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.

BusinessTechnologyAutonomous

Uber Invests in Self-Driving Software Firm Wayve

Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.

August 29, 2024
GovernmentBusiness

US Economic Growth for Q2 Is Revised Up to 3% Annual Rate

WASHINGTON — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Aug. 29.

August 29, 2024
BusinessFuel

J.D. Power Cuts 2024 EV Sales Forecast in US by More Than 3%

As mainstream car buyers continue to shun electric vehicles, automotive researcher J.D. Power said Aug. 28 that battery-powered models will account for just 9% of sales in the U.S. this year.

August 28, 2024
BusinessLogistics

July Port Container Volumes Jump Amid Early Holiday Season

U.S. ports are reporting record gains for this time of year with volumes being boosted by school supplies and an earlier-than-normal peak shipping season.

August 28, 2024
GovernmentBusinessTechnologyFuel

CARB’s Biofuel Changes Raise Concern

American agriculture groups are decrying California’s planned 20% cap on U.S.-made canola- and soy-based biodiesel and renewable diesel that could tip the market toward foreign sources.

August 28, 2024
GovernmentBusinessTechnologyTCA

California Receives $150 Million for EV Charging Ports

U.S. officials awarded California nearly $150 million for the construction of more than 9,200 electric vehicle charging ports in an attempt to make zero-emission cars attractive to drivers.

August 28, 2024
GovernmentBusinessSafety

States Boost CDL Training to Tackle Local Driver Shortages

A handful of states are taking varied approaches to bolster the ranks of commercial truck drivers in the nation.

August 28, 2024
GovernmentBusinessLogistics

Train Movements in Canada Close to Normal

Train movements at Canadian National Railway and Canadian Pacific Kansas City are almost back to normal after a short lockout of unionized workers, according to data provider RailState.

August 28, 2024
BusinessTechnologyAutonomous

Polestar Names Ex-Nikola Chief Lohscheller as New CEO

Polestar named Michael Lohscheller its new CEO as the electric vehicle maker seeks to stem deepening losses and fix ongoing operational problems.

August 28, 2024
GovernmentBusinessTechnologySafetyAutonomous

Questions Grow About Safety of Tesla’s ‘Full Self-Driving’

Driver experiences and crashes involving Tesla's "Full Self-Driving" system have drawn the attention of federal regulators.

August 28, 2024