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.

Government, Business, Safety, Logistics, TCA

With I-40 Closed, Truckers Find Mountain Roads Tricky

The closure of Interstate 40 through the Pigeon River Gorge after Hurricane Helene has created challenges for some tractor-trailer drivers going between North Carolina and Tennessee.

November 22, 2024
Business, Fuel

Exxon Could Jointly Develop Natural Gas Deposits Off Cyprus

NICOSIA, Cyprus — Exxon Mobil could partner with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits close to each other off Cyprus’ southern coast.

November 22, 2024
Business, Technology

Northvolt CEO Peter Carlsson Quits After Bankruptcy Filing

Northvolt AB CEO Peter Carlsson is stepping down as the Swedish battery maker embarks on a restructuring under bankruptcy court protection.

November 22, 2024
Government, Business, Equipment, Fuel

Automakers Urge Trump to Ease Fuel Efficiency Rules

An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from “unfair†practices by China.

November 21, 2024
Government, Business, Safety, Fuel

Phillips 66 Indicted for Alleged Toxic Sewer Discharges

The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease.

November 21, 2024
Business

What's That? The Bureau of Transportation Statistics

The Bureau of Transportation Statistics or, BTS is a federal agency within the U.S. Department of Transportation that collects, analyzes, and publishes data on all modes of transportation.

November 21, 2024
Government, Business, Safety

White House Seeks $8 Billion in Transportation Aid

WASHINGTON — President Joe Biden and senior administration officials called on Congress to approve emergency aid before the end of the year to rebuild transportation corridors.

November 21, 2024
Business, Technology, Equipment

Volvo’s Voorhoeve: Customer Service Integral to Company

Volvo Trucks North America President Peter Voorhoeve says the lessons he learned in customer service when he joined the company more than a quarter century ago remain with him today. 

November 21, 2024
Government, Business, Logistics

EU Prepares Two-Track Plan for Trump Trade Ties

The EU is exploring potential areas for deeper cooperation with the U.S., such as increased liquefied natural gas imports and closer alignment on addressing China’s trade practices.

November 21, 2024
Government, Business, Safety

Stakeholders Praise Trump USDOT Leader Nominee Sean Duffy

Transportation stakeholders are lining up to support President-elect Donald Trump’s selection to lead the U.S. Department of Transportation.

November 21, 2024