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.

GovernmentBusinessSafetyLogistics

Buttigieg Takes Railroads to Task on Safety

OMAHA, Neb. — Transportation Secretary Pete Buttigieg has reiterated his concerns about railroad safety and scolded the industry for not doing more to improve.

March 13, 2024
GovernmentBusiness

Biden Eyes Chinese Shipbuilding Subsidies as Tensions Simmer

President Joe Biden pledged to look into a petition from a group of unions asking his administration to review China’s subsidies for shipbuilders.

March 13, 2024
BusinessFuelLogistics

Cargill Looks to Use Sails on Cargo Ships to Burn Less Fuel

Commodities giant Cargill Inc. is looking to add wind-power capability on future cargo ships, after experimenting with sails that made a large vessel greener.

March 12, 2024
GovernmentBusinessFuel

Global Fuel Prices Are Surging With Supply Risks Ahead

Disruptions on the world’s major trade routes, refinery closures and resurgent demand are pushing up global fuel prices in the run-up to a U.S. presidential election.

March 12, 2024
BusinessTechnologyEquipmentFuel

Voltera Adds 19 Sites to Fleet Charging Portfolio

Charging infrastructure specialist Voltera secured a further 19 development sites to give it a total of 21, the company said. The company aims to double its portfolio by the end of the year.

March 12, 2024
BusinessLogisticsFor-Hire

TFI Buys Hercules Forwarding to Boost US LTL Operations

TFI International is to buy less-than-truckload carrier Hercules Forwarding Inc. for an undisclosed sum, it said.

March 12, 2024
BusinessEquipment

Continental Sees 2-4% Rise in CV Replacement Tire Sales

Continental AG expects North American commercial vehicle replacement tire sales to rise between 2% and 4% year-over-year in 2024, the German tire manufacturer said.

March 12, 2024
BusinessSafety

Mentorship Programs Help Truck Drivers Adjust to Daily Life

Many trucking companies offer mentorship programs for new drivers to help them navigate all the nuances of the trucking lifestyle that aren’t taught in a formal CDL training course.

March 12, 2024
GovernmentBusinessTechnology

Biden Administration Unveils EV Freight Charging Plan

The Biden administration is rolling out its plan for deploying electric vehicle charging and hydrogen fueling infrastructure on the nation’s freight corridors.

March 12, 2024
GovernmentBusinessTechnologyFuelTCA

San Diego Port Unveils Nation’s First All-Electric Tugboat

The nation’s first all-electric tugboat has docked at the Port of San Diego and expects to begin emissions-free operations in about a month.

March 12, 2024