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, Equipment

Recruiting: Driving Simulators Help Trucking Companies Find New Talent

For CDL trainers and some fleets, truck driving simulators are among the most innovative and realistic ways to #recruit new drivers.

September 16, 2024
Business, Technology, Global Freight

After EVs, China’s CATL Seeks to Dominate Electric Trucks

CATL has in a short space of time become the world’s largest maker of electric car batteries. Now the Chinese company wants to dominate in trucks globally.

September 16, 2024
Government, Business, Logistics

Camrett Logistics Invests $575K in Virginia Warehouse

The expansion is part of Camrett’s broader growth in Southwest Virginia, where it has been operating since 1995.

September 16, 2024
Business, Fuel

Apollo Inks $1 Billion Deal With BP for Stake in Gas Link

Apollo Global Management agreed to pay BP Plc $1 billion for a stake in a key Caspian-region natural gas pipeline.

September 16, 2024
Business, Technology, Logistics, Top 100

RXO Becomes Third-Largest Freight Broker With Coyote Deal

RXO has finalized its $1.025 billion acquisition of Coyote Logistics from UPS, a move that makes RXO the third-largest provider of brokered transportation in North America.

September 16, 2024
Business, Technology

Idea Leads to EV Charger Maintenance Business

LOS ANGELES — Kameale Terry saw it coming before almost anyone else did. She realized the expanding network of electric vehicle charging stations would need a workforce to maintain it.

September 16, 2024
Business, Equipment

VW Weighs Cutting 15,000 Staff on Plant Closures

Volkswagen AG could force through decisions on plant closures this year, paving the way for more than 15,000 job cuts, according to analysts at Jefferies.

September 16, 2024
Business, Technology, Private

Jimmy Haslam Backs Initiative to Cut Heavy Industry Emissions

Cleveland Browns owner Jimmy Haslam’s family office HF Capital has committed $725 million to help launch an initiative aimed at decarbonizing heavy industry, it announced Sept. 16.

September 16, 2024
Business, Technology, Equipment, Logistics

Platform Science to Acquire Trimble’s Fleet Telematics Units

As part of the agreement, Trimble will take a 32.5% stake in Platform Science and receive a seat on Platform Science’s board of directors.

September 15, 2024
Business, Technology, Equipment, Fuel

Daimler Broadens Global Platform of Electric Vehicles, Services

The company introduced a dedicated brand for its global charging infrastructure initiatives and broadened the scope of its financial services business.

September 15, 2024