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.

BusinessTechnologyEquipment

Westport Fuel Systems Q1 Loss Widens; Sales Fall, Costs Rise

Losses at Westport Fuel Systems Inc. widened in the first quarter of 2024 on the back of weaker revenue and inflationary cost increases.

May 13, 2024
BusinessFuel

Proxy Firm: Hess Investors Should Abstain on Chevron Vote

Chevron Corp.’s $53 billion deal to acquire Hess Corp. suffered a blow May 13 when a leading shareholder adviser urged investors to abstain from voting for the deal.

May 13, 2024
BusinessTechnologyAutonomous

GM’s Cruise to Resume Robotaxi Tests in Phoenix This Week

General Motors’ troubled Cruise autonomous vehicle unit said May 13 that it will start testing robotaxis in Arizona this week with human safety drivers on board.

May 13, 2024
BusinessTechnologyLogistics

What Is Sustainable Transportation?

Understand sustainable transportation: reducing emissions, conserving energy, using renewable resources, and fostering supply chain transparency here.

May 13, 2024
BusinessEquipmentFor-Hire

TFI Buys Quebec-Based Truckload Carrier in Fourth 2024 Deal

TFI International acquired Quebec-based specialized truckload carrier Transport MJ Lavoie for an undisclosed sum, its fourth purchase so far in 2024.

May 13, 2024
GovernmentBusiness

House Republicans Tell Julie Su to Step Down

House Republicans questioned Julie Su’s capacity to serve as acting labor secretary and criticized department rules regarding the status of independent contractors at a May 1 hearing.

May 13, 2024
GovernmentBusinessTechnologySafetyAutonomous

Smarter Vehicles Could Mean Big Changes for Traffic Lights

As cars and trucks get smarter and more connected, the humble lights that have controlled the flow of traffic for more than a century could also be on the cusp of a major transformation.

May 13, 2024
BusinessEquipment

Volkswagen Reported to Eye Traton Stock Sale

Volkswagen AG is exploring the sale of as much as $1.1 billion of stock in Traton SE, taking advantage of the truck maker’s surging price to increase the number of shares available for trading.

May 13, 2024
Business

60 Seconds: New Truck Parking Lot in Florida to Add 120 Spots by 2026

Orlando-to-Tampa corridor on Interstate 4 currently has just 90 spots for the 18,000 trucks passing through daily. 

May 13, 2024
Business

Update: April Class 8 Truck Orders Increase YOY

March is the only month that hasn't shown a year-over-year increase in Class 8 truck orders. 

May 13, 2024