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.

BusinessEquipment

Motion Industries Expands in Houston With New Center

Motion Industries, a provider of vehicle maintenance, repair and parts, will open a new service center in Houston in September.

August 29, 2024
Business

Nippon Steel to Boost Capital Commitment to US Steel Plants

HARRISBURG, Pa. — Nippon Steel Corp. raised its capital commitment Aug. 29 by more than $1 billion to spend on U.S. Steel’s plants.

August 29, 2024
BusinessLogistics

What Is NMFC (National Motor Freight Classification)?

Learn what NMFC means in freight shipping and how it standardizes freight classes and pricing. Watch the video to see how it impacts logistics decisions.

August 29, 2024
BusinessSafetyLogistics

Tornado Derails 43 BNSF Train Cars in North Dakota

STEELE, N.D. — Strong winds knocked nearly four dozen train cars off a track in North Dakota, part of a storm system that spurred reports of five tornadoes across the Dakotas.

August 29, 2024
BusinessTechnologyTCA

GM Moves BrightDrop Electric Vans to Chevrolet Brand

General Motors Co. is bringing its BrightDrop electric commercial vans under the Chevrolet brand in an effort to expand sales beyond delivery companies.

August 29, 2024
GovernmentBusinessLogistics

Canadian Rail Operations Back on Track After Work Stoppage

Canadian railway operations have resumed after a brief work stoppage, following government intervention in an ongoing labor dispute.

August 29, 2024
GovernmentBusinessSafety

Trucking Reacts to DEA Proposal to Downgrade Marijuana

A DEA proposal to downgrade marijuana from the most serious category of federal drug offenses to a lesser category has drawn more than 43,000 comments from groups and individuals.

August 29, 2024
BusinessSafetyFor-HireTop 100

Truck Driver Pay Drops 7.4% in Q2 as Freight Keeps Slumping, Reports Say

The trucking industry continued to experience a decline in driver compensation during the second quarter, with much of that led by lackluster starting pay.

August 29, 2024
BusinessFuel

Shell Set to Cut 20% of Jobs in Some Oil and Gas Divisions

Shell is set to cut around 20% of its workforce in some oil and gas exploration and development divisions as CEO Wael Sawan works to boost efficiency and profitability.

August 29, 2024
GovernmentBusinessTechnologySafety

NTSB Update Highlights Questions About Remote-Control Trains

The CSX worker who discovered his friend run over by a pair of remote-control locomotives last year sees a simple solution to preventing similar deaths in the future: two-person crews.

August 29, 2024