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.

BusinessEquipmentTCA

GM Names New Chiefs for North America, Global Buick, GMC

General Motors Co. on Aug. 9 announced a series of leadership changes, including new heads for North America and of the Buick and GMC brands globally.

August 9, 2024
BusinessEquipmentSafety

Road to NTDC Spotlight: Rick Cates

Rick Cates likes to say the moment he arrived at the National Truck Roadeo more than five decades ago, he knew he was home. He'll renew his annual homecoming later this month at NTDC.

August 9, 2024
GovernmentBusinessTechnology

CHIPS Act Turns 2, Stays on Track

The Biden administration is nearly finished dividing up $39 billion in grants under the CHIPS and Science Act, the landmark legislation aimed at revitalizing the semiconductor industry.

August 9, 2024
GovernmentBusinessFor-Hire

Trucking Insurance Concerns Go Beyond High Premiums

Although high premiums have been a top concern, industry leaders and state regulators have taken action to curb other insurance challenges that greatly affect the industry at large.

August 9, 2024
GovernmentBusinessSafety

How Carriers Are Taming Insurance Costs

Insurance costs have been ­steadily increasing post-COVID amid high inflation, increased labor and equipment costs, and larger settlements. Here's what fleets are doing to combat them.

August 9, 2024
GovernmentBusinessTechnologyAutonomous

WeRide May Seek Up to $400 Million in US IPO, Placement

China’s WeRide Inc. is seeking as much as $400 million in a U.S. initial public offering and concurrent private placement, people familiar with the matter said.

August 9, 2024
BusinessLogisticsPrivateGlobal Freight

Amazon Tests Speedy Delivery Service Featuring Kia Souls

Amazon.com Inc. has deployed a new secret weapon in its same-day delivery operation: a convoy of Kia Souls.

August 8, 2024
BusinessTechnologyFuelLogisticsPrivate

Pipeline Firms in Talks With Data Centers About Gas Supply

Energy Transfer and Williams Cos. are talking to data center operators about building pipelines directly to their facilities to fuel on-site power plants as the centers prepare for a boom in AI.

August 8, 2024
BusinessEquipment

Class 8 Truck Orders Stumble Again in July

ACT preliminary data showed orders fell 13% to 13,400 units. They also experienced a drop of 8% from the previous month.

August 8, 2024
GovernmentBusiness

Fleets Balance Risk and Reward in Truck Lease Agreements

Industry leaders advise that if structured fairly, truck lease-purchase agreements can be vital to the trucking industry.

August 8, 2024