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

Hino Turns to Cummins Diesel Engines for US, Canada

Hino Trucks announced it intends to produce model year 2022 Classes 6-8 trucks for the United States and Canada equipped exclusively with diesel engines from Cummins Inc.

March 16, 2021
BusinessTechnologyEquipmentFuel

VW Shares Soar on Plans to Beat Tesla

Volkswagen AG shares surged the most since a historic short squeeze a dozen years ago after back-to-back days of briefings on how it plans to supplant Tesla Inc. as the global electric vehicle leader.

March 16, 2021
BusinessEquipment

Navistar Launches Aftermarket Line for Classes 2-5 Diesel Engines

Navistar International Corp. introduced aftermarket product line Diamond Advantage to provide parts for Class 2-5 diesel engines and engine components.

March 16, 2021
GovernmentBusinessSafety

Wisconsin DOT Issues Funds to Support County Forest Roads

The Wisconsin Department of Transportation recently distributed funds to improve public roads that run through county forests.

March 16, 2021
BusinessEquipment

Trail King Expands Dealer Network

Trailer manufacturer Trail King Industries announced the addition of two new dealers to its network.

March 16, 2021
GovernmentBusiness

Icy Weather Sends Industrial Production Down 2.2% in February

WASHINGTON — Severe winter weather pushed industrial production down a sharp 2.2% in February, reflecting a big decline in factory output.

March 16, 2021
BusinessTechnology

Continental Bets on Automated-Driving Growth in Unit Overhaul

Continental AG will create a dedicated unit for its self-driving technology as the German automotive supplier hopes to benefit from rising sales for electric cars filled with electronic gadgetry.

March 16, 2021
GovernmentBusinessTechnologyAutonomous

Ford Partners With University of Michigan on Robotics

A grand opening was held March 16 for the four-story, $75 million, 134,000-square-foot Ford Motor Co. Robotics Building at the University of Michigan.

March 16, 2021
BusinessTechnologyFuel

Foxconn Mulls Making EVs at Wisconsin Plant

TAIPEI, Taiwan — Foxconn Technology Group, the world’s largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company’s chairman said March 16.

March 16, 2021
BusinessTechnologyFuelAutonomous

Electric Last Mile Gets 45,000 Van Orders Amid E-Commerce Boom

Electric Last Mile Inc., the plug-in delivery van startup that’s in the process of merging with blank check company Forum Merger III Corp., said it has 45,000 preorders and will start production at the former Hummer plant in Indiana in the third quarter.

March 16, 2021