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

Paccar Parts Opens Distribution Center in Las Vegas

Paccar Parts announced it opened a 250,000-square-foot parts distribution center in Las Vegas.

June 2, 2020
GovernmentBusinessLogistics

Rise in Rail Shipments a Sign of Rebound in Canada

One of Canada’s railways is seeing signs the economy is slowly bouncing back from the coronavirus pandemic.

June 2, 2020
GovernmentBusiness

Senate Panel to Meet for Infrastructure Discussion June 4

Senators on the committee responsible for highway policy are scheduled to meet June 4 to review infrastructure concerns with the mayor of Louisville, Ky., and other stakeholders.

June 2, 2020
BusinessTechnologyAutonomous

Self-Driving Startup Argo Completes $2.6 Billion Tie-Up With VW

Argo AI, the self-driving startup tightly aligned with Ford Motor Co., completed an expected tie-up with Volkswagen AG involving a $2.6 billion investment from the German automaker.

June 2, 2020
BusinessTechnologyEquipmentSafety

Truck Financiers Offer Flexibility During Pandemic

Like many other carriers, Bowerman Trucking in Searcy, Ark., has experienced challenges during the COVID-19 pandemic, but one group has made things easier: its creditors.

June 2, 2020
GovernmentBusinessSafety

Nebraska DOT Nears Construction of Fremont Beltway Project

Nebraska Department of Transportation officials announced they have secured a construction schedule for a major beltway project with the help of financial support from local representatives.

June 2, 2020
BusinessTechnologyAutonomous

ZF Forms New Division After Closing Wabco Acquisition

ZF Friedrichshafen AG has completed the acquisition of commercial vehicle technology supplier Wabco Holdings Inc., which will become ZF’s commercial-vehicle control systems division.

June 2, 2020
BusinessEquipment

SelecTrucks Adds Phoenix-Area Location

SelecTrucks announced it added SelecTrucks of Phoenix, a Velocity Truck Centers dealership, as the 28th location in its network.

June 1, 2020
GovernmentBusinessFuel

Diesel Gives Back Increase, Falls 0.4¢ to $2.386

The nationwide average price of a gallon of diesel fell 0.4 cents to $2.386, erasing the same increase from a week earlier, according to the Energy Information Administration.

June 1, 2020
BusinessTechnologyEquipmentSafety

Konexial Announces Digital Trailer Lock

Konexial announced its My20 Locking System, a keyless, high-security digital smart-locking platform used to provide trailer and container security for its My20 ELD and fleet management customers.

June 1, 2020