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

Excitement Builds for Mack's Medium-Duty Electric Truck

Mack Trucks and Kriete Truck Centers discussed the encouraging signs they’re hearing from customers about the upcoming rollout of Mack's first medium-duty electric truck.

September 28, 2023
Business, Technology, Logistics, Autonomous

Uber Freight Adds AI Tools to Better Compete in Cargo Market

The freight unit of Uber Technologies has tapped its vast data files to create an AI tool that can predict late shipments — and make suggestions for alternative routes.

September 28, 2023
Government, Business, Technology, Equipment, Fuel

Hyzon to Pay $25 Million Fine After Settling With SEC

Hyzon Motors will pay a $25 million fine to the U.S. Securities and Exchange Commission after an investigation, the Class 8 hydrogen-powered truck manufacturer said.

September 28, 2023
Business, Technology, Equipment

AGCO to Buy Trimble Assets for $2 Billion to Boost Farm Tech

AGCO Corp., one of the world’s largest agricultural tractor makers, will acquire technology assets from Trimble for $2 billion to boost its offerings in the precision agriculture market.

September 28, 2023
Government, Business

Q2 GDP Remains Steady at 2.1% Growth

WASHINGTON — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Sept. 28.

September 28, 2023
Business, Technology, Safety, Logistics, Autonomous

Trimble Continues Quest to Improve Connectivity in Trucking

Trimble is seeking to streamline industry workflows and forge closer connections among drivers, trucks, carriers, shippers and logistics providers.

September 27, 2023
Government, Business, Fuel

Carter Express Helps Nestlé Go Green With EV Yard Tractors

Two electric trucks from Carter Express Inc. went into operation at Nestlé’s production plant in Indiana thanks to a state grant for $600,000 covering most of the green supply chain project.

September 27, 2023
Government, Business, Logistics

N.J. Wants Faster Action by Feds on Congestion-Pricing Suit

New Jersey accused the U.S. Department of Transportation of stalling its lawsuit challenging federal approval of New York City’s controversial congestion-pricing plan.

September 27, 2023
Government, Business, Equipment, Safety

N.C. School to Build Truck Driver Training Area

High demand for truckers in North Carolina is behind Guilford Technical Community College’s plans to open a $4.35 million driver training facility funded by state and federal grants.

September 27, 2023
Government, Business, Safety

Truck Parking Projects on Docket, Secretary Buttigieg Says

Increasing parking availability for the nation’s truck drivers remains high on the U.S. Department of Transportation’s agenda, Secretary Pete Buttigieg indicated recently.

September 27, 2023