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.

BusinessFuel

Exxon Move May Delay Chevron-Hess Merger

Hess Corp. signaled its $53 billion agreement to be bought by Chevron Corp. may be delayed after ExxonMobil filed for arbitration to preserve its rights to a massive oil discovery off Guyana.

March 7, 2024
GovernmentBusinessTechnology

SuperTruck Project Propels Real-World Gains, OEMs Say

NEW ORLEANS — Participants in the SuperTruck program detailed how the initiative has propelled development of technologies that advance efficiency improvements for everyday trucks.

March 7, 2024
GovernmentBusinessEquipmentLogistics

Truckers Hail New FMC Rule on Overseas Container Fees

The Federal Maritime Commission has issued a final ruling to simplify international container billing practices in a move hailed by truckers.

March 7, 2024
BusinessEquipment

Continental Faces Tough Auto Unit Overhaul in Slowing Market

Continental AG declined as the company embarks on a deep overhaul of its underperforming auto components business in a slowing vehicle market.

March 7, 2024
GovernmentBusinessSafetyFuel

25 States File Suit to Block EPA Rule on Soot Pollution

WASHINGTON — A new EPA rule that sets tougher standards for deadly soot pollution faced a barrage of legal challenges March 6, as 25 Republican-led states filed lawsuits seeking to block it.

March 6, 2024
GovernmentBusiness

ATA, Hill Republicans Continue to Oppose Julie Su

Following a Senate committee’s approval of Acting Labor Secretary Julie Su’s nomination to lead the department, congressional Republicans renewed their opposition efforts.

March 6, 2024
BusinessTechnologyEquipmentFor-HirePrivate

PepsiCo, Estes Express Earn Sustainability Pathfinder Awards

NEW ORLEANS — Transport Topics has presented its inaugural Sustainability Pathfinder awards to PepsiCo and Estes Express in recognition of efforts to curb emissions and eliminate waste.

March 6, 2024
BusinessTechnologySafetyLogistics

Anchor From Houthi-Sunk Ship May Have Severed Red Sea Cables

The anchor of a cargo ship that was attacked by Houthi militants was the most likely cause of damage to three telecommunications cables in the Red Sea in late February.

March 6, 2024
BusinessTechnology

Schuier Carries on Family Tradition With Trucking Career

NEW ORLEANS — Amanda Schuier — installed as the 65th chairman of the Technology & Maintenance Council on March 5 —  is a fourth-generation trucking industry professional.

March 6, 2024
GovernmentBusinessFuel

Schumer Calls on FTC to Probe Wave of Oil Company Mergers

Senate Majority Leader Chuck Schumer called on the Federal Trade Commission to open a full investigation into a wave of acquisitions in the oil and gas industry, arguing that the consolidation threatens competition and could lead to higher prices.

March 6, 2024