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.

BusinessTechnologyEquipmentLogistics

Uber Freight Unveils Pilot for New Scheduling API

Uber Freight is piloting a new scheduling application programming interface that aims to foster seamless communication across its network, the company announced Feb. 5.

February 5, 2024
BusinessFor-Hire

Auto Stoppages Push P.A.M. Transportation Into Red in Q4

Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.

February 5, 2024
GovernmentBusinessFuel

Diesel Price Rises 3.2¢ to $3.899 a Gallon

The national average diesel price bumped up 3.2¢ to $3.899 a gallon, according to Energy Information Administration data for the week of Feb. 5.

February 5, 2024
GovernmentBusinessSafety

FMCSA to Delay Heavy Truck Speed Limiters Proposal Until May

The Federal Motor Carrier Safety Administration is delaying until May a controversial proposal to require speed limiters on heavy-duty trucks, according to a regulatory update.

February 5, 2024
BusinessFor-Hire

Saia Targets Further Expansion Via $1 Billion in 2024 Capex

Saia Inc. expects 2024 to be another year of significant expansion after picking up business and terminals following the implosion of less-than-truckload rival Yellow Corp., executives said.

February 5, 2024
GovernmentBusinessFuel

Canada, Colorado Form Hydrogen Development Partnership

Colorado Gov. Jared Polis and Alberta province’s premier, Danielle Smith, signed a memorandum of understanding to help the state reach its 100% carbon-free emissions goal by 2040.

February 5, 2024
BusinessEquipmentFuel

Ambac Aftermarket Rebrands as Zillion Heavy Duty Parts

Ambac Aftermarket announced it has rebranded as Zillion Heavy Duty Parts, and the Elgin, S.C.-based company said the division plans to become a stand-alone company this year.

February 5, 2024
GovernmentBusinessSafetyLogisticsTCA

San Diego Freight Trains Keep Running Despite Landslide Risk

Freight trains, unlike passenger trains, have resumed running across the tracks beneath a San Clemente, Calif., landslide that continues to threaten San Diego County’s only rail link with the rest of the United States.

February 5, 2024
BusinessTechnology

Stellantis Chairman Tamps Down Speculation of Merger

Stellantis NV is focused on executing its business plans in key markets including Italy and isn’t considering a plan to merge with other manufacturers, Chairman John Elkann said.

February 5, 2024
GovernmentBusinessSafetyFuel

Red Sea Danger Spurring Global Oil Buyers to Go Local

The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.

February 5, 2024