Trucking Business News

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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.

GovernmentBusinessSafety

Delaware Bridge Tolls to Rise 20% on Sept. 1

Tolls on Delaware bridges will increase by 20% for all types of vehicles starting Sept. 1 — the first such increase in 13 years — as the state seeks funding to pay for infrastructure improvements.

July 30, 2024
BusinessLogisticsBreaking News

Knight-Swift Buys Dependable Highway Express’ LTL Business

Knight-Swift Transportation Holdings on July 30 announced that it is acquiring the less-than-truckload operations of Dependable Highway Express.

July 30, 2024
BusinessTechnologySafetyAutonomous

Tesla Tester Nearly Crashes While Using ‘Full Self-Driving’

A Truist Securities analyst with a hold rating on Tesla’s stock wrote that he narrowly avoided a crash when he test-drove one of the carmaker’s vehicles and used its driver-assistance system.

July 30, 2024
BusinessFor-HireTop 100

TFI Eyes Large Truckload, LTL Acquisitions in 2025, 2026

TFI International’s ongoing acquisition spree is set to accelerate in 2025, with substantial truckload and less-than-truckload deals on the horizon, according to CEO Alain Bédard.

July 30, 2024
GovernmentBusinessTechnologySafetyLogisticsFor-HirePrivateGlobal Freight

FAA Clears Drone Companies to Operate in Shared Airspace

The FAA has cleared Wing and Zipline to fly their drones simultaneously over the suburbs of Dallas-Fort Worth without visual observers, using technology to keep the drones apart.

July 30, 2024
GovernmentBusinessSafetyLogisticsPrivateGlobal Freight

Amazon Deemed Responsible for Hazardous Third-Party Items

Amazon is responsible under federal safety law for hazardous products sold on its platform by third-party sellers and shipped by the company, a U.S. government agency ordered July 30.

July 30, 2024
GovernmentBusinessLogistics

Modernization Set for North Dakota-Canada Border Crossing

The U.S. General Services Administration has approved a two-year, multimillion-dollar modernization effort at a border crossing between North Dakota and Canada.

July 30, 2024
BusinessPrivate

ADM’s Profit Shrinks on Crop Market Downturn

Archer-Daniels-Midland Co.’s quarterly profit shrank more than expected as the grain trading giant faces a downturn in crop markets.

July 30, 2024
GovernmentBusinessTechnologySafety

Tesla Deploys Fix to 1.85 Million Cars After Hoods Fly Open

Tesla Inc. released a software update to 1.85 million cars in the U.S. to guard against its vehicles’ hoods flying open during driving.

July 30, 2024
BusinessFuel

BP to Hand Shareholders $7 Billion on Stock Buybacks

LONDON — Oil giant BP said it will reward shareholders to the tune of $7 billion this year through the purchase of its own stock, even as it reported a 30% decline in profits in the first half of 2024.

July 30, 2024