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, For-Hire

NFI Buys Transfix’s Freight Brokerage Operation

NFI acquired Transfix’s digital freight brokerage operation for an undisclosed sum, the carrier said June 5.

June 6, 2024
Business, Technology, Equipment, Safety, For-Hire

ABF Freight Seeks to Boost Safety With Trailer Sensors

ABF Freight is ramping up its use of Drov Technologies’ AirBoxOne platform, which integrates truck and trailer sensors, Oklahoma City-based Drov said.

June 6, 2024
Government, Business

House Passes FY25 Funding Bill for Veterans, Military

The House Republican caucus is pressing for passage of fiscal 2025 funding bills to avert the long-term threat of a shutdown and clear the legislative calendar prior to the November elections.

June 6, 2024
Government, Business, Safety, Logistics

Maryland Senator Presses for Baltimore Aid

WASHINGTON — Sen. Ben Cardin of Maryland renewed calls for colleagues to endorse emergency aid for rebuilding the Port of Baltimore area and the collapsed Francis Scott Key Bridge.

June 6, 2024
Business, Safety

Trucking Fleets Urged to Be Proactive in Litigation

INDIANAPOLIS — When a trucking company anticipates or is involved in serious accident litigation, C-suite executives might want to remember one thing: Your company lives in a glass house.

June 6, 2024
Government, Business, Technology, Safety

Truckers Urged to Get Vocal on Regulatory Challenges

INDIANAPOLIS — Motor carriers are making strides in influencing the regulatory future of the industry, but must remain vocal to address challenges they face, according to TCA's David Heller.

June 6, 2024
Business, Equipment

Class 8 Truck Orders Increased 50% Year-Over-Year During May

North American Class 8 truck orders continued the trend of year-over-year gains in May, according to ACT Research.

June 6, 2024
Business, Technology

ABB Considers Sale of Some Electric Mobility Assets

ABB Ltd. is considering selling part of its e-mobility business, which includes electric vehicle charging stations worldwide, including the U.S.

June 6, 2024
Government, Business, Technology

EV Taxi Startup Revel to Lay Off Drivers for Gig Model

Revel Transit, the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber and Lyft.

June 6, 2024
Business, Equipment

Used Truck Sales in April Jump 30% From Last Year

Used Class 8 truck sales in April increased 29.6% compared with the same period the prior year, ACT Research reported.

June 5, 2024