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.

BusinessTechnologyEquipmentFuel

Report Finds Opportunities, Obstacles for Electric Vehicles

The trucking industry is seeing more opportunities to deploy electric vehicles despite obstacles that still must be overcome, according to a July 9 report by NACFE and RMI.

July 10, 2024
BusinessLogisticsFor-Hire

UPS Names Brian Dykes New CFO

UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.

July 9, 2024
BusinessTechnologySafetyAutonomous

Driverless Car Hits Person Crossing Against Light in China

BEIJING — A driverless ride-hailing car in China hit a pedestrian, and people on social media are taking the carmaker’s side because the person was reportedly crossing against the light.

July 9, 2024
BusinessSafety

FedEx Freight’s Rogers Wins Colorado’s Top Prize

Colorado grand champion Tyler Rogers of FedEx Freight is eager to again accept the challenge of competing at the National Truck Driving Championships in the sleeper berth class.

July 9, 2024
GovernmentBusinessPrivate

Kroger, Albertsons Unveil Stores to Be Divested Before Trial

Kroger Co. released the full list of stores, distribution centers and plants it plans to divest to secure regulatory approval for the proposed merger with Albertsons Cos.

July 9, 2024
BusinessEquipment

Foreign Carmakers Outproduce Detroit Brands in US

Foreign-owned manufacturers churned out more vehicles in the U.S. last year than their rivals in Detroit, a first for the market that underscores major shifts in domestic auto production.

July 9, 2024
BusinessEquipment

Daimler Truck North America Q2 Sales Fall 4.7% Year-on-Year

Daimler Truck North America sold 48,230 vehicles in the second quarter of 2024, a 4.7% decrease compared with 50,618 trucks and buses in the same period in 2023.

July 9, 2024
GovernmentBusinessTechnology

Entek Poised to Get $1.2 Billion US Loan

The Biden administration is poised to lend $1.2 billion to Entek Lithium Separators to help expand the U.S. supply chain for lithium-ion batteries used in electric vehicles.

July 9, 2024
GovernmentBusinessFuel

Diesel Price Rises 5.2¢ to $3.865

The national average diesel price rose 5.2 cents to $3.865 in its fourth consecutive increase, according to Energy Information Administration data released July 8.

July 8, 2024
GovernmentBusinessLogistics

Canadian Border Agency Staff Ratifies Labor Agreement

Unionized Canadian border agency staff members have ratified a tentative collective bargaining agreement.

July 8, 2024