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.

GovernmentBusinessSafety

Secretary Pete Buttigieg Promotes Truck Parking

WASHINGTON — Following a hearing with House lawmakers, Secretary Pete Buttigieg said enhancing parking availability for commercial vehicles remains central to his department’s agenda.

July 10, 2024
BusinessTechnologyAutonomous

Flying Taxi Startup Lilium Close to Saudia Order

Lilium NV is close to selling 100 electric flying taxis to Saudi Arabia’s state-owned airline, formalizing a framework deal arranged in late 2022.

July 10, 2024
GovernmentBusinessFuel

OPEC Data Shows Oil-Cut Laggards Still Exceeding Limits

Key OPEC+ nations Iraq, Kazakhstan and Russia continue to pump above output limits intended to shore up global oil prices, the group’s data showed.

July 10, 2024
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon Says Its Carbon Emissions Fell in 2023

Amazon.com Inc. says its carbon emissions fell for a second straight year in 2023 as the company cut spending on new warehouses and cloud-computing data centers.

July 10, 2024
BusinessEquipment

Yokohama Said to Hold Talks for Goodyear’s OTR Tire Business

Yokohama Rubber Co. is in advanced talks to buy Goodyear Tire & Rubber Co.’s off-the-road tire business for at least $1 billion, according to people familiar with the matter.

July 10, 2024
BusinessTechnologyEquipmentFuel

Report Finds Opportunities, Obstacles for Electric Vehicles

The trucking industry is seeing more opportunities to deploy electric vehicles despite obstacles that still must be overcome, according to a July 9 report by NACFE and RMI.

July 10, 2024
BusinessLogisticsFor-Hire

UPS Names Brian Dykes New CFO

UPS Inc. named a company veteran to be its new chief financial officer after the parcel giant’s former finance leader left the company last month to focus on his health.

July 9, 2024
BusinessTechnologySafetyAutonomous

Driverless Car Hits Person Crossing Against Light in China

BEIJING — A driverless ride-hailing car in China hit a pedestrian, and people on social media are taking the carmaker’s side because the person was reportedly crossing against the light.

July 9, 2024
BusinessSafety

FedEx Freight’s Rogers Wins Colorado’s Top Prize

Colorado grand champion Tyler Rogers of FedEx Freight is eager to again accept the challenge of competing at the National Truck Driving Championships in the sleeper berth class.

July 9, 2024
GovernmentBusinessPrivate

Kroger, Albertsons Unveil Stores to Be Divested Before Trial

Kroger Co. released the full list of stores, distribution centers and plants it plans to divest to secure regulatory approval for the proposed merger with Albertsons Cos.

July 9, 2024