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.

BusinessTechnologyEquipmentAutonomousBreaking News

Nikola, GM Strike Deal for Pickup Trucks, Batteries

General Motors Co. and Nikola Corp. on Sept. 8 announced a strategic partnership under which GM will build Nikola’s Badger pickup truck and also serve as a key supplier of fuel cell-electric technology for Nikola’s Class 7 and Class 8 trucks.

September 8, 2020
GovernmentBusinessLogistics

Trump Open to Inquiry Into DeJoy and Campaign Contributions

President Donald Trump says he’s open to an investigation of Postmaster General Louis DeJoy following published reports that former employees of DeJoy, a major donor to Trump and other Republicans, said they felt pressured to make campaign contributions to GOP candidates.

September 8, 2020
BusinessTechnology

COVID-19 Pushes Industry to Implement New Accounting, Bookkeeping Methods

COVID-19 has created challenges throughout the trucking industry, but it also has created opportunities, especially when it comes to fleets’ accounting processes.

September 8, 2020
BusinessTechnologyAutonomous

Yandex, Uber to Spin Off Self-Driving Cars Into New Company

Yandex NV and Uber Technologies Inc. will spin off the self-driving car unit of their joint venture into a separate company, giving Yandex more control over the businesses and paving the way for new investors.

September 4, 2020
BusinessLogistics

RLS Expands National Network With Gress Refrigerated Services

RLS Logistics took another step in growing its national network of cold storage providers Sept. 4 with the inclusion of Gress Refrigerated Services & Logistics.

September 4, 2020
GovernmentBusinessFuel

Oil Sinks With Equities on Wavering Hopes for Demand Pickup

Oil tumbled below $40 a barrel for the first time in a month, with a sell-off in equities and a stronger dollar exacerbating demand concerns as a lackluster summer driving season draws to a close.

September 4, 2020
BusinessTechnologyFuelAutonomous

Musk Test-Drives VW Electric Car in Meeting With CEO Diess

Before Tesla Inc. CEO Elon Musk returned to the U.S. after a three-day visit to Germany, he made a final stopover to meet with one of his biggest competitors — Volkswagen AG CEO Herbert Diess.

September 4, 2020
BusinessEquipment

American Trailer Rental Group Expands in Columbus, Ohio

American Trailer Rental Group announced it opened a First in Trailer Service location in Columbus, Ohio, citing economic expansion as well as the rich manufacturing and distribution history of the greater Columbus area.

September 4, 2020
GovernmentBusiness

Kansas DOT Opens Application Window for Cost Share Program

The Kansas Department of Transportation is accepting applications for its popular Cost Share Program, which provides funding for transportation projects.

September 4, 2020
BusinessTechnologyAutonomous

Tesla Rout Extends to Fourth Day, Longest Streak Since March

Tesla Inc. fell as much as 4.2% in early Sept. 4 trading, heading for its first four-day losing streak since pandemic fears were at their height in mid-March.

September 4, 2020