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.

GovernmentBusinessTechnologyFuel

Hydrogen Company Plug Power Closes In on $1.6 Billion Loan

Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.

January 23, 2024
BusinessLogistics

New Landstar Facility to Focus on Owner-Operators

Landstar has started construction on a new field operations center in Crawfordsville, Ind., the company announced Jan. 18. The facility will be built with owner-operators in mind.

January 23, 2024
BusinessEquipment

Paccar Delivers 54% Jump in Q4 Profit, Record Revenues

Truck maker Paccar saw profits jump 54% year-over-year in the fourth quarter of 2023 on the back of record revenues and a double-digit jump in U.S. and Canadian truck deliveries.

January 23, 2024
BusinessEquipmentFuelAutonomous

Volvo Unveils Redesigned Flagship Class 8 VNL Tractor

Volvo Trucks North America launched a revamp of its flagship over-the-road Class 8 VNL tractor Jan. 23, the first major overhaul since a 2017 redesign.

January 23, 2024
GovernmentBusiness

Group Releases 2023-2024 Top Judicial ā€˜Hellholes’ Report

Civil courts in Georgia and Pennsylvania have tied as the nation’s top ā€œJudicial Hellholesā€ listed in a new 2023-24 report, primarily due to large nuclear verdicts and other events.

January 23, 2024
BusinessEquipmentSafety

60 Seconds: States Issue Emergency HOS Waiver for Fuel Deliveries

Extreme cold weather prompts efforts to prevent shortages. Although some states issued orders several days ago that soon expire, others with longer duration emergency orders are Alabama, Arkansas, Indiana, Mississippi, Missouri, Nebraska, New York, North Carolina, South Dakota and Tennessee.Ā 

January 23, 2024
GovernmentBusinessLogisticsTCA

Port NOLA Project Gets $226 Million in Federal Grant

WASHINGTON — The planned $1.8 billion Louisiana International Terminal project in St. Bernard Parish was awarded a $226 million grant Jan. 22 from the U.S. Department of Transportation.

January 23, 2024
BusinessLogisticsBreaking News

Truck Tonnage in December Dips 0.5% Year-Over-Year

Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.

January 23, 2024
BusinessEquipmentFuel

Love’s, DTNA Roll Out Freightliner Maintenance Network

Love’s Travel Stops and Daimler Truck North America have begun rolling out a maintenance network for light mechanical repairs on the truck maker’s Freightliner-branded vehicles.

January 23, 2024
BusinessEquipment

Truck Sales at Navistar’s International Unit Rise 9% in 2023

Sales of International-branded trucks totaled 75,500 in 2023, up 9% compared with 2022, the original equipment manufacturer’s parent company said Jan. 22.

January 23, 2024