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.

GovernmentBusinessLogistics

Military’s $17.9 Billion Moving Contract Off to Slow Start

A $17.9 billion contract to move military members and their families finally took effect this summer. So far, however, just 100 or so local moves have been completed by local moving companies.

September 5, 2024
BusinessTechnologyEquipmentSafetyTradeshows

TMC Heads Back to Raleigh With Revamped Competitions

The event, scheduled for Sept. 15-19, will take place in Raleigh, N.C., a city that’s hosted a number of TMC gatherings in the past — most recently in 2019.

September 5, 2024
GovernmentBusinessSafetyLogistics

Drought Shrivels Mississippi River, Threatening Food Exports

Drought across the central U.S. is shrinking the Mississippi River, sending barge rates soaring and threatening to roil shipments of everything from corn to gasoline.

September 5, 2024
BusinessFuel

OPEC+ Agrees to Pause Oil Supply Increase After Price Rout

OPEC+ clinched a deal to pause its planned oil output hike for two months after prices plunged amid fragile demand.

September 5, 2024
BusinessPrivateTop 100

Private Fleets Ship Record 75% of Owners’ Outbound Freight

Prior to the past two years, the in-house market share had remained steady at the 67% level throughout the survey’s history, NPTC said.

September 5, 2024
BusinessTechnology

Why Public EV Chargers Almost Never Work as Fast as Promised

At U.S. public stations promising EV charging speeds of 100 kilowatts or higher, the average delivered charge was only 52 kW in 2022.

September 5, 2024
BusinessEquipment

July Used Class 8 Truck Sales Jump 17% From 2023

The used Class 8 truck market showed signs of life in July, with sales climbing nearly 17% compared to the same month last year, according to ACT Research.

September 5, 2024
GovernmentBusinessSafetyTCA

Houston Receives $3.4M to Study Police-Fire Response

Federal officials announced that Houston would receive $3.4 million for a project to study emergency response times, part of $1 billion aimed at improving street safety nationwide.

September 5, 2024
BusinessTechnologyFuel

BMW to Sell Hydrogen Cars in Partnership With Toyota

BMW AG plans to start selling hydrogen-powered vehicles in four years in a bid to establish the technology as an alternative to battery-electric cars.

September 5, 2024
BusinessEquipment

Daimler Truck Promotes Karin Rådström to CEO

Daimler Truck announced that Karin Rådström will take over as CEO on Oct. 1, replacing company veteran Martin Daum.

September 4, 2024