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.

BusinessTechnologyEquipmentFuel

Penske Truck Leasing Adds Core-Mark as EV Customer

Penske Truck Leasing announced longtime customer Core-Mark Holding Co. deployed one of Penske’s Class 8 battery-electric Freightliner eCascadias into its fleet.

August 3, 2020
BusinessEquipment

Meritor Names Hannah Lim-Johnson Chief Legal Officer

Meritor Inc. announced Hannah Lim-Johnson joined the company as chief legal officer.

August 3, 2020
BusinessTop 100

A. Duie Pyle Expands Integrated Distribution Center

A. Duie Pyle Inc. has expanded its Westfield, Mass., integrated distribution center.

August 3, 2020
BusinessTechnology

Lordstown Motors Goes Public Following Reverse Merger

Lordstown Motors Corp., the electric-truck startup that stepped in to save a shuttered General Motors Co. factory in Ohio, will be listed on the Nasdaq and gain an infusion of $675 million through a merger with a publicly traded funding vehicle.

August 3, 2020
GovernmentBusinessLogistics

Port Manatee Gains Approval for Expansion

Manatee County Port Authority approved a construction contract for an $8.3 million project to nearly double the size of Port Manatee’s dockside container yard.

August 3, 2020
BusinessTechnologyEquipmentSafety

Brake Suppliers Invest in Sensing Technology

Integrating braking systems with sensors and telematics can enable more timely maintenance, reduce unplanned downtime and optimize component life while supporting “brake health.â€

August 3, 2020
GovernmentBusinessSafetyLogistics

UPS Readies Freezer Farms to Store Virus Vaccine When Approved

UPS Inc. is building two giant freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine, preparing for the day when it will need to deliver the medicine at high speed across the globe.

August 3, 2020
GovernmentBusinessSafetyLogistics

Lawmakers Highlight Supply Chain Concerns Amid Pandemic

House lawmakers recently pointed to the need for enhancing the manufacturing environment for products and equipment to avoid future disruptions along supply chains affected during the coronavirus pandemic.

July 31, 2020
BusinessTechnologyFuel

Electric Car Startup Fisker Misses Deadline for Supply Deal With VW

Fisker Inc. missed a self-imposed deadline for a technology-sharing deal with Volkswagen AG that the electric-vehicle startup had described as key to cutting costs.

July 31, 2020
GovernmentBusinessFuel

Noble Corp. Files Bankruptcy to Erase $3.4 Billion of Debt

Offshore drilling contractor Noble Corp. filed for bankruptcy with a plan to cut more than $3.4 billion of debt.

July 31, 2020