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, Fuel

Less Volatility in Diesel Prices Expected in 2024

Motor carriers can expect lower prices and less volatility at diesel pumps in 2024, according to experts. 

January 9, 2024
Business, Fuel

Berkshire Settles Pilot Travel Sale Claims on Eve of Trial

Berkshire Hathaway has avoided trial by settling allegations it violated the terms of its buyout of Pilot Travel Centers by changing the accounting methods used to value part of the deal.

January 8, 2024
Business, Technology, TCA

VinFast Names Vietnam’s Richest Billionaire New CEO

VinFast, the Vietnamese electric carmaker building a multibillion-dollar factory in North Carolina, has replaced its CEO and CFO in the company's latest executive shuffle.

January 8, 2024
Government, Business, Safety, Logistics, Global Freight

Shipping Shows Signs of Panic as Houthis Menace Trade Lane

Container shipping is set to face a crunch ahead of the Lunar New Year holiday as Houthi attacks in the Red Sea restrict capacity, a major industry consultant said. 

January 8, 2024
Business, Technology, Equipment, Fuel

Nikola Showcases Hydrogen Fuel Cell EV at CES

LAS VEGAS — Nikola Corp. showcased the range and maneuverability of its hydrogen fuel cell electric truck Jan. 7 during a test ride at CES 2024.

January 8, 2024
Business, Technology

Daimler Truck Deputy Chair Wary of 15% Cost Savings Target

Daimler Truck Holding is not likely to achieve the 15% reduction in operating costs, investment and research and development expenditures it’s targeting by 2025, its deputy chairman said.

January 8, 2024
Business, Technology, TCA

Stellantis Sales Drop 1% in 2023; Plug-In Hybrids Up

Stellantis NV reported a 1% U.S. sales decline in 2023, the company said Jan. 3. The automaker sold 1.527 million new vehicles last year, down from about 1.547 million sold in 2023.

January 8, 2024
Business, Logistics, Top 100, TCA

Penske Logistics Names Jeff Jackson President

Penske Logistics has named Jeff Jackson president, succeeding Marc Althen, who is retiring. A longtime Penske leader, Jackson has more than 28 years' experience in transportation.

January 5, 2024
Government, Business, Technology, Safety, Autonomous

Driverless Truck Companies Hoping to Ditch Human Copilots

Driverless trucks with no humans on board will soon cruise Texas highways if three firms have their way despite objections from critics who say finances, not safety, is behind the timetable.

January 5, 2024
Business, Top 100, TCA

Groendyke Transport Names Joe Morrissey President

Groendyke Transport, which has operated for more than 90 years, announced Jan. 4 that Joe Morrissey has been named president.

January 5, 2024