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, Logistics

USDOT Announces $1.5 Billion in Infrastructure Grants

The U.S. Department of Transportation recently announced the availability of grants designed to advance big-ticket infrastructure projects along commercial and commuter corridors.

December 5, 2023
Business, Technology, Equipment

Danish Union Takes Action Against Tesla in Nordic Solidarity

The labor conflict against Tesla in Sweden is spreading to neighboring Denmark where the country’s largest trade union said Dec. 5 they will take action in solidarity with Swedish workers.

December 5, 2023
Government, Business, Technology, Fuel

Hydrogen Industry Raises Alarm Over Leaked Tax Credit Rules

A leaked draft of Treasury Department rules for hydrogen tax credits in President Joe Biden’s climate law is drawing warnings from advocates that they may stifle the burgeoning industry.

December 5, 2023
Business, Technology

GM’s All-Electric Pledge Hinges on Demand, CEO Barra Says

General Motors Co.’s pledge to have an all-electric fleet by 2035 hinges on consumer acceptance, Chief Executive Officer Mary Barra said.

December 5, 2023
Business, Technology, Safety

REPLAY: How Drivers & Fleets Are Adopting In-Cab Technology

The integration of onboard technology is increasingly seen as pivotal to fleet safety. However, driver acceptance is contingent on clear communication about privacy and transparency.

December 5, 2023
Government, Business, Fuel

Diesel Price Falls to $4.092 in Sixth Consecutive Drop

The national average diesel price fell another 5.4 cents this week to creep ever closer to the $4 mark, according to the Energy Information Administration.

December 4, 2023
Government, Business, Technology, Safety, Autonomous

Cruise Could Face Fines for Allegedly Misleading Regulators

Cruise, the self-driving vehicle unit of General Motors, could face a fine for allegedly misleading regulators about an incident in which one of its cars dragged a pedestrian.

December 4, 2023
Government, Business, Logistics

Georgia Officials Laud Plastic Express Expansion Near Port

Georgia Gov. Brian Kemp said Plastic Express will build a facility near the Port of Savannah in an $80 million project that will create 200 jobs while expanding its operations in the state.

December 4, 2023
Government, Business, Logistics

Virginia Wins $59.9 Million Logistics Expansion in Norfolk

Virginia Gov. Glenn Youngkin said that a Belgium-based international logistics provider’s subsidiary is expanding its footprint in the state at its Norfolk facility.

December 4, 2023
Government, Business, Logistics, TCA

Illinois 3 Connector Plan Gets Mixed Reception for Freight

Plans for a new highway connector from Illinois 3 in Fairmont City to Illinois 203 in Madison, Ill., are designed to improve traffic flow and help with logistics and industrial development.

December 4, 2023