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, Technology, Equipment

FMCSA Grants Freight Hauler Exemption for Intellistop System

Federal regulators have granted a five-year exemption to fuel hauler Gemini Motor Transport to operate a flashing brake light system manufactured by Intellistop Inc.

May 14, 2024
Government, Business

Arizona to Train CDL Students With Help From Scholarships

Starting this summer, future truck drivers seeking CDL training at nine Arizona community colleges will get financial help thanks to a $4.5 million workforce scholarship program.

May 14, 2024
Business, Logistics

XPO Opens Three New Facilities Acquired From Yellow Closure

XPO recently opened three new facilities that were acquired by the less-than-truckload carrier as part of the Yellow Corp. bankruptcy.

May 14, 2024
Government, Business, Fuel

Senate Passes Diesel Emissions Reduction Bill Update

Legislation updating the Diesel Emissions Reduction Act was recently passed in the U.S. Senate.

May 14, 2024
Business, Equipment, Fuel, Logistics, For-Hire

Ryder: Switching to a Class 8 EV May Double Vehicle Costs

A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.

May 14, 2024
Business, Logistics, TCA

GXO Opens Warehouse in Maryland for Conair

GXO Logistics has opened an approximately 2.1 million-square-foot distribution center in Maryland, a facility that will exclusively serve Conair.

May 14, 2024
Government, Business, Technology, Fuel

Hydrogen Maker Plug Power Soars on $1.7 Billion US Backing

Hydrogen producer Plug Power Inc.’s stock soared May 14 after the Biden administration offered the U.S. company a conditional commitment for $1.66 billion in loan guarantees to build up to six facilities.

May 14, 2024
Government, Business, Technology

Biden Hikes Tariffs on Chinese Electric Vehicles

WASHINGTON — The Biden administration announced plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment.

May 14, 2024
Government, Business, Technology, Safety, Autonomous

NHTSA Investigates Waymo Self-Driving Tech After Crashes

DETROIT — The U.S. government’s highway safety agency has opened another investigation of automated driving systems, this time into crashes involving Waymo’s self-driving vehicles.

May 14, 2024
Government, Business, Safety

Collapsed Baltimore Bridge Span Comes Down With a Boom

BALTIMORE — Crews set off a chain of carefully placed explosives May 13 to break down the largest remaining span of the collapsed Francis Scott Key Bridge in Baltimore.

May 14, 2024