hard at work across North America, moving freight at ports and railyards, making deliveries, and collecting refuse. BYD trucks are environmentally friendly with zero harmful emissions while also providing the reliability and performance you need. Our truck鈥檚 safe and reliable battery technology improve your bottom line with lower fuel and maintenance costs.聽

March 1, 2022
BusinessTechnologyEquipment

January Class 8 Retail Prices for Used Trucks Soar to New High

January鈥檚 average retail sales price for a used Class 8 truck burst past $88,000 to set a new monthly record and post an 83.2% gain compared with a year earlier, ACT Research reported.

March 1, 2022
BusinessLogisticsTCA

Funds Sought for Companion Span to Brent Spence Bridge

Kentucky and Ohio Govs. Andy Beshear and Mike DeWine announced their plans to jointly request up to $2 billion in federal funding for the Brent Spence Bridge Corridor Project at a press conference in Covington, Ky., on Feb. 28.

March 1, 2022
Business

TCW Transportation 100% Employee-Owned

TCW Transportation is now 100% employee-owned. Officials on Feb. 28 announced that the Nashville, Tenn., company founded in 1948 completed the Employee Stock Ownership Plan on Jan. 1.

March 1, 2022
BusinessFuelLogistics

Workhorse to Retire Troubled Flagship Electric Delivery Van

Workhorse Group Inc. plans to kill its flagship electric delivery van after a recall last year, turning instead to two new models after what its CEO called a 鈥渃ostly misstep.鈥

March 1, 2022
GovernmentBusinessFuel

Nations Agree to Release 60 Million Barrels of Oil

FRANKFURT, Germany 鈥 The International Energy Agency鈥檚 31 member countries agreed March 1 to release 60 million barrels of oil from their strategic reserves 鈥 half of that from the United States 鈥 鈥渢o send a strong message to oil markets鈥 that supplies won鈥檛 fall short after the Russian invasion of Ukraine.

March 1, 2022
GovernmentBusinessLogistics

DOT Report Offers Ideas to Ease Supply Chain Disruptions

A Department of Transportation assessment of U.S. supply chain disruptions calls for new policies and utilizing funding resources contained in the bipartisan infrastructure law for such solutions as expanding truck parking and improving warehouse capabilities.

March 1, 2022
BusinessSafetyLogistics

Burnt Ship Carrying Porsches, Lamborghinis Sinks in Rough Seas

The cargo ship that caught fire in the Atlantic while transporting about 4,000 Volkswagen AG vehicles to the U.S. has sunk despite efforts to tow it to safety.

March 1, 2022