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, Fuel

BP CEO Looney Quits Over Past Relationships With Colleagues

BP Plc CEO Bernard Looney has resigned over the failure to fully disclose past relationships with colleagues.

September 12, 2023
Business, Logistics

Panama Canal Says Shipping Congestion Will Last Into 2024

The operator of the Panama Canal said there鈥檚 no immediate prospect of relief from the drought that鈥檚 reduced water levels and snarled shipping and global supply chains.

September 12, 2023
Business, Logistics, TCA

Wabtec Denies Charges of Anticompetitive Behavior

Progress Rail has accused Wabtec Corp. of violating antitrust laws and contractual agreements after acquiring GE Transportation in 2019.

September 12, 2023
Business, Technology, Private, TCA

Walmart Now Offers Late-Evening Delivery, Pickup

Walmart is now offering express home delivery until 10 p.m. on orders placed by 9:30 p.m. so that 鈥渓ast-minute needs are delivered to your doorstep just in time,鈥 the company said.

September 12, 2023
Government, Business, Technology, Logistics

Cashless Tolling Is Coming to Kansas Turnpike in 2024

A massive Kansas Turnpike Authority project will update its 1950s tolling system by replacing 21 toll plazas with overhead gantry cameras and transponder sensors.

September 12, 2023
Business, Equipment

Analyst: Truck Demand to Beat Expectations

Sentiment is growing that U.S. demand for Class 8 trucks in 2024 is likely to be better than expected, according to an analyst at the FTR Transportation Intelligence Transportation Conference.

September 12, 2023
Government, Business, Technology, Autonomous, TCA

California Governor Gets Bill on Humans in Autonomous Trucks

The California Senate passed a bill Sept. 11 mandating human drivers behind the wheel of autonomous trucks on state highways for at least the next five years. Will the governor sign it?

September 12, 2023
Business, Logistics, For-Hire

UPS CEO Carol Tom茅 Outlines Challenging Year Ahead

UPS Inc. will pay out the biggest portion of its new labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, CEO Carol Tom茅 said.

September 12, 2023
Business, Technology, Logistics, Private

Amazon Service Lets Merchants Deliver to Physical Stores

Amazon.com Inc. is offering a new service that will let its 2 million merchant partners deliver inventory directly to physical retail stores and warehouses.

September 12, 2023
Government, Business, Fuel

Clean Fuel Demand Pushing Biofuel Growth

U.S. biofuel production is burgeoning in the race to meet federal and state government mandates to lower heavy truck emissions.

September 11, 2023