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.

GovernmentBusinessTechnologyFuel

Rocky Mountain States to Team Up on Hydrogen Tech Proposal

CHEYENNE, Wyo. — Four Rocky Mountain states will cooperate on developing ways to make the most abundant element in the universe, hydrogen, more available and useful as clean-burning fuel for cars, trucks and trains, the states’ governors announced Feb. 24.

February 25, 2022
GovernmentBusinessLogistics

Biden Hits Russia With Sanctions, Says Putin ‘Chose’ War

President Joe Biden ordered broad new sanctions targeting Russia on Feb. 24 after its invasion of Ukraine, declaring that Russian leader Vladimir Putin “chose this war†and his country will bear the consequences.

February 24, 2022
BusinessTechnologyFuel

Hyliion Posts First-Ever Revenue in Q4

Hyliion Holdings Corp. reported a fourth-quarter net loss and modest first-time revenue as its work on providing electrified powertrains for Class 8 trucks continued.

February 24, 2022
GovernmentBusinessSafety

Biden Promotes Social Infrastructure

At his State of the Union on March 1, President Joe Biden is expected to promote aspects of a nearly $2 trillion social infrastructure budget that dominated Democrats’ agenda last year.

February 24, 2022
GovernmentBusiness

Safety in Numbers: NTSB's Jennifer °®¶¹´«Ã½ndy

After Utah lowered the legal limit for blood-alcohol concentration in drivers to 0.05, the number of alcohol-related fatalities dropped by about 20% and the National Transportation Safety Board (NTSB) is now recommending other states follow suit.

February 24, 2022
GovernmentBusiness

Workforce Boards Offer Funds for Driver Training

A pair of Oregon trucking executives are on a mission to encourage motor carriers to follow their lead and join obscure local entities called workforce boards, which over the years have quietly distributed millions of dollars to train an array of skilled and unskilled workers, including truck drivers.

February 24, 2022
GovernmentBusinessSafetyLogistics

ATA, OOIDA Urge Buttigieg to Commit Funds to Truck Parking

Transportation Secretary Pete Buttigieg is being urged to prioritize infrastructure funds to boost the nation’s truck parking capacity.

February 24, 2022
GovernmentBusinessTechnologySafetyFuelAutonomous

TMC to Tackle Electrification in First Annual Meeting Since 2020

American Trucking Associations’ Technology & Maintenance Council plans to focus its annual meeting on electrifying performance in maintenance management.

February 24, 2022
BusinessTechnologyFuel

Nikola Projects Delivering 300 to 500 Electric Trucks This Year

Nikola Corp. said it will start full-scale output of battery-electric trucks next month and deliver between 300 and 500 of the big rigs to customers this year. Its shares rose despite a slump in the broader market.

February 24, 2022
GovernmentBusinessTechnologySafety

3G Sunset Taking Some Devices Offline

Cellular service providers are shutting down their 3G networks this year, a shift that could impact legacy wireless systems that some fleets are still using, experts said.

February 24, 2022