Trucking Business News

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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.

GovernmentBusinessTechnologyEquipment

WattEV Plans Solar-Powered Truck Stop

LONG BEACH, Calif. — WattEV Inc. is set to receive a $5 million grant from the California Energy Commission to build the state’s first solar-powered truck stop dedicated to heavy-duty electric trucks.

September 7, 2021
BusinessTechnologyEquipmentFuel

Run on Less — Electric Now on the Road

LONG BEACH, Calif. — The North American Council for Freight Efficiency, in partnership with RMI, provided an update on Run on Less — Electric, a three-week real-world demonstration with 13 vehicles performing zero-emission goods movement, during ACT Expo.

September 7, 2021
BusinessTechnologyEquipmentFuel

Hyliion Updates Hybrid eX Powertrain

LONG BEACH, Calif. — Hyliion Holdings Corp. announced an updated version of its Hybrid eX powertrain and is expected to begin shipping units in the latter part of 2021.

September 7, 2021
BusinessLogistics

CN’s Largest Shareholder Wants CEO Ruest Out

One of the largest shareholders in Canadian National Railway Co. said it’s prepared to launch a proxy fight to replace the company’s leader as the $30 billion deal to buy Kansas City Southern faces possible collapse.

September 7, 2021
BusinessTechnologyEquipmentFuel

Allison to Supply E-Axles to Hino

LONG BEACH, Calif. — Allison Transmission Inc. announced its selection by Hino Trucks as its e-axle development partner for Classes 6-8 battery-electric trucks.

September 7, 2021
BusinessTechnologyEquipment

3G Cellular Network Sunsetting Raises Concerns in Trucking

While the timing is expected to vary, many wireless cellular providers plan to phase out or “sunset” their remaining 2G and existing 3G networks early next year, according to the Federal Communications Commission.

September 7, 2021
BusinessEquipment

Labor Shortage Leaves Union Workers Feeling More Emboldened

With help wanted signs at factories and businesses spreading across the nation, union workers are seizing the opportunity to try to recover some of the bargaining power — and financial security — they feel they lost in recent decades as unions shrank in size and influence.

September 7, 2021
BusinessTechnologyFuel

Toyota Spends $13.7 Billion to Secure EV Battery Supplies

Toyota Motor Corp. plans to spend $13.7 billion on the supply and development of batteries for hybrid and electric vehicles by 2030, joining other global automakers boosting investments in anticipation of greater demand.

September 7, 2021
GovernmentBusinessFuel

Industry Group Backs Global Carbon Surcharge for Large Ships

BERLIN — The International Chamber of Shipping on Sept. 7 backed plans for a global surcharge on carbon emissions from shipping to help fund the sector’s shift toward climate-friendly fuels.

September 7, 2021
GovernmentBusinessSafety

Lawmakers Say Ida Damage Shows Need for Infrastructure Upgrades

WASHINGTON — Shaken by haunting images of surging rivers, flooded roads and subways and other damage caused by the remnants of Hurricane Ida, lawmakers from both parties are vowing to upgrade the nation’s aging infrastructure network.

September 7, 2021