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, Logistics, Global Freight

Georgia Ports Handled Record Number of Automobiles in 2023

SAVANNAH, Ga. — The Georgia Ports Authority said that it moved a record number of automobiles across its docks in Brunswick in 2023, while goods sent to Savannah in containers declined 16%.

January 30, 2024
Government, Business, Technology, Equipment, Logistics, Global Freight

Freight Elite Struggle to Hit Climate Goals as Demand Surges

Although there are signs of progress, the largest delivery companies have scaled back climate pledges and the industry isn’t keeping pace with climbing emissions from a global demand surge.

January 30, 2024
Government, Business, Fuel

Diesel Price Increase of 2.9¢ Lifts National Average to $3.867

The diesel price pendulum has swung forward this week with a 2.9-cent national average increase, according to data released Jan. 29 by the Energy Information Administration.

January 30, 2024
Business, Equipment

60 Seconds: How Trailer Wraps Boost Brand Recognition

Wrapped trailers turn the regular movement of #trucks into a unique marketing opportunity for companies.   

January 30, 2024
Business, Technology, Fuel

Fortescue Says Europe Can’t Compete as a Green Hydrogen Hub

High power costs will make most of Europe and Japan unattractive as hubs of green hydrogen production, according to the man leading Fortescue's drive to become a global supplier of the fuel.

January 30, 2024
Government, Business, Technology, Safety, Autonomous

NHTSA Capable of Regulating High-Tech Vehicles, Carlson Says

Outgoing NHTSA Administrator Ann Carlson discussed issues surrounding changing technologies, including Tesla's Autopilot, Cruise robotaxis and ARC Automotive's air bag inflators.

January 30, 2024
Government, Business, Technology, Fuel

Truck Makers Launch Zero-Emission Infrastructure Coalition

A coalition of truck manufacturers is launching a joint initiative to work with stakeholders to accelerate construction of charging infrastructure for medium- and heavy-duty ZEVs.

January 30, 2024
Business, Technology, Autonomous

GM’s Net Income Rose 12% in 2023 Despite Costly Strike

DETROIT — General Motors’ net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers’ strike.

January 30, 2024
Business, Logistics, For-Hire, Top 100

UPS to Cut 12,000 Jobs, Explore Sale of Coyote Amid Weak Q4

UPS Inc. is reducing its overall employee head count by 12,000 workers, which the company says will save more than $1 billion, citing higher labor costs and softening demand.

January 30, 2024
Business, Logistics

Logistics Startup Flexport Will Trim Hundreds More Jobs

Logistics startup Flexport Inc. plans to lay off hundreds of workers, according to a source — the company’s latest effort to reposition itself during a global shipping industry slowdown.

January 29, 2024