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

Tesla Boosts Pay for US Factory Workers

Tesla Inc. notified workers at its California car plant of pay increases across its U.S. factories, the latest bump by a nonunion automaker the United Auto Workers is trying to organize.

January 11, 2024
GovernmentBusinessTechnologyFuel

Biden Awards $623 Million to Build EV Charging Network

WASHINGTON — The Biden administration is awarding $623 million in grants to help build an electric vehicle charging network across the nation.

January 11, 2024
BusinessLogisticsTop 100

Werner Appoints Meisgeier as Its Next President

Company veteran Nathan Meisgeier joined Omaha, Neb.-based Werner Enterprises Inc. in 2005 and was promoted to the carrier's general counsel in 2016.

January 10, 2024
BusinessEquipmentLogistics

Prime Launches Hopper Division, Starting With 25 Trailers

Prime Inc. is launching a hopper business, as Transport Topics' 19th-ranked for-hire carrier expands its bulk transportation operations.

January 10, 2024
BusinessTechnologyEquipment

Range Eyes May Debut of Its Next Electric Trailers

LAS VEGAS — Range Energy is set to introduce the next iteration of its electrified dry van trailers in May, CEO Ali Javidan said Jan. 9.  

January 10, 2024
GovernmentBusinessFuelTCA

EV Subsidies Trimmed in California’s Proposed Budget Cuts

California Gov. Gavin Newsom has proposed significant cuts to clean energy and transportation programs designed to help the state confront the worsening effects of climate change.

January 10, 2024
BusinessEquipment

December Class 8 Orders Fall 12.5% After Short Rebound

North American Class 8 truck orders for December fell from the 2022 period and a short-lived rebound the previous month, according to ACT Research.

January 10, 2024
BusinessTechnologyAutonomousPrivate

Walmart Expands Rollout of Generative AI Search on App

Walmart Inc. opened up access to a generative artificial intelligence tool that allows shoppers to search for products by specific use cases rather than look up one item at a time.

January 10, 2024
BusinessTechnologyEquipmentFuel

Bosch Bets on Hydrogen for EV Trucking Future

LAS VEGAS — Bosch has gone all-in on hydrogen, seeing it as a key pathway to making trucking more sustainable, executives at the company explained Jan. 8 during CES 2024.

January 10, 2024
BusinessTechnology

Geely Cuts Volvo Stake but Says Will Stay Long-Term Investor

Volvo AB’s second-largest shareholder Geely confirmed it lowered its stake in the company by redeeming bondholders with the truck maker’s shares over the past months.

January 10, 2024