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.

BusinessTechnologyFuel

ChargePoint Restructures Workforce Amid Revenue Challenges

ChargePoint Holdings, operator of the largest electric vehicle charging network in the US, plans to cut 15% of its workforce after missing revenue forecasts.

September 4, 2024
GovernmentBusiness

Biden to Reject $14.1 Billion Nippon Steel-US Steel Deal

U.S. President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people familiar with the matter.

September 4, 2024
Business

Truck Driver Pay Weathers Weaker Freight Conditions

The trucking industry continued to increase overall pay for drivers in 2023 despite a freight market downturn, American Trucking Associations reported Sept. 3.

September 4, 2024
GovernmentBusinessTechnologyLogistics

Ollie’s Invests $75M in Illinois Hub to Cut Trucking Miles

A new Ollie’s Bargain Outlet Holdings distribution center in Illinois will save the company 1.2 million trucking miles annually and serve up to 150 stores.

September 4, 2024
BusinessTechnologyEquipmentFuel

Volvo to Launch Battery-Electric Truck With Longer Range

Volvo Trucks plans to boost the range for one of its global battery-electric trucks to about 372 miles on a single charge, the Swedish original equipment manufacturer said Sept. 3.

September 4, 2024
BusinessTCA

Stellantis, UAW at Odds Over Belvidere Plant Timeline

One sentence in a contract document that runs more than 300 pages is drawing scrutiny as the United Auto Workers warns it could strike Stellantis NV.

September 4, 2024
GovernmentBusinessTechnologyEquipmentSafety

Rhode Island Launches Vast WIM System on Washington Bridge

Rhode Island is installing a weigh-in-motion system on the Washington Bridge in Providence, using advanced technology to monitor the structural health of the aging but vital connector.

September 4, 2024
GovernmentBusinessLogistics

Nevada Logistics Sector Gets Boost From $376K Grant

The Nevada Governor’s Office of Economic Development has approved $376,000 in state funding to build out logistics training at the College of Southern Nevada, a move aimed at bolstering one of the area’s fastest-growing industries.

September 4, 2024
GovernmentBusinessTechnologyLogistics

Port of Halifax to Create Digital Data Hub

Supply chain improvements for trucking are underway at the Port of Halifax in Nova Scotia in a multimillion-dollar venture to create a data hub and digitize container terminal operations.

September 4, 2024
GovernmentBusinessPrivate

Kroger, Albertsons CEOs in Court to Defend Merger

PORTLAND, Ore. — The CEOs of Kroger and Albertsons were set to testify in federal court Sept. 4, midway through a three-week hearing in which the grocery chains have defended their proposed merger.

September 4, 2024