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.

GovernmentBusinessFuel

Ethanol Industry Nears Win for Year-Round E15 Access

Ethanol makers and corn growers have fought for more than a decade to expand access to E15 amid fierce opposition from oil refining states. That opposition has eased some with the rise of EVs.

December 18, 2024
BusinessTechnologyFuel

Fleets’ Fuel Efficiency Rose in 2023, 2022: NACFE Study

Based on data from some of the North American freight industry’s largest carriers, fleet-wide fuel efficiency averaged 7.77 mpg in 2023, compared with 7.62 mpg in 2022.

December 18, 2024
BusinessTechnologyFuel

Nissan and Honda Consider Merger to Take on Toyota

Honda Motor Co. and Nissan Motor Co. are exploring a potential merger, according to people familiar with the matter, which would create a singular rival to Toyota Motor Corp.

December 18, 2024
GovernmentBusiness

Lawmakers Agree to More Than $100 Billion in Disaster Relief

Congress reached agreement on more than $100 billion in emergency relief funding for victims of a series of disasters, including hurricanes Helene and Milton and the Baltimore bridge collapse.

December 18, 2024
GovernmentBusinessFuel

Energy Chief Granholm Warns Against 'Unfettered' LNG Exports

WASHINGTON — The United States should proceed cautiously as officials consider new natural gas export terminals, Energy Secretary Jennifer Granholm said Dec. 17.

December 17, 2024
GovernmentBusinessTechnology

Biden to Announce Chinese Semiconductor Probe in Coming Days

President Joe Biden’s administration is set to initiate a trade investigation into Chinese semiconductors in the coming days, as part of a push to reduce reliance on a technology that U.S. officials believe pose national security risks.

December 17, 2024
BusinessEquipment

November Medium-Duty Sales Slip 2.3% From 2023

U.S. retail sales of medium-duty trucks declined sequentially and on a year-over-year basis in November, according to data from Wards Intelligence.

December 17, 2024
GovernmentBusiness

Natso CEO Lisa Mullings to Step Down After 20 Years

Mullings, who has been at the helm of the truck stop and travel center trade group since 2004, described the decision as difficult but said she is confident in Natso’s future.

December 17, 2024
GovernmentBusinessTechnologySafetyFuel

Trump to Take Reins as Biden Rushes Infrastructure Projects

WASHINGTON — While Republicans capped 2024 with a presidential victory, the Biden administration has been rushing to advance as many infrastructure and microchip projects as it can.

December 17, 2024
BusinessTechnology

DAT Buys Trucker Tools to Boost Digital Freight Features

The deal, which closed Dec. 17, brings Trucker Tools’ platform suite for freight visibility, digital load booking and carrier engagement under the umbrella of DAT’s operations.

December 17, 2024