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.

BusinessEquipment

Daimler Truck Takes Chinese JV Write-Down, Cites Weak Sales

Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.

July 17, 2024
BusinessEquipment

June Medium-Duty Sales Decline 9% Year-Over-Year

U.S. retail sales for medium-duty trucks declined year-over-year in June, according to data from Wards Intelligence.

July 17, 2024
BusinessTechnologyEquipmentFuelTCA

Alternative Powertrain Might Unlock US EV Market

An alternative vehicle powertrain called an EREV that’s booming in China might hold the answer to encouraging Americans to adopt electric cars and trucks.

July 17, 2024
GovernmentBusinessLogisticsGlobal FreightTCA

Port of Baltimore Terminal to Have $1.54B Impact, Study Finds

The planned Sparrows Point terminal is expected to transform Maryland’s economy over a decade, generating more than 8,000  jobs and adding $1.54 billion a year in economic impact.

July 17, 2024
GovernmentBusinessSafety

NHTSA Denies Petition for Rear Underride Guard Improvements

NHTSA has denied a petition from four individuals asking it to further toughen existing U.S. rear underride guard requirements to a level beyond the strict levels in place in Canada.

July 17, 2024
BusinessTechnologyFuel

Sodium-Ion Battery Startup Peak Sparks Lithium Alternative

Startup Peak Energy received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to lithium-ion technology.

July 17, 2024
GovernmentBusinessSafety

Biden Administration Grants $5 Billion for Aging Bridges

Dozens of aging bridges in 16 states will be replaced or improved with the help of $5 billion in federal grants announced July 17 by President Joe Biden’s administration.

July 17, 2024
GovernmentBusinessTechnologyEquipmentSafetyAutonomous

FMCSA, NHTSA Delay Posting of Significant Rulemakings

Regulators are delaying until 2025 a supplemental heavy-duty truck speed limiter proposed rule, an automatic emergency braking final rule and a proposed new truck driver seizure standard.

July 16, 2024
GovernmentBusinessLogistics

CBP OKs Ports of Indiana Plan for Ocean Container Terminal

Creation of Lake Michigan’s first international container terminal serving the Chicago area is underway since CBP officials approved a Ports of Indiana-Burns Harbor plan.

July 16, 2024
BusinessTechnologyFor-Hire

Leonard’s Express Eyes Planning Boost With Optimal Dynamics

Leonard’s Express will begin deploying Optimal Dynamics’ load planning and dispatch software starting in August, executives said July 16.

July 16, 2024