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.

GovernmentBusinessTechnology

Northvolt Owners Back Plan to Keep Making Batteries

Northvolt AB shareholders approved the bankrupt electric vehicle supplier鈥檚 plan to keep building battery cells while it seeks new funding to restructure under Chapter 11 protection.

January 8, 2025
BusinessEquipmentTCA

Goodyear to Sell Dunlop Tire Brand to Japan鈥檚 Sumitomo

WASHINGTON 鈥 U.S. tire company Goodyear will sell its Dunlop brand to Japan鈥檚 Sumitomo Rubber Industries, the company announced Jan. 7.

January 8, 2025
BusinessPrivate

Albertsons Raises Profit Guidance After Dropping Kroger Deal

Albertsons Cos. raised its adjusted earnings outlook for the full year, a positive sign for the grocer seeking to pave a new path after its proposed deal with Kroger Co. fell apart.

January 8, 2025
GovernmentBusinessTechnologyEquipmentFuel

Biden Unveils Clean Energy Tax Credits Amid Uncertain Future

The Biden administration made new tax credits available for companies that generate clean electricity and argued it would be a mistake for President-elect Donald Trump to try to undo them.

January 7, 2025
BusinessEquipment

Guide To Boosting Technician Efficiency

The kind of revenue your shop brings in is almost entirely dependent on the efficiency of your techs. Time is, after all, money. Learn some strategies that you can implement to boost your tech efficiency.聽

January 7, 2025
BusinessTechnology

5 Questions Your Telematics RFP is Missing

A well-defined RFP ensures a fleet attracts the right vendor who can deliver solutions that meet your needs. Before sending your telematics RFP to vendors, explore these key questions to ensure your fleet鈥檚 operations and expectations are aligned for success.

January 7, 2025
BusinessTechnologyEquipmentFuel

NACFE to Hold 鈥楳essy Middle鈥 Testing in September

The fourth Run on Less program in NACFE鈥檚 Run on Less initiative will involve four different powertrain solutions: diesel, natural gas, battery-electric and hydrogen fuel cells.

January 7, 2025
GovernmentBusinessSafety

New N.C. Governor Acts on Hurricane-Damaged Roads, Bridges

In one of his first acts as North Carolina鈥檚 new leader, Gov. Josh Stein signed an executive order to complete repairs on 8,000 roads and bridges that sustained damage during Hurricane Helene.

January 7, 2025
BusinessFuel

Hess Confident of Arbitration Win Against Exxon

Exxon鈥檚 claim of right-of-first-refusal to Hess鈥 30% stake in Guyana鈥檚 Stabroek block is 鈥渂aseless鈥 and 鈥渨ithout merit,鈥 CEO John Hess said at a Goldman Sachs Group Inc. conference Jan. 7.

January 7, 2025
BusinessLogisticsFor-HireTop 100

Atlas Acquires Canadian Customs Specialist Orbit Brokers

Atlas Canada acquired Mississauga, Ontario-based customs brokerage Orbit Brokers for an undisclosed sum, the Atlas World Group unit said.

January 7, 2025