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

Northvolt to Pause Some Production, Cut Staff

Swedish battery maker Northvolt is pausing part of the production at its flagship factory and cutting the workforce to cope with a drop in electric vehicle demand.

September 9, 2024
Government, Business, Technology, Safety

Stellantis Recalls 1.5 Million Ram Trucks

DETROIT — Stellantis is recalling nearly 1.5 million Ram pickup trucks worldwide to fix a software problem that can disable the electronic stability control system.

September 9, 2024
Government, Business, Technology

US Pushes New Tech Export Rules to Limit China’s Access

The Biden administration plans to impose export controls on critical technologies including quantum computing and semiconductor goods.

September 6, 2024
Business, Technology

Cracking the Code on Worker Sentiment in Trucking

Increasing numbers of trucking companies are turning to artificial intelligence-­powered worker sentiment platforms to assess — and act on — employee sentiment in the workplace.

September 6, 2024
Business, Technology

TMS: The Unsung Hero of Connected Trucking

Mark Hill, CEO of PCS Software, writes about how the TMS is evolving into an ever more sophisticated platform.

September 6, 2024
Government, Business, Fuel

OPEC’s Quick Fix Masks Bigger Worry: Too Much Oil Next Year

OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.

September 6, 2024
Business, Technology, Autonomous

Intel Is Exploring Sale of Part of Stake in Mobileye

Intel is considering options for its stake in its struggling automated driving systems provider Mobileye as part of a major strategy overhaul, people with knowledge of the matter said. 

September 6, 2024
Business, Technology, Equipment, Autonomous

How Self-Driving Trucks Could Create New Jobs

As autonomous truck developers move ­closer to deploying fully driverless on-highway tractors, they are also pioneering a set of new, specialized job functions.

September 6, 2024
Government, Business

Hiring Rebounds in August in Sign of Slowing Job Market

WASHINGTON — Hiring by America’s employers picked up a bit in August from July’s sluggish pace, and the unemployment rate dipped in a sign that the job market may be cooling but remains sturdy.

September 6, 2024
Government, Business, Technology, Safety, Autonomous

California Passes Similar AV Legislation Vetoed Last Year

For the second straight year, California lawmakers forwarded legislation to the governor that would require drivers to be in the cab during the testing of autonomous heavy trucks in the state.

September 5, 2024