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.

Business, Fuel

BP Oil Refinery in Indiana Resumes Operations

WHITING, Ind. — BP’s sprawling oil refinery in northwest Indiana has resumed normal operations more than six weeks after a power outage prompted the energy giant to temporarily shut down.  

March 19, 2024
Business, Technology, Equipment, Fuel

Demand for Electric Power Takeoff Systems Is Growing

The power takeoff unit, a staple of thousands of vocational work trucks across dozens of industries, is on the verge of a makeover, as more operators are finding benefits in electric systems.

March 19, 2024
Government, Business, Fuel

Biden Drops Mileage Score for EVs in Bid to Spur Sales

The Biden administration is setting a new estimate of the fuel efficiency of electric vehicles meant to better reflect the real world and further drive sales of emission-free cars.

March 19, 2024
Business, Logistics, Breaking News

Tonnage Numbers Mixed for February

Truck tonnage recorded a 12th consecutive decline in February while managing a month-to-month gain, a mixed result for an industry seeking signs of an emergence from its freight recession.

March 19, 2024
Business, Technology, Equipment

Struggling Battery Factory Is Behind GM’s EV Problems

General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises CEO Mary Barra made five years ago. It still has a long way to go.

March 19, 2024
Government, Business, Technology, Logistics, For-Hire

Aerolane Seeks to Use Freighter Planes to Pull Cargo Gliders

Aerolane is testing a business plan to pull cargo gliders with small freighter planes.

March 19, 2024
Government, Business, Safety, Logistics

House Democrats Press Freight Rail Safety

Senior Democrats on the transportation committee in the U.S. House are calling on their colleagues to advance rail safety measures.

March 18, 2024
Business, Fuel

Exxon Open to Dialogue With Chevron Over Guyana, CEO Says

Exxon Mobil is open to talking to Chevron about its proposed takeover of Hess as the oil giants spar over the deal’s implications for a massive offshore oil project in Guyana.

March 18, 2024
Business, Technology

60 Seconds: Biden Administration Unveils EV Freight Charging Plan

A blueprint for establishing electric vehicle charging infrastructure for commercial trucks was recently announced by a multi-agency initiative. 

March 18, 2024
Government, Business, Logistics

Canada to Raise Capacity at Port of Thunder Bay

Canada is investing C$6.7 million from its National Trade Corridors Fund on two projects to improve and increase capacity at the Port of Thunder Bay, a key grain transport hub.

March 18, 2024