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, Equipment, Fuel

Focus on Tire Recycling Renews as BEV Numbers Swell

Retreading is a key instrument in a fleet manager’s cost management toolbox, but what happens after tires reach the end of their life span?

May 29, 2024
Business, Equipment, Logistics

Ports Report More Volume Gains for April

U.S. ports continued to see year-over-year container volume increases in April, with the Port of Los Angeles reporting its ninth consecutive month of year-over-year growth.

May 29, 2024
Government, Business, Technology, Fuel

Tax Credit Lures Canada’s Largest Renewable Diesel Venture

Canada’s Alberta province has provided an Agri-Processing Investment Tax Credit to Imperial Oil Ltd. for a C$720 million project to build the nation’s largest renewable diesel facility. 

May 29, 2024
Business, Logistics, Global Freight

Some Shipping Container Costs Hit $10,000

Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.

May 29, 2024
Business, Equipment, Fuel

VTNA Launches Volvo on Demand for Class 8 VNR Electric

Volvo Trucks North America is launching a term-based program that offers fleets a way to sample how a Volvo VNR Electric model would work in their fleets.

May 29, 2024
Government, Business, Safety

ATA Critical of Proposed Federal Downgrade of Marijuana

American Trucking Associations has expressed safety concerns over a Drug Enforcement Agency proposal to downgrade the classification of marijuana from Schedule I to Schedule III.

May 29, 2024
Government, Business, Technology, Safety

Senator Promotes Emerging Transportation Technologies

The adoption of emerging technologies contributes to safety improvements throughout the nation’s transportation network, federal lawmakers and stakeholders said.

May 29, 2024
Government, Business, Fuel

ConocoPhillips to Buy Marathon Oil for $17.1 Billion

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.

May 29, 2024
Business, Technology, Safety, Fuel, Autonomous

Tesla Settles Fatal Crash Suit Ahead of California Trial

Tesla reached a deal to resolve a lawsuit over the death of a Model S passenger in a 2016 crash, marking the second time in two months it has avoided a jury trial in California over a fatal wreck.

May 28, 2024
Government, Business, Technology

BET Evolution at Same Point as Brick Cellphones: Sanchez

Battery-electric trucks have arrived at an evolutionary point not dissimilar to the one that brick-style cellphones occupied in the 1980s, Ryder System CEO Robert Sanchez said.

May 28, 2024