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.

BusinessEquipment

Allison Transmission Workers to Vote Jan. 16 on Labor Deal

Some 1,500 unionized employees at Allison Transmission Holdings are set to vote Jan. 16 on ratifying a revised labor agreement, the United Auto Workers union Local 933 said.

January 12, 2024
GovernmentBusinessSafetyLogisticsGlobal Freight

How the Red Sea Conflict Is Crimping Global Trade

The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.

January 12, 2024
BusinessEquipmentBreaking News

Class 8 Sales Fall for Fifth Consecutive Month in December

Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.

January 12, 2024
GovernmentBusinessLogistics

Port of Los Angeles Leader Outlines Ambitious Goals for 2024

With billions of federal, state and local dollars being spent at the nation’s ports, these critical economic engines are poised to accelerate efforts toward low- and zero-carbon emissions.

January 12, 2024
BusinessLogistics

PS Logistics Buys Buddy Moore Trucking

PS Logistics has acquired Buddy Moore Trucking, which is also based in Birmingham, Ala.

January 12, 2024
BusinessTechnology

Battery Plant Location Decision Nears for Paccar, Partners

LAS VEGAS — Paccar, Daimler and Cummins are nearing a decision on the location of a factory to produce lithium-iron phosphate batteries.

January 11, 2024
GovernmentBusinessTechnologyFuel

Ohio Law Bans State Adoption of California Emission Rules

In a slap to California, Ohio has a law taking effect in March banning agencies from adopting that state's emissions regulations and protecting the sale and use of diesel and gas vehicles.

January 11, 2024
GovernmentBusiness

Energy, Housing, Food Drive Slight Uptick in US Inflation

WASHINGTON — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target may remain a bumpy one.

January 11, 2024
GovernmentBusinessEquipmentLogistics

DOD Announces Delay in $17.9B Military Moving Contract

U.S. Transcom announced that an IT systems glitch is delaying implementation of a contract designed to improve the quality of moves for military members and their families. 

January 11, 2024
BusinessTechnologyEquipmentSafetyAutonomous

Autonomous Trucks Show Progress at CES

LAS VEGAS — The pathway toward large-scale commercialization of self-driving trucks became clearer at CES 2024 as tech startups unveiled upgrades to their autonomous driving systems.

January 11, 2024