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

Truck Maker Scania Plans Complete Shift to Northvolt

Volkswagen’s truck manufacturing brand Scania plans to equip all its future electric trucks with Northvolt batteries, in a vote of confidence for the cash-strapped Swedish battery maker.

October 28, 2024
Business, Logistics

Understanding LTL (Less Than Truckload) Shipping and Freight

LTL freight shipping has become increasingly important in modern logistics and supply chains due to its cost-effectiveness and flexibility.

October 25, 2024
Business, For-Hire

Saia Reports Q3 Revenue Growth Amid Network Expansion

Saia Inc. reported Oct. 25 that it was able to post record-high third-quarter revenue amid an ongoing effort to expand its operational footprint.

October 25, 2024
Business, Logistics, For-Hire, Global Freight, TCA

Anchorage’s International Airport Adds 5 Carriers

The Ted Stevens Anchorage International Airport has added five new international cargo carriers to its lineup this year, setting the stage for continued growth.

October 25, 2024
Business, Logistics, Global Freight, TCA

German Shipping Giant Hapag-Lloyd Posts Higher Profits

HAMBURG, Germany — The German shipping company Hapag-Lloyd has raised its profit forecast for the current financial year because of rising freight rates.

October 25, 2024
Government, Business, Technology, Safety, TCA

Hyundai Nexo SUV Recalled Over Potentially Explosive Leak

Hyundai is recalling its hydrogen-powered Nexo SUV model in the United States for a fix after safety watchdogs warned of a potentially explosive fuel leak.

October 25, 2024
Business

Understand Truck Driver Pay for More Informed Decision-Making and Negotiating

Many factors contribute to a fleet's ability to attract and retain drivers, and pay tops the list. Often, drivers will naturally look to it as the differentiating factor in a job.

October 25, 2024
Government, Business, Logistics, TCA

Port of New Orleans Names CEO

Beth Ann Branch of Port of Mobile was chosen as the next CEO of the Port of New Orleans and Public Belt Railroad, putting a former Gulf Coast rival at the helm in New Orleans.

October 25, 2024
Business, Technology, Safety

Samsara Releases AI-Enabled Drowsy Driving Detection

Fleet technology provider Samsara has released a new safety feature that proactively detects and mitigates drowsy driving through artificial intelligence.

October 25, 2024
Business, Technology, Autonomous

Waymo Closes $5.6 Billion Funding Round

Waymo, Alphabet Inc.’s autonomous driving unit, raised $5.6 billion from investors, its largest-ever funding round.

October 25, 2024