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.

BusinessLogisticsTop 100

RXO Faces Revenue Decline, Net Loss in Q2

The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $7 million, or 6 cents a diluted share.

August 7, 2024
GovernmentBusinessSafety

Wisconsin ‘Trooper in a Truck’ Event Promotes Safety

Wisconsin State Patrol troopers and the Wisconsin Motor Carriers Association recently held their third annual Trooper in a Truck safety campaign to tackle distracted driving.

August 7, 2024
GovernmentBusinessTechnologySafety

NHTSA Seeks Information From Tesla on Fatal Cybertruck Crash

DETROIT — Federal safety authorities say they are seeking information on a crash and fire involving a Tesla Cybertruck that killed a driver of the futuristic new pickup.

August 7, 2024
GovernmentBusinessTechnologySafety

Watch: Biden’s ‘Infrastructure Decade’ Becoming More Concrete

From coast to coast, a $1 trillion bipartisan infrastructure package is breathing life into long-awaited transportation projects.

August 7, 2024
BusinessTechnologyEquipment

Daimler Truck Reports 4% Revenue Decline in Q2

The German truck manufacturer posted a net profit of $860 million, or $1.01 per share, for the three months ending June 30.

August 7, 2024
BusinessTechnologyFuelTCA

Lack of Standard Training for EV Techs Perpetuates Shortage

There’s an aggressive push for more electric vehicle chargers and technicians to work on them, but a problem remains: There’s no nationwide standard for training those technicians.

August 7, 2024
BusinessEquipment

Continental Gains After Car-Parts Returns Turn Positive

Continental AG shares rose after improving returns at its struggling car-parts unit, which the German company may spin off in its biggest-ever restructuring.

August 7, 2024
BusinessLogisticsGlobal Freight

Maersk CEO Seeks New M&A Deals After Dropping Schenker Bid

A.P. Moller-Maersk A/S is looking for new acquisition targets after recently walking away from what would have been its biggest ever deal, the CEO said.

August 7, 2024
BusinessTechnologyBreaking 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 7, 2024
BusinessEquipmentFuel

Rivian Holds to Annual Production Goal Unchanged Since 2023

Rivian maintained its full-year vehicle production target and profit-making goal, a sign the electric vehicle maker is filling orders on schedule after retooling its assembly lines.

August 6, 2024