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

Orange EV to Launch Electric Yard Truck for Ports

LONG BEACH, Calif. — After targeting warehouses and distribution centers with its electric yard truck, Orange EV has its eyes on the nation’s ports.

September 14, 2021
BusinessTechnologyEquipmentSafety

Sensata Stresses Radar, Telematics After Acquisitions

CLEVELAND — Sensata Technologies discussed its business outlook and progress in the wake of its acquisitions of Xirgo Technologies and PRECO Electronics during a Sept. 12 press event.

September 13, 2021
BusinessTechnologyEquipment

TSE Brakes Launches TSE-Sense Smart Air Brake Actuator

CLEVELAND — Brake actuator and adjuster manufacturer TSE Brakes Inc., announced on Sept. 12 the launch of its TSE-Sense smart air brake actuator during American Trucking Associations’ 2021 Technology & Maintenance Council Fall Meeting and Transportation Technology Exhibition.

September 13, 2021
BusinessTechnologyEquipment

Doleco USA Unveils New LayerLok Double-Decking Systems

CLEVELAND — Securing technology provider Doleco USA introduced the new LayerLok XP, AF and SC double-decking systems at American Trucking Associations’ 2021 Technology & Maintenance Council Fall Meeting and Transportation Technology Exhibition.

September 13, 2021
BusinessEquipmentBreaking News

August Class 8 Retail Sales Rise 2.8% Year-Over-Year

U.S. Class 8 retail sales in August inched slightly higher as truck makers posted mixed results compared with a year earlier, WardsAuto .com reported.

September 13, 2021
GovernmentBusinessFuelTCA

Democrats Unveil New EV Tax Credit Proposal

WASHINGTON — Democrats in Washington want to include a significant new incentive to buy electric vehicles in their $3.5 trillion social spending bill, according to a new plan revealed by the House Ways and Means Committee.

September 13, 2021
BusinessTechnologySafetyAutonomous

Qualcomm Said to Place Binding Bid for Veoneer

Qualcomm Inc. has made a formal bid to buy automotive technology company Veoneer Inc. for more than $4 billion, beating a previous offer from Magna International Inc., according to people familiar with the matter.

September 13, 2021
BusinessTechnologyEquipmentSafety

TMC to Fund Study of Refrigerated Carriers

CLEVELAND — The Technology & Maintenance Council of American Trucking Associations will fund a study of refrigerated carriers with an emphasis on how they manage food safety with new technology and related maintenance implications.

September 13, 2021
BusinessLogistics

TCI Opens Proxy Fight With CN to Oust CEO Ruest

One of Canadian National Railway Co.’s largest shareholders formally started a proxy fight to replace the company’s leader and some board members, arguing that their failed attempt to buy Kansas City Southern for $30 billion demonstrated “flawed decision making.â€

September 13, 2021
BusinessTechnology

Walmart Denies Litecoin Pact After Hoax Jolts Crypto Market

Walmart Inc. said it hasn’t agreed to partner with Litecoin, refuting a statement earlier Sept. 13 that sent the cryptocurrency soaring.

September 13, 2021