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, Technology

Electrify America Navigates Patchwork of Rates, Regulations

Electrify America Director of Energy Services Jigar Shah is in charge of navigating a wide range of rates charged by more than 200 electric utilities in areas where the company has stations.

September 18, 2023
Business, Fuel, Global Freight

Big Emissions Bills Are Coming for Ships Sailing in Europe

The maritime industry will join the European Union's Emissions Trading System in January, meaning big ships will start paying for carbon emissions.

September 18, 2023
Government, Business, Logistics

Low Mississippi River Limits Barges

DES MOINES, Iowa — Hot, dry weather has left the Mississippi River so low that barge companies are reducing their loads just as Midwest farmers are preparing to send corn and soybeans downriver.

September 18, 2023
Government, Business, Safety, Logistics

Norfolk Southern CEO Promises to Keep Improving Safety

Norfolk Southern’s CEO pledged to continue working to improve safety after a consultant recommended making sure that safety is truly a priority at all levels.

September 15, 2023
Government, Business, Equipment

Court Approves Timeline for Sale of Yellow Terminals

A bankruptcy court on Sept. 15 approved a timeline for the sale of shuttered less-than-truckload carrier Yellow Corp.’s terminals, trucks and trailers, making some key dates public for the first time.

September 15, 2023
Business, Technology, Equipment, Fuel

Quantron to Bring Hydrogen Fuel Cell Trucks to Europe, US

AUGSBURG, Germany — Quantron plans to bring a fuel cell-powered Class 8 tractor to the North American market next year.

September 15, 2023
Business, Fuel

Analysts: Diesel Price Augurs Carrier Casualty Acceleration

Soaring diesel prices are likely to push more trucking companies out of business, especially smaller carriers, after casualties already spiked in the first two-thirds of the year.

September 15, 2023
Government, Business, Equipment

Biden Sends Top Aides to Detroit to Help With Auto Strike

WASHINGTON — President Joe Biden on Sept. 15 dispatched two of his top aides to Detroit to help resolve the strike by unionized autoworkers.

September 15, 2023
Business, Logistics, Top 100

Estes Express Offers $1.525 Billion for Yellow Terminals

Estes Express Lines upped the ante in the fight for 169 terminals owned by bankrupt Yellow Corp. ahead of a key Sept. 15 hearing, filing a revised stalking horse bid, court documents show.

September 15, 2023
Business, Equipment, Top 100

Steep Used Truck Price Depreciation Returned in August

August saw a return to a relatively steep depreciation in the price of used Class 8 trucks, according to J.D. Power's  Chris Visser, although some of the details are yet to fully materialize.

September 15, 2023