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, Safety

Accident Litigation Expert: Beware the Nuclear Settlement

WASHINGTON — While nuclear verdicts in accident litigation are a major concern in the industry, it’s the nuclear settlements that litigation expert Steve Wood said are more problematic.

October 5, 2023
Business

Sustainability Through Fuel Economy Decisions

Program Aired: October 5, 2 p.m. ET MVT Solutions (a subsidiary of Mesilla Valley Transportation) shows the value of a good sustainability program and how it adds profits, saves time, and reduces GHG emissions at a faster rate. The simple 3-step process involves understanding the fleet, testing, and educated implementation. Done correctly, this turns a cost-center into a profit-center.  

October 5, 2023
Government, Business, Technology

Senators Propose EV Fee for Highway Trust Fund

Legislation to ensure electric vehicles contribute to a federal highway funding account was recently introduced in the U.S. Senate.

October 5, 2023
Government, Business, Technology, Autonomous

Truck Driver Study Outlines Distracted Driving Concerns

WASHINGTON — A truck driver study by the Virginia Tech Transportation Institute underscores what would seem to be a common-sense safety rule: Drivers should keep their hands on the wheel.

October 5, 2023
Business, Technology, Equipment, Safety, Logistics

Trucking Grapples With Evolving Cybersecurity Threats

The trucking and logistics sectors face an increasingly evolving cybersecurity landscape as more operations become integrated with computers.

October 5, 2023
Business, Technology, Safety, Logistics

FIATA Seeks to Deter Cyberattacks in Freight Forwarding

FIATA executives stressed that small and medium-size companies must prepare for cybersecurity threats before and after attacks because of a rise in electronic data-sharing.

October 5, 2023
Business, Equipment

Class 8 Orders Season Launches Below Year-Ago High Point

The North American Class 8 market kicked off the opening of order boards for next year with September figures below a prior-year surge, according to ACT Research.

October 5, 2023
Business, Technology, Equipment, Fuel

Nikola Celebrates Entry Into HFCEV Market

Hydrogen fuel cell electric vehicles will be delivered to customers within a few weeks, company says.

October 5, 2023
Business, Technology, Equipment

Rivian Plans to Issue $1.5 Billion in Convertible Debt

Rivian Automotive Inc. shares fell the most ever after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt.

October 5, 2023
Business, Logistics

Ryder Expands Multiclient Warehouse Footprint

Ryder System Inc. added a new distribution center in Aurora, Ill., as part of its ongoing efforts to expand its multiclient warehouse network, the company announced Oct. 5.

October 5, 2023