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.

Government, Business, Technology, Safety

Coalition Sues CARB Over Emission Report Mandates

California is being sued over its new emission laws mandating that companies there and out of state report their supply chain emissions and mitigation efforts.

February 8, 2024
Business, Logistics, For-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

February 8, 2024
Government, Business, Technology, Equipment

Republican Lawmakers Target FHWA Rule

Senior Republicans are seeking to undo emissions targets the Federal Highway Administration is requiring of state transportation agencies.

February 8, 2024
Business, Technology, Logistics

RXO Closes First Full Year as Company With Q4 Results

RXO closed out its first full year as a stand-alone company by reporting fourth-quarter earnings gains on a year-over-year revenue decline, the company detailed Feb. 8.

February 8, 2024
Government, Business, Technology, Equipment

Congressional Republicans Continue EV Pushback

Senior congressional Republicans called on GOP leaders in the House and Senate to deny funding that would be used to advance proposals associated with electric vehicles.  

February 8, 2024
Business

Update: Yellow Repays $700M Pandemic-Era Loan to Treasury Dept.

The auction of Yellow's assets is continuing as sales of the bankrupt carrier's terminals are funding debt repayments. 

February 8, 2024
Business, Equipment

January Class 8 Truck Orders Start 2024 Strong

North American Class 8 truck orders started off the year strong with January figures increasing from the year-ago period, according to ACT Research.

February 8, 2024
Government, Business

FMCSA: FTC Proposal Should Include Truck Towing Provisions

FMCSA filed comments in support of an FTC proposed rule banning junk fees that trucking regulators have argued should include provisions to mitigate predatory truck towing.

February 8, 2024
Government, Business, Safety, Logistics, TCA

Planned Savannah Private Port Terminal Stokes Traffic Fears

SAVANNAH, Ga. — The planned SeaPoint marine terminal east of downtown Savannah is spurring concerns about port-related traffic overwhelming the streets and rail tracks in the area.

February 8, 2024
Government, Business, Safety, Logistics

Shipping Officials: Supply Chain Equipped to Deal With Attacks

The world’s critical shipping lanes are facing a group of modern-day “Barbary pirates” with the recent violence in the Red Sea, according to Federal Maritime Commissioner Carl Bentzel.

February 8, 2024