Trucking Business News

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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.

GovernmentBusiness

Trucking Workforce Declines but Overcapacity Remains

The trucking industry has for months remained mired in sustained overcapacity relative to freight demand even as it has slowly shed workers, federal data shows.

June 13, 2024
GovernmentBusinessLogistics

Defense Bill Proposes GAO Review of Moving Contract

The House is considering a must-pass annual defense policy bill that includes a review of a new moving contract and security enhancements for trucks at military bases and installations.

June 13, 2024
GovernmentBusinessSafety

Report Details Philadelphia Crash That Destroyed I-95 Bridge

HARRISBURG, Pa. — Gasoline spilled out from an unsecured hatch on the top of the gasoline delivery tanker that overturned and ignited beneath an Interstate 95 bridge in Philadelphia a year ago.

June 13, 2024
GovernmentBusinessTechnologySafety

US House Committee Prepares for Cargo Theft Fight

The U.S. House Appropriations Committee called for a new task force to fight cargo thefts in a funding bill report June 3.

June 13, 2024
BusinessEquipmentFuel

ETruck Sees Hybrid-Converted Semis Arriving by End of 2024

ETruck Transportation expects to begin producing powertrains that turn Class 8 diesel trucks into hybrid battery-electric vehicles by the end of 2024, according to a senior executive.

June 13, 2024
GovernmentBusinessLogistics

Port of Los Angeles Imports Fell 4.5% in May

Imports at the Port of Los Angeles remained above the pre-pandemic peak in the first five months of 2024 despite ticking down in May compared to a year before.

June 13, 2024
BusinessTechnologyEquipment

Developer Uptake Launches Tire Air Pressure Management Tool

Analytics specialist Uptake is set to launch a product suite intended to aid carriers’ tire management and improve fuel efficiency.

June 13, 2024
BusinessFuel

Honda Launches Long-Awaited Electric Van Starting at $15,550

Honda will launch its long-awaited electric van in October, starting at $15,550, as it pushes forward with its decarbonization goals despite a slowdown in electric vehicle sales.

June 12, 2024
BusinessTechnologySafety

Software to Allow Fleets to Make Sure Drivers Buckle Up

A software tool launching in the third quarter of 2024 is set to allow carriers to make sure drivers are buckled up before they set off, the developer said.

June 12, 2024
BusinessEquipmentBreaking News

US Class 8 Sales Fall 18% in 10th Straight Month of Declines

U.S. Class 8 retail sales hit their 10th consecutive month of year-over-year shortfalls in May, according to data from Wards Intelligence.

June 12, 2024