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, Fuel

OPEC Doubles Down on Oil Growth Despite Climate Goals

OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that scientists say would lead to climate catastrophe.

September 24, 2024
Government, Business, Safety, Logistics

Vancouver Port Strike Disrupts Grain Shipments at Harvest

Grain workers at Canada’s largest port went on strike Sept. 24 over a dispute regarding hours and pay, creating what an industry association called a “devastating” situation for farmers.

September 24, 2024
Business, Equipment

Utility to Offer Accuride’s Trident Drum Brakes as Standard

Utility Trailer Manufacturing will offer Trident composite steel shell drum brakes from Accuride as standard on all its trailer models, the company said Sept. 17.

September 24, 2024
Business, Logistics, Breaking News, For-Hire

ATA: Trucking Tonnage Rises Again, Hints at Market Recovery

The ATA For-Hire Truck Tonnage Index rose 1.8% to 115.8 from the prior month, and 0.7% compared with August 2023.

September 24, 2024
Government, Business

House Committee Approves Moving Protection Bill

Legislation that aims to increase protections for people moving personal property was recently approved by a committee in the U.S. House of Representatives.

September 24, 2024
Business, Logistics

Evo Builds Out Truckload Operations With West Side Purchase

Phoenix-based Evo aims to build a diversified, national truckload carrier and brokerage through the acquisition of Cedar Rapids, Iowa-based West Side.

September 24, 2024
Government, Business, Safety

Maryland Sues Owner of Ship That Caused Key Bridge Collapse

BALTIMORE — The state of Maryland has added to the legal troubles facing the owner and operator of the containership Dali, which caused the deadly collapse of the Francis Scott Key Bridge.

September 24, 2024
Government, Business, Fuel

US, Canada to Negotiate Boundary to Oil-Rich Arctic Seabed

The U.S. and Canada have agreed to begin negotiations over claims to an Arctic seabed that may be rich in oil and is of growing strategic importance as Russia and China ramp up their presence.

September 24, 2024
Business, Technology, Fuel, Logistics

Ammonia-Powered Tugboat Shows How to Cut Shipping Emissions

KINGSTON, N.Y. — A tugboat powered by ammonia eased away from the shipyard dock and sailed for the first time to show how the maritime industry can slash carbon dioxide emissions.

September 24, 2024
Business, Logistics, Global Freight

Maersk Adds Port Disruption Surcharge as Strike Looms

AP Moller-Maersk added a local port disruption surcharge for all cargo moving to and from the East Coast and Gulf Coast terminals, to cover higher costs from “potential labor disruptions.”

September 24, 2024