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, Technology, Equipment, Fuel, Autonomous

Battery Maker Clarios Expands Low-Voltage Systems

Global battery supplier Clarios is expanding its engineering capabilities and developing new technologies to meet the shifting power demands of modern vehicles.

September 5, 2023
Business, Technology

ZF Develops EV Motor That Cuts Out Rare Earth Materials

MUNICH — Automotive supplier ZF Group announced it has developed an electric vehicle motor that eliminates the need for rare earth materials without sacrificing performance.

September 5, 2023
Government, Business, Logistics

Montana Seeks Longer Canadian Border Hours for Trucks

Montana’s Wild Horse border crossing into Canada must remain open 24 hours to handle higher truck traffic, declared a letter to President Joe Biden and Prime Minister Justin Trudeau.

September 5, 2023
Government, Business, Safety

Commerce Grant to Help Fund CDL Training at Georgia College

The U.S. Department of Commerce has awarded $742,180 to help a Georgia technical college pay for a concrete practice driving area for commercial driver license candidates.

September 5, 2023
Government, Business, Fuel

Saudi Arabia, Russia Plan to Extend Oil Cut Through Year-End

DUBAI, United Arab Emirates — Saudi Arabia and Russia agreed Sept. 5 to extend their voluntary oil production cuts through the end of this year.

September 5, 2023
Business, Technology

UAW Shows Confrontational Style as Strike Deadline Looms

The demands that a more combative United Auto Workers union has pressed on General Motors, Stellantis and Ford are edging it closer to a strike when its contract ends Sept. 14.

September 5, 2023
Business, Technology, Fuel

Chevron Buys Land for Possible New Facility Outside Houston

Chevron Corp. bought a plot of land the size of almost 60 football fields just outside of Houston in preparation for what could become a new research-and-development campus.

September 5, 2023
Business, Equipment, For-Hire

Trimac Acquires Two More Carriers, Continues to Shop

Trimac Transportation Ltd. has purchased two North American bulk haulage carriers in the past few weeks, and has plans to accelerate its ongoing buying spree.

September 1, 2023
Business, Technology

Recruiting Top Drivers: 3 Tips From NTDC Champ Gragg Wilson

It’s no secret that driver churn is one of the biggest challenges facing the trucking industry. With demand remaining high, qualified drivers always have the opportunity to seek greener pastures — some fleets report annual turnover rates as high as 90%. More than just a scheduling headache, the constant fluctuation can be costly.

September 1, 2023
Business, Logistics

Maximize Email Efficiency Through AI

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September 1, 2023