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

Inflation Eased Slightly in September

WASHINGTON — Measures of U.S. inflation in September showed that the pace of price increases is still grinding lower, though at a slow and uneven pace.

October 12, 2023
Business, Equipment, Breaking News

Class 8 Sales Fall in September for Second Consecutive Month

Class 8 retail sales in September fell from the year-ago period for the second straight month, declining 3.2%, Wards Intelligence reported.

October 11, 2023
Business, Equipment

UAW Members Walk Out at Ford Kentucky Truck Plant

Ford Motor Co. became the latest strike target for the United Auto Workers after members walked out of its largest plant, a highly profitable pickup factory in Kentucky.

October 11, 2023
Business, Equipment, Fuel

Tesla Taps European Stainless Steel Producer for Cybertruck

Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter.

October 11, 2023
Business

KAG Acquires Liquid Bulk Carrier Idaho Milk Transport

Kenan Advantage Group has acquired Idaho Milk Transport, the company announced Oct. 11. The deal expands KAG's reach in the Pacific Northwest. 

October 11, 2023
Business, Logistics, TCA

Port of Savannah Seeks to Deepen Shipping Lane Again

SAVANNAH, Ga. — Just 18 months after crews finished the $1 billion dredging of the Savannah River channel, the Georgia Ports Authority wants to study deepening the shipping lane again.

October 11, 2023
Business, Equipment

Navistar Relaunches Financial Services Retail Capabilities

Truck maker Navistar announced Oct. 4 that its financial services business is reintroducing retail capabilities to serve truck and bus customers.

October 11, 2023
Government, Business

ATRI Top Issues, Spear State of the Industry Lead MCE Agenda

American Trucking Associations’ annual Management Conference & Exhibition in Austin will showcase insight, perspective and analysis meant to boost understanding about the industry.

October 11, 2023
Business, Technology, Equipment, Fuel

Shell Starship 3.0 Demo Runs Produce Lower Emissions

Shell announced the results from demonstration runs of its Shell Starship 3.0 truck that included a reduction of energy usage and carbon emissions.

October 11, 2023
Business, Technology, Equipment

China’s CATL, BYD Dominate EV Battery Market

Chinese companies are expanding their share of the U.S. and European electric car battery markets thanks to lower prices, cementing their domination of the industry globally.

October 11, 2023