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, Equipment, Safety

Truck Drivers Who Fail Drug Tests: Where Are They Going?

FMCSA's  Drug and Alcohol Clearinghouse is taking drivers caught using drugs off the roads. However, several thousand remain in prohibited driving status after failing their drug tests.

October 11, 2023
Business, Fuel

Exxon Mobil to Purchase Pioneer Natural for $59.5 Billion

Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.

October 11, 2023
Government, Business, Fuel

Diesel Price Drops 9.5¢ to $4.498 a Gallon

The national average diesel price swung back down after last week’s mild uptick, shedding 9.5 cents to reach $4.498 a gallon, according to Energy Information Administration data Oct. 9.

October 10, 2023
Business, Equipment

Canadian Auto Workers End Strike After Tentative Deal With GM

TORONTO — General Motors and the union representing Canadian auto workers reached a tentative contract agreement Oct. 10, ending a strike that began just after midnight.

October 10, 2023
Government, Business, Logistics

Canada Invests $150 Million in Container Terminal in Quebec

Canada will invest up to $150 million to build a new container terminal for the Montreal Port Authority in Contrecoeur, Quebec, to increase national supply chain capacity.

October 10, 2023
Government, Business, Technology, Equipment

Volvo Trucks Says SuperTruck II Exceeds Efficiency Goals

Volvo Trucks North America said that its fuel efficient SuperTruck II significantly outperformed freight and fuel efficiency goals.

October 10, 2023
Government, Business, Equipment, Fuel, Logistics, Perspective

Perspective: The Past Year Has Proven the Value of Trucking

Four decades in trucking have shown me how much opportunity this industry creates.

October 10, 2023
Government, Business, Logistics

Two N.C. Community Colleges Expand Reach of CDL Training

In a partnership, one North Carolina community college is sharing its resources with another to help get more people trained for truck driving careers.

October 10, 2023
Government, Business, Safety, Logistics

House Lawmakers Unveil Supply Chain Bill

Legislation designed to strengthen operations along domestic supply chains was recently introduced in the U.S. House of Representatives.

October 10, 2023
Business, Private

PepsiCo Boosts Forecast as Sales Withstand Ozempic Threat

PepsiCo Inc. says appetite-suppressing drugs haven’t affected sales of its snacks and sodas, though the company is focused on package size as it aims to reach its raised annual forecast.

October 10, 2023