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, Safety

Kia Recalls Nearly 463,000 Telluride SUVs Due to Fire Risk

NEW YORK — Kia America is recalling nearly 463,000 Telluride SUVs — and urging owners to park their cars outside and away from other structures until an issue posing a fire hazard is fixed.

June 7, 2024
Business, Fuel

Shale Drilling Slides to Lowest Level of Activity Since 2022

Drilling in the U.S. shale patch dropped to the lowest level in almost 2½ years as operators vow to make good on promises to investors for subdued production growth this year.

June 7, 2024
Business, Logistics, Private

Walmart Expects E-Commerce Profits Within Two Years

Walmart Inc. said it expects to generate profits in its U.S. e-commerce business within the next two years.

June 7, 2024
Government, Business, Fuel

Real-World Mileage Standard for New Vehicles Rising

WASHINGTON — New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules.

June 7, 2024
Government, Business, Technology

Virginia Won’t Enforce New California Emissions Rules

Virginia is giving the boot next year to California’s electric vehicle mandates and will no longer be legally obligated to follow its emissions regulations.

June 7, 2024
Government, Business, Fuel

Kentucky Gov. Beshear Pushes Back on Trump-Led EV Attacks

FRANKFORT, Ky. — EVs have built up enough momentum from job growth and investments to steer past any roadblocks from Donald Trump and other critics, Kentucky Gov. Andy Beshear said.

June 7, 2024
Business, Technology

Some Long-Range EVs Now Cost Less Than Average New Car in US

The automotive industry has produced the first long-range EVs that are cheaper to buy than the average gas-powered car.

June 7, 2024
Business, Equipment

Stellantis Loses Another Executive Amid Slow Sales

Jim Morrison, former U.S. head of the Jeep and Ram brands, has left Stellantis, adding to a string of executive departures as the automaker grapples with sluggish sales.

June 7, 2024
Government, Business

Employers Added a Robust 272,000 Jobs in May

WASHINGTON — America’s employers added a vigorous 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring.

June 7, 2024
Business, Safety, Logistics

What's That? Intrusion Detection Systems (IDS)

Because of large revenue pools, cybersecurity experts recognize trucking as one of the most cyberattacked industries of today. Intrusion detection systems (IDS) are designed to protect you from cyberattacks.

June 6, 2024