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.

Government, Business, Equipment, Fuel

Hexagon Agility and Brudeli Green Mobility to Deliver NZEVs

LAS VEGAS — Hexagon Agility and Brudeli announced a collaboration and unveiled the Brudeli Powerhybrid, the first near-zero-emission vehicle that complies with California’s ACT and ACF rules.

July 12, 2024
Business, Equipment

Class 8 Truck Orders Take Downward Turn in June

North American Class 8 truck orders ended three months of year-over-year gains in June, according to ACT Research. Preliminary data showed orders fell 12% to 14,800 units.

July 12, 2024
Business, Technology, Autonomous

Tesla Delays Robotaxi Event in Blow to Musk’s Autonomy Drive

Tesla is postponing its planned robotaxi unveiling to October to allow teams working on the project more time to build additional prototypes, according to people familiar with the decision.

July 12, 2024
Government, Business, Fuel

FTC Delays Chevron-Hess Decision to After Exxon Arbitration

The FTC plans to delay its decision whether to block Chevron.’s $53 billion takeover of Hess until after an arbitration case with Exxon Mobil is settled, Bloomberg reports.

July 11, 2024
Government, Business, Equipment, For-Hire

Federal Maritime Commission Reopens Port Chassis Probe

The Federal Maritime Commission has opened a follow-up investigation involving the right of motor carrier choice in chassis provisioning.

July 11, 2024
Government, Business, Equipment, Safety

Divided Final Report Issued on Side Underride Protection

Two trucking industry trade groups are criticizing a report issued by members of a specially appointed federal committee on trailer side underride protection as lacking in true consensus.

July 11, 2024
Business, Equipment

Truck Mirror Shortage Hinders Navistar Second-Quarter Sales

Navistar truck and bus sales in the second quarter of 2024 slumped 31% year-over-year, partly as a result of a shortage of truck mirrors, parent company Traton said July 10.

July 11, 2024
Business, Equipment, Breaking News

Class 8 Sales Continue Trending Below Year-Ago Period

U.S. Class 8 retail sales experienced their 11th consecutive month of year-over-year declines in June, according to data from Wards Intelligence.

July 11, 2024
Government, Business, Fuel

Global Oil Demand Growth Slows Further as China Cools

Global oil demand growth slowed to its weakest in more than a year last quarter as the post-pandemic rebound in China fades, the International Energy Agency said.

July 11, 2024
Business, Private

PepsiCo’s Q2 Profits Jump, but Demand Continues to Slip

PepsiCo reported higher-than-expected earnings in the second quarter but customer demand for its snacks and drinks continued to slip.

July 11, 2024