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.

GovernmentBusiness

Senate Republicans Push Back on Overtime Rule

Efforts to chip away at acting Secretary Julie Su’s agenda at the Department of Labor remain a priority for congressional Republicans.

July 10, 2024
GovernmentBusinessTechnology

Construction Begins on Truck Battery Cell Manufacturing Plant

Construction of Amplify Cell Technologies’ battery cell manufacturing plant in Marshall County, Miss., has begun, the joint venture among Accelera, Daimler Trucks and Paccar said.

July 10, 2024
BusinessPrivate

ADM Taps 3M CFO as Troubled Trader Seeks Return to Normalcy

Archer-Daniels-Midland Co. — working to put an accounting scandal behind it — has hired a 3M Co. executive to oversee its finances and help restore its credibility with shareholders.

July 10, 2024
BusinessTechnology

Trucking Fleets List Operational Costs as Top 2024 Priority

The trucking industry cited total cost of ownership as its top concern for 2024, Shell Fleet Solutions and NAFA Fleet Management Association found in a survey June 27.

July 10, 2024
BusinessLogistics

REPLAY: Navigating the Truck Parking Issue

Ensuring that professional drivers have access to ample truck parking is not merely a matter of convenience – it’s both a safety issue and a productivity issue. Lisa Mullings, president and CEO of NATSO, joins Seth Clevenger to discuss the truck parking issue, the future of truck stops and her takeaways from a recent ride-along with a professional truck driver.

July 10, 2024
GovernmentBusinessSafety

Secretary Pete Buttigieg Promotes Truck Parking

WASHINGTON — Following a hearing with House lawmakers, Secretary Pete Buttigieg said enhancing parking availability for commercial vehicles remains central to his department’s agenda.

July 10, 2024
BusinessTechnologyAutonomous

Flying Taxi Startup Lilium Close to Saudia Order

Lilium NV is close to selling 100 electric flying taxis to Saudi Arabia’s state-owned airline, formalizing a framework deal arranged in late 2022.

July 10, 2024
GovernmentBusinessFuel

OPEC Data Shows Oil-Cut Laggards Still Exceeding Limits

Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.

July 10, 2024
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Says Its Carbon Emissions Fell in 2023

Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.

July 10, 2024
BusinessEquipment

Yokohama Said to Hold Talks for Goodyear’s OTR Tire Business

Yokohama Rubber Co. is in advanced talks to buy Goodyear Tire & Rubber Co.’s off-the-road tire business for at least $1 billion, according to people familiar with the matter.

July 10, 2024