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.

GovernmentBusinessLogistics

Cargo Processing in Texas Improved at Del Rio Land Port

Better processing of commercial vehicles by the U.S. Customs and Border Protection in Texas at the Del Rio Port of Entry is resulting from a small donated infrastructure project.

January 18, 2024
BusinessTechnologyEquipmentFuel

Nikola Advances Hydrogen Refueling Infrastructure Buildout

Nikola Corp. has taken steps forward in building refueling infrastructure for its Class 8 Tre hydrogen fuel cell electric tractors.

January 18, 2024
GovernmentBusinessFuelLogistics

Port of Long Beach CEO Cordero Details Upcoming Projects

Port of Long Beach officials were upbeat about prospects for the facility even as its 2023 performance was down 12.2% year-over-year.

January 18, 2024
BusinessEquipment

Trailer Orders Continue Sequential Improvements in December

U.S. trailer orders continued to improve sequentially despite falling well below their year-ago numbers in December, according to ACT Research.

January 18, 2024
Business

Update: Port of LA Leader Outlines 2024 Goals

"The Port of Los Angeles ranks as the nation’s No. 1 container port,” Gene Seroka emphasizes. In the annual State of the Port address, the executive director detailed his vision for the port regarding economic growth and environmental actions. 

January 18, 2024
GovernmentBusinessLogistics

Panama Canal’s Drought Traffic Dip Could Cost $700 Million

PANAMA CITY — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes.

January 18, 2024
BusinessFuelLogistics

Deep Freeze Forces US LNG Exporters to Cancel, Delay Cargoes

The recent freeze across Texas and Louisiana disrupted scheduled exports of U.S. liquefied natural gas, temporarily tightening some supply of the heating and power-plant fuel.

January 18, 2024
BusinessEquipment

Goodyear Names Stellantis’ Mark Stewart as CEO

Goodyear Tire & Rubber Co. named Stellantis NV executive Mark Stewart as CEO following a pressure campaign by shareholder activist Elliott Investment Management.

January 18, 2024
GovernmentBusinessSafetyFuelLogistics

States Waive HOS for Fuel Deliveries Amid Severe Weather

Governors from several states have issued emergency proclamations waiving federal hours-of-service requirements for truckers carrying fuel, to prevent shortages in extreme weather.

January 18, 2024
BusinessLogistics

Court Approves Sale of 23 Yellow Leased Terminals

The U.S. Bankruptcy Court for the District of Delaware approved the sale of 23 terminal leases owned by Yellow Corp. to six bidders for an aggregate price of $82.89 million, documents show.

January 17, 2024