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.

Business, Equipment, Fuel, Logistics

Bettaway Launches EV Tractor Rollout to Support Arizona Tea

Bettaway Supply Chain Services entered the electric vehicle space with the introduction of two all-electric yard tractors Sept. 26 to support its logistics operations in New Jersey.

September 29, 2023
Business, Technology, Equipment, Fuel

Nikola Celebrates Entry Into HFCEV Market

COOLIDGE, Ariz. — Nikola celebrated the commercial launch of its hydrogen fuel cell electric vehicles with 900 of its customers, suppliers and supporters at its manufacturing facility Sept. 28.

September 29, 2023
Government, Business, Fuel

Biden Plans Three Auctions of Offshore Drilling Rights

The Biden administration released plans Sept. 29 to hold three auctions of offshore drilling rights over the next five years — part of what it cast as an effort to phase down oil leasing in favor of clean energy.

September 29, 2023
Government, Business, Fuel

Plunging US Oil Supply Is Driving Up Prices Around the World

Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East to Europe.

September 29, 2023
Business

UAW Adds Two More Strike Sites, Idling 7,000 Workers

DETROIT — The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a GM factory near Lansing, Mich.

September 29, 2023
Government, Business, Logistics

Moving and Storage Executives Descend on Washington

Several dozen executives from the moving and storage sector recently spent a day in the halls of Congress to discuss key issues with about 60 lawmakers or their staffs.

September 28, 2023
Business, Technology, Equipment, Fuel

Daimler Fuel Cell Truck Completes Long-Distance Run

BERLIN — Daimler Truck demonstrated the potential for a fuel cell-powered truck by completing an approximately 650-mile run with its Mercedes-Benz GenH2 cabover model in its native Germany.

September 28, 2023
Business, Equipment

Used Class 8 Sales Rise 4.65% in August

Used Class 8 truck sales rose 4.65% in August to 22,500 from 21,500, the first year-over-year increase since November, according to the latest data from ACT Research.

September 28, 2023
Business, Technology, For-Hire

Heartland Express Deploys Isaac In-Cab Technology

Truckload carrier Heartland Express has deployed Isaac Instruments’ in-cab telematics system across its fleet, the companies said in a joint announcement.

September 28, 2023
Business

UAW Targets 30% Wage Bump to Satisfy Workers, Grow Members

The United Auto Workers union wants to emerge from its strike against Detroit’s three major automakers with at least a 30% pay raise, according to people familiar with the matter.

September 28, 2023