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

Housing Starts Fall as Multifamily Projects Tumble

Housing starts decreased 0.5% last month to a 1.35 million annualized rate, according to government data released Oct. 18, after a big rebound in construction in August.

October 18, 2024
GovernmentBusiness

Presidential Race Is Too Close to Call, Karl Rove Says

NASHVILLE, Tenn. 鈥 This presidential election is a once-in-a-generation contest that will be decided over key policy issues, political strategist Karl Rove told trucking executives.

October 17, 2024
BusinessEquipment

Oklahoma Woman Wins the Last Peterbilt Model 389x Built

NASHVILLE, Tenn. 鈥 An Oklahoma woman won Rush Truck Centers鈥 sweepstakes to give away the last Peterbilt Model 389x produced.

October 17, 2024
BusinessTechnologyFuel

Northvolt Close to $300M Deal to Address Cash Flow Issues

A combination of shareholders, lenders and customers are participating in the bridge funding, and the instruments vary among these groups, a source said.

October 17, 2024
BusinessTechnologyEquipmentFuelLogistics

EV Manufacturer Revoy Unveils Ryder as First Customer

Revoy revealed Ryder System as the first customer for the Bay Area startup鈥檚 electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.

October 17, 2024
GovernmentBusinessLogisticsTCA

Ports of Indiana Announces Expansion and New Partnership

JEFFERSONVILLE, Ind. 鈥 Ports of Indiana, in partnership with Superior River Terminals Indiana, has launched 鈥淚ndiana River and Rail Terminals,鈥 the largest general cargo operation on the Ohio River.

October 17, 2024
BusinessSafety

Meijer, Ohio Trucking, DDC Win Awards for Industry Advocacy

NASHVILLE, Tenn. 鈥 The Mike Russell Trucking Image Award is given annually to those that demonstrate the industry鈥檚 essential nature, professionalism and commitment to safety.

October 17, 2024
BusinessFuel

LNG Tanker Glut Is Softening Blow for Consumers

Ships that carry LNG are being built faster than new supplies of the fuel can come to market, helping to lower transport costs and cushioning consumers from paying more for energy this winter.

October 17, 2024
BusinessEquipmentLogistics

Study: Tighter Intermodal Chassis Regulation Enforcement Needed

Policy changes would be an impractical solution to making the drayage and intermodal chassis market more efficient, according to a recently published study.

October 17, 2024
GovernmentBusinessTechnologyEquipmentFuel

PACT, Utilities Team Up to Speed ZEV Infrastructure Buildout

The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. 鈥淲e can present a united front,鈥 he said.

October 17, 2024