North American Class 8 truck orders continued the trend of year-over-year gains in May, according to ACT Research.
June 6, 2024Trucking 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.
ABB Considers Sale of Some Electric Mobility Assets
ABB Ltd. is considering selling part of its e-mobility business, which includes electric vehicle charging stations worldwide, including the U.S.
June 6, 2024EV Taxi Startup Revel to Lay Off Drivers for Gig Model
Revel Transit, the New York-based electric vehicle ride-hailing startup, plans to lay off its driver employees and operate a gig-work model more akin to rivals Uber and Lyft.
June 6, 2024Used Truck Sales in April Jump 30% From Last Year
Used Class 8 truck sales in April increased 29.6% compared with the same period the prior year, ACT Research reported.
June 5, 2024UN Chief Wants Tax on Profits of Fossil Fuel Companies
GENEVA 鈥 U.N. Secretary-General Ant贸nio Guterres called June 5 for a 鈥渨indfall鈥 tax on profits of fossil fuel companies to help pay for the fight against global warming.
June 5, 202419 States Challenge California on Emissions Legal Activism
Alabama is leading a 19-state coalition suing California and four other states in the U.S. Supreme Court over state legal fights against energy companies.
June 5, 2024Correctional Program in Nebraska Celebrates First CDL Grads
Holding new CDLs, five men incarcerated in a work-release corrections center are the first such aspiring truck drivers in a program focused on their re-entry into society.
June 5, 2024Air Products Plans Calif. Hydrogen Truck Refueling Network
Industrial gas giant Air Products plans to build a network of commercial-scale, multimodal hydrogen refueling stations stretching from Northern California to Southern California.
June 5, 2024Report: Cargo Thefts Remained Unusually High in First Quarter
Verisk Analytics鈥 CargoNet reported that criminal activities impacting the logistics and transportation industry increased 46% year-over-year in the first quarter of 2024. Document forgery, in particular, has emerged as a new type of crime in cargo thefts. Story via Connor D. Wolf.聽聽
June 5, 2024Truck OEMs鈥 Battery Cell Group Hires Ford Exec Kearns as CEO
Kel Kearns is slated to be the CEO at the commercial vehicle battery cell manufacturing joint venture set up by Accelera by Cummins, Daimler Trucks & Buses U.S. Holding and Paccar Inc.
June 5, 2024Trending
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