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.

GovernmentBusinessSafety

Small Businesses Mull Job Cuts After Aid Runs Out

At least 1 in 10 small businesses in the U.S. are expecting to lay off workers once their fiscal relief funds run out, according to a new survey.

June 23, 2020
Business

Volvo Financial Services Names Patrick Shannon President of North America Region

Volvo Financial Services, a unit of Volvo Group, appointed Patrick Shannon president of the company’s North America region.

June 23, 2020
BusinessTechnologyEquipmentFuel

Thermo King Launches Advancer Series

Thermo King announced the launch of the Advancer series, which it called “a re-imagining†of the trailer refrigeration unit.

June 23, 2020
GovernmentBusinessTechnologyEquipmentFuelLogistics

West Coast Utilities Offer Plan for Charging Stations Along Interstate 5

Several West Coast electric utilities proposed a phased-in approach to electrifying Interstate 5 in an effort to reduce commercial vehicle emissions along the major freight corridor.

June 23, 2020
GovernmentBusinessTechnologyFuel

Tesla Pitches 5,000 ‘Middle-Skill’ Factory Jobs to Texas County

Executives from Tesla Inc. will use an unassuming job-type description in their pitch to a Texas county on the merits of the carmaker’s Cybertruck plant project.

June 23, 2020
BusinessLogisticsBreaking News

May Tonnage Falls 9.6% Year-Over-Year

Truck tonnage in May declined 9.6% compared with year-ago levels, the steepest seasonally adjusted year-over-year percentage drop since a 10.7% decline in June 2009, American Trucking Associations reported.

June 23, 2020
BusinessTechnologyFuelLogistics

Amazon’s Carbon Footprint Grows 15% Despite Green Pledges

Amazon said June 23 that its carbon footprint rose 15% last year, even as it launched initiatives to reduce its harm on the environment.

June 23, 2020
BusinessTechnologyFuel

Electric Car Charging Stations Are Finally About to Take Off

It may be the coronavirus pandemic that finally breaks the stalemate.

June 23, 2020
GovernmentBusinessTechnologyFuelLogistics

Advocates of Hydrogen Fuel Are Primed for Global Markets

The CEO of Nel ASA, a Norwegian company founded in 1927 and the largest manufacturer of electrolyzer technology that produces hydrogen from water, said Nel is ready to “cut and paste†its manufacturing approach in locations around the world as interest in the alternative fuel climbs.

June 23, 2020
GovernmentBusinessFuel

Diesel Rises 2.2¢ to $2.425 as Demand Begins to Increase

The national average retail price of diesel rose for the third consecutive week, 2.2 cents to $2.425 a gallon, according to data the Energy Information Administration released June 22.

June 22, 2020