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.

BusinessTechnology

News: Bestpass & Drivewyze Join Forces in Major Acquisition

Bestpass-Fleetworthy Solutions has acquired connected truck and weigh station network operator Drivewyze, the companies announced Aug. 7. 

August 13, 2024
BusinessEquipmentBreaking News

Class 8 Truck Sales End Nearly a Year of Declines

U.S. Class 8 retail sales ended 11 consecutive months of year-over-year declines with a small uptick in July, according to data from Wards Intelligence.

August 13, 2024
BusinessEquipment

REPLAY: Coordinate - Learning Sessions for Equipment and Maintenance Executives

Parts supply chain management requires the precise coordination of a number of ingredients - sourcing the right parts, keeping your inventory up-to-date, maintaining your distribution network and more. Understanding the anatomy of the parts supply chain is key to meeting your current challenges and finding opportunities for optimization. What can you do to improve how you source parts? How proactive do you need to be in managing your inventory? And, does greater visibility into the links of the supply chain mean greater efficiency? 

August 13, 2024
GovernmentBusinessLogistics

Canadian Labor Board Leaves Door Open for Rail Strike

The ruling found that a work stoppage between the Teamsters and rail companies would not pose an immediate threat to public health and safety, meaning a strike could occur as soon as Aug. 22.

August 13, 2024
GovernmentBusinessTechnologyEquipmentSafety

Ford, Mazda Warn Owners About Takata Air Bag Inflators

DETROIT — Ford and Mazda are warning the owners of more than 475,000 older vehicles not to drive them because they have dangerous Takata air bag inflators that have not been replaced.

August 13, 2024
GovernmentBusinessFuel

Oil Surplus Looms if OPEC+ Hikes Supplies, IEA Data Shows

Global oil markets are poised to swing from a deficit to a surplus next quarter should OPEC+ proceed with plans to boost supplies, data from the International Energy Agency showed.

August 13, 2024
BusinessPrivate

°®¶¹´«Ã½ Depot Trims Outlook for 2024

°®¶¹´«Ã½ Depot’s Q2 sales rose slightly as the retailer benefited from an $18 billion acquisition this spring, but customers continued to rein in spending.

August 13, 2024
GovernmentBusiness

US Wholesale Inflation Cooled in July

WASHINGTON — Wholesale price increases eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates.

August 13, 2024
GovernmentBusinessFuel

Marathon Investor Sues to Block ConocoPhillips Acquisition

A Marathon Oil Corp. shareholder sued to block its proposed acquisition by ConocoPhillips, claiming the $17 billion deal “significantly undervalues†the target company.

August 12, 2024
BusinessLogistics

What Is On-Time In-Full?

Learn what OTIF means, why it matters in logistics, and how it reflects delivery performance in this quick, insightful video.

August 12, 2024