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

Intel Says It Will Buy Tower Semiconductor for $5.4 Billion

SANTA CLARA, Calif. — Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

February 15, 2022
BusinessTechnologyEquipmentAutonomous

Elon Musk Donated $5.7 Billion of Tesla Shares to Charity

Elon Musk gifted almost $6 billion worth of Tesla Inc. stock to charity late last year in one of the largest philanthropic donations in history.

February 15, 2022
GovernmentBusinessTechnologyEquipment

Toyota North America Plant Disruptions Drag Into Second Week

Toyota Motor Corp.’s North America operations continue to be disrupted after protests closed off the Ambassador Bridge linking the U.S. and Canada, hurting production at several of the automaker’s plants in the region.

February 15, 2022
BusinessTechnologyEquipment

Kenworth Debuts 18-Speed Transmission Lineup

Kenworth has developed a new 18-speed automated transmission, offering a version for heavy Class 8 trucking and some off-highway uses.

February 15, 2022
BusinessTechnology

Digital Presence Plays Vital Role in Recruiting, Survey Shows

Digital technologies are playing an increasingly pivotal role in terms of finding and keeping drivers, according to a report Feb. 14.

February 15, 2022
BusinessTechnologyEquipment

REPLAY: En(Gauge) - Equipment & Maintenance Sessions

If you want to better understand current conversations in equipment and maintenance — from HVAC maintenance and trailer exemption rules to recruiting and retaining diesel technicians — then join us at En(Gauge)!

February 15, 2022
BusinessTechnologyAutonomous

Baidu’s Self-Driving Vehicles Take a Turn With Olympics Showcase

The 2022 Winter Olympics in Beijing promised another big opportunity for autonomous vehicle testing in a real-world situation, this time in vehicles made by one of China’s biggest technology companies, Baidu.

February 15, 2022
BusinessEquipmentLogistics

Maersk Chairman to Leave Board as Family Member Takes Over

A.P. Moller-Maersk A/S’s chairman, Jim Hagemann Snabe, is leaving his position to pave the way for a Maersk family member to take over the job of overseeing the Danish shipping giant.

February 15, 2022
BusinessTechnologyEquipment

Peterbilt Announces New 18-Speed Transmission

MARSHALL, Mich. — A new, 18-speed automated transmission that will soon be available from Peterbilt Motors Co. can be spec’d for both on- and off-highway uses and with calibrations tailored to customer needs, the company announced.

February 15, 2022
BusinessTechnologyEquipment

January Medium-Duty Sales Falter

U.S. retail sales of Classes 4-7 commercial vehicles in January fell 14.3% compared with a year earlier as all segments declined, Wards Intelligence reported.

February 14, 2022