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.

BusinessEquipment

FleetPride Expands in Texas

FleetPride Inc. announced it acquired the assets of National Truck Repair of Longview, Texas.

August 23, 2021
BusinessTechnologyFuel

ADM, Marathon Partner on Renewable Diesel Venture

Marathon Petroleum Corp. and ADM announced plans to form a joint venture for the production of soybean oil to supply what they referred to as rapidly growing demand for renewable diesel fuel.

August 23, 2021
BusinessTechnologyFuel

GM Looking at LG to Pay for Battery Recall

The long-distance relationship between General Motors Co. and its battery partner, LG Energy Solution, is being tested like never before. At issue: who will pick up a roughly $1 billion tab for the recall of 73,000 Bolt EVs.

August 23, 2021
GovernmentBusinessSafety

Henri’s Remnants Hinder Cleanup, Threaten Inland Floods

The slow and sprawling storm system named Henri drenched much of the inland Northeast with rain Aug. 23, hampering cleanup efforts and threatening further flooding in areas with ground already saturated from a wet summer.

August 23, 2021
Business

Henri Blasts Ashore in New England

WESTERLY, R.I. — Tropical Storm Henri hit the coast of Rhode Island Aug. 22, packing high winds that knocked out power to tens of thousands of homes and bands of rain that led to flash flooding from New Jersey to Massachusetts.

August 22, 2021
Business

Evacuations Urged as Hurricane Henri Heads North

Preparations for a storm grew more urgent Aug. 21 as the newly upgraded Hurricane Henri closed in on the Northeast.

August 21, 2021
BusinessSafety

Arizona DOT, Willcox Team for Freight Study

The Arizona Department of Transportation is conducting a study regarding freight movement in the city of Willcox.

August 20, 2021
GovernmentBusinessSafety

Planning, Hydration Can Protect Truck Drivers During Heat Waves

As a series of extreme heat waves settled over large swaths of the country this summer, professional truck drivers were at times exposed to temperatures well over 100 degrees as they worked to deliver the nation’s freight.

August 20, 2021
BusinessEquipment

Mark Stuebe Named President of Jacobs Vehicle Systems

Jacobs Vehicle Systems announced it named Mark Stuebe president. He is a 30-year veteran in the commercial vehicle and industrial manufacturing industries.

August 20, 2021
BusinessTechnologyEquipmentFuel

Xos Is Latest Electric Truck Maker to Debut as Public Company

Los Angeles-based Xos Inc., which is developing fully electric Classes 5-8 commercial vehicles for last-mile service, announced the completion of its business combination with NextGen Acquisition Corp. The combined company will have the name Xos Inc. and its shares began trading Aug. 20 on the Nasdaq Capital Market under the symbol XOS.

August 20, 2021