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.

BusinessEquipmentSafety

FedEx Freight’s Reed to be Honored at MCE

Jackie Reed's NTDC grand championship will be celebrated at American Trucking Associations' Management Conference & Exhibition in Nashville, Tenn., on Oct. 12-15.

October 2, 2024
GovernmentBusinessSafety

Insured Losses From Helene Expected to Reach $6.4 Billion

The assessment includes damage to privately insured automobiles as well as residential, commercial and industrial properties and the impact of business interruption.

October 2, 2024
GovernmentBusinessLogistics

Why Biden Says He Won't Invoke Taft-Hartley in Port Strike

According to the Congressional Research Service, about half the time that presidents have invoked Section 206 of Taft-Hartley, the parties worked out their differences.

October 2, 2024
BusinessTechnologyEquipment

Freightliner Teases Debut of Fifth Generation Cascadia

Freightliner teased an Oct. 15 unveiling of a revamp of its flagship Class 8 on-highway Cascadia model Oct. 1.

October 2, 2024
GovernmentBusinessTechnologyAutonomous

Toyota Boosts Investment in Air Taxi Maker Joby Aviation

Toyota is boosting its investment in air taxi manufacturer Joby Aviation by $500 million to support plans for commercial production, bringing its total investment to $894 million.

October 2, 2024
BusinessEquipment

Stellantis’ US Sales Plunge in Sign of Deepening Strains

Stellantis NV’s U.S. sales plunged 20% last quarter as the beleaguered automaker struggled to tame bloated inventories amid high interest rates and softening consumer demand.

October 2, 2024
GovernmentBusinessTechnologyEquipmentSafety

FMCSA Targets Falsified ELD Records in New Approach

A fatal December 2022 crash in Virginia put a fresh spotlight on fraud, when a truck driver falsified ELD records to exceed the 11-hour driving limit.

October 2, 2024
GovernmentBusinessLogistics

Businesses Weigh Fallout From Dockworkers Strike

As day one of the dockworkers strike unfolded, economists were trying to quantify the damage from the supply chain disruption caused by the closure of 36 ports.

October 2, 2024
BusinessLogisticsGlobal Freight

DB Schenker Sale Faces Decisive Vote

Deutsche Bahn AG’s planned 4.3 billion-euro ($15.8 billion) sale of its logistics arm is facing a decisive vote Oct. 2.

October 2, 2024
BusinessFuel

Oil Flows Slump for Fourth Straight Month

The seaborne flow of oil fell for a fourth straight month in September on the back of hefty declines from Libya, where a political row spilled over into supply disruptions.

October 2, 2024