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.

GovernmentBusinessTechnologyAutonomous

Trump Team Is Seeking to Ease Rules for Self-Driving Cars

Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.

November 18, 2024
BusinessFor-Hire

LaserShip Inks $300 Million Debt Restructuring Deal

American Securities-backed LaserShip Inc. reached a debt-restructuring deal with some creditors that would provide fresh money, reduce debt and revamp the repayment line in the latest such proposal by distressed debtors.

November 18, 2024
BusinessTechnology

Northvolt Rescue on Verge of Unraveling as Cash Runs Short

Northvolt is scrambling to pull together emergency funding after a previous plan fell apart, according to sources, leaving the battery maker with dwindling options as it runs low on cash.

November 15, 2024
BusinessTechnologyLogisticsTop 100

Uber Freight Launches Capacity-as-a-Service Platform

A capacity-as-a-service platform, Broker Access is designed to boost productivity, service levels and business growth for brokers, Uber Freight said.

November 15, 2024
BusinessEquipment

SmithCo Develops Kingpin Housing for Side-Dump Trailers

SmithCo Inc. has developed a patent-pending kingpin housing for its side-dump trailers that’s intended to improve durability and reduce maintenance costs.

November 15, 2024
BusinessLogisticsFor-Hire

J.B. Hunt Promotes Trio of Executives

J.B. Hunt Transport Services recently announced a series of executive appointments.

November 15, 2024
BusinessTechnologyEquipment

Mack to Launch New Flagship Semi in 2025

Whether the tractor will be an update of Mack’s existing on-highway flagship, the Anthem, or a new model altogether is unclear.

November 15, 2024
GovernmentBusinessFuel

Biden to Stand Fast on LNG-Permit Halt, Energy Chief Signals

The Biden administration won’t decide on any natural gas-export permits before the presidential term ends in late January, Energy Secretary Jennifer Granholm signaled.

November 15, 2024
Business

Legendary Trucker Gene England of C.R. England Dies

Gene England, a trucking industry legend, World War II veteran and beloved family man, died at the age of 105, C.R. England announced Nov. 14.

November 15, 2024
GovernmentBusinessLogisticsTCA

GXO Plans 400 More Layoffs This Year

GREENWICH, Conn. — GXO Logistics this year has laid off more than 500 employees in the U.S., while it plans to cut nearly 400 more positions across two sites, according to public records.

November 15, 2024