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.

GovernmentBusiness

California Trucking Association Ends AB 5 Legal Fight

The California Trucking Association is ending its yearslong legal battle against the state’s controversial AB 5 worker reclassification law.

August 28, 2024
GovernmentBusinessSafetyLogistics

FRA Report Says BNSF Safety Held Back by Industry Issues

BNSF is generally striving to improve safety, but that message doesn’t always reach workers who often don’t feel comfortable reporting safety concerns, according to an assessment.

August 28, 2024
BusinessFuel

Exxon Seeks to Sell Conventional Permian Assets for $1B

Exxon Mobil Corp. is looking to sell a package of conventional oil assets in the Permian Basin as the company focuses on growing shale production.

August 27, 2024
GovernmentBusinessLogistics

Panama Canal Eases Limits That Caused Shipping Bottleneck

The Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalize after a severe drought.

August 27, 2024
GovernmentBusinessSafetyTCA

Key Bridge Insurer Pays Maryland Agency $350 Million

The Maryland Transportation Authority received a $350 million insurance payout from Chubb, the Key Bridge’s insurer, to be applied to cleanup and rebuilding the span that collapsed in March.

August 27, 2024
BusinessTechnologyEquipmentLogisticsTCA

Peterbilt 579 EV to Transport Honda Vehicles in Alabama

A Peterbilt 579 EV developed to transport newly built Honda vehicles from the company’s Lincoln, Ala., plant was unveiled Aug. 26 after a yearslong development process.

August 27, 2024
GovernmentBusinessTechnology

Port of Seattle Investigates Cyberattack at Airport

SEATTLE — An apparent cyberattack disrupted internet, phones and other systems at Seattle-Tacoma International Airport for a third day as Port of Seattle officials worked to restore service.

August 27, 2024
GovernmentBusinessPrivate

Kroger-Albertsons Deal Heads to Court With Food Price Focus

Kroger Co. and Albertsons Cos. are finally getting their day in court. Nearly two years after the acquisition was announced, the grocery giants on Aug. 26 started a federal court hearing in Portland, Ore., on the U.S. Federal Trade Commission’s bid to block the $24.6 billion deal.

August 26, 2024
BusinessFor-Hire

Estes Purchases Seven Former Yellow Terminals

Estes has closed on lease purchases for seven terminals across the country that used to belong to the defunct carrier Yellow Corp., the company announced Aug. 22.

August 26, 2024
GovernmentBusinessFuel

US Oil Dominance Hinges on Quiet Corner of New Mexico

Two New Mexico counties accounted for 17% of all onshore oil output in the contiguous U.S. last year.

August 26, 2024