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.

BusinessTechnology

Stellantis, CATL to Build EV Battery Factory in Spain

BARCELONA, Spain — Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Dec. 10.

December 10, 2024
BusinessTechnologyEquipmentLogistics

FreightVana Buys Brokerage Operations of Loadsmith

FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.

December 9, 2024
BusinessEquipment

Continental Launches Longhaul Drive Tire

Continental launched a new longhaul drive tire for the U.S. market.

December 9, 2024
GovernmentBusinessLogistics

RXO Invests $13.7 Million to Expand in North Carolina

North Carolina Gov. Roy Cooper and other state officials announced a $13.7 million expansion by RXO in its Ballantyne operations to add 216 jobs over the coming years.

December 9, 2024
BusinessLogistics

REPLAY: Economic Outlook for 2025 with ATA's Bob Costello

Over the past two and a half years, the trucking industry has persevered through a freight rate recession amid an oversupply of capacity while also navigating supply chain disruptions and uncertainty. When will freight rates rebound, and how much recovery can we expect?

December 9, 2024
BusinessEquipment

Former Ram Boss Back at Stellantis After Tavares’ Ouster

Former Stellantis NV executive Tim Kuniskis will rejoin the automaker to run the Ram pickup brand as the company plots a turnaround following the ouster of CEO Carlos Tavares.

December 9, 2024
BusinessEquipmentFuel

Mack Expands EV Certified Dealer Network

Mack Trucks now has 65 electric vehicle certified dealers in North America, it said.

December 9, 2024
GovernmentBusinessTechnology

US Mulls Backing Brazilian Nickel Plant With Up to $550M

The U.S. government is considering whether to provide a loan of up to $550 million to help developing a nickel and cobalt mine in Brazil’s Northeast.

December 9, 2024
GovernmentBusinessFuel

Biden Sets Last-Minute Auction of Arctic Refuge Oil Rights

The Biden administration plans to sell drilling rights in the Arctic National Wildlife Refuge, a last-minute maneuver that could complicate the incoming administration’s plans.

December 9, 2024
GovernmentBusinessSafetyTCA

Connecticut Invests $31 Million in Truck Parking

MIDDLETOWN, Conn. — The Connecticut Department of Transportation announced a $31 million investment in expanding truck parking by 183 spaces at rest stops across Connecticut.

December 9, 2024