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.

Business, Technology, Equipment, Fuel

Northvolt Files for Bankruptcy After Failed Rescue Attempts

The move caps months of talks with owners, customers and creditors to find a way for Europe’s rare homegrown maker of EV batteries to continue operations.

November 21, 2024
Government, Business

MARAD Awards $580M Grants to Ports for Supply Chain Projects

USDOT's Maritime Administration announced $580 million in port grants for 31 projects across 15 states that incorporate multimodal improvements for the transportation of goods.

November 21, 2024
Business, Equipment

Equipment: Mack to Launch New Flagship Semi in 2025

President Stephen Roy announced Mack Trucks' upcoming semi, designed to compete in 70% of the market and triple the company's longhaul market share.Ā  Ā 

November 21, 2024
Business, Technology

Penske Truck Leasing Eyes Up to 80% of Power From Solar

The first facility with a rooftop solar installation, in Illinois, is now operational. Solar panels installed there are expected to generate roughly 80% of the building’s energy needs.

November 21, 2024
Government, Business

Canada’s Provincial Leaders Want Bilateral Trade Deal With US

TORONTO — Canada’s provincial leaders want Prime Minister Justin Trudeau’s federal government to negotiate a bilateral trade deal with the United States that excludes Mexico.

November 21, 2024
Government, Business, Fuel

Biofuel Groups Ask Congress to Extend Expiring Tax Credit

Soybean farmers in seven states are asking Congress to extend current biodiesel and renewable diesel tax credits due to a lack of clarity on a set of new rules ready to take effect in January.

November 21, 2024
Business, Equipment

October Trailer Orders Drop 52% From Last Year

The only year-over-year increase this year was a 37% rise in April, but that bright spot came after six months of unfavorable year-over-year comparisons and has now been followed by six more.

November 21, 2024
Business, Equipment, TCA

Hess Toy Truck Marks 60th Anniversary

This holiday season brings a milestone for the Hess toy truck in the form of its 60th anniversary.

November 21, 2024
Business, Technology, Autonomous

Uber Said to Be in Talks to Invest in US IPO of Pony AI

Uber Technologies plans to invest in Pony AI’s U.S. initial public offering, which is expected to be priced next week after being upsized by the autonomous driving firm.

November 21, 2024
Business, Technology

Tesla Slow to Make Its Chargers Accessible to Other EVs

Tesla promised to drop the wall on its so-called charging ā€œwalled gardenā€ two years ago, making its Superchargers accessible to all EVs.Ā 

November 21, 2024