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.

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September 1, 2023
Business, Equipment, Logistics

Comprehensive Guide On In-House Vs Outsourced Maintenance

Deciding between bringing fleet maintenance in-house versus outsourcing is a pivotal one that could significantly affect your operations. We've put together a guide to help you evaluate the pros and cons of each strategy within the context of your business.

September 1, 2023
Government, Business, Technology, Fuel

Think Tank Urges DOT to Begin National VMT Fee Pilot

A Washington think tank is encouraging the federal government to proceed with a legislatively mandated national pilot program to explore the viability of a vehicle-miles-traveled fee.

September 1, 2023
Government, Business, Technology, Safety, Autonomous, TCA

Driverless Trucks Face Regulatory Opposition in California

If California's Assembly Bill 316 becomes law, driverless trucks won’t be able to drive down state highways without a human driver present until at least 2031.

September 1, 2023
Business, Technology

Hyundai, LG Invest $2 Billion More Into Georgia Battery Plant

Hyundai Motor Group and LG Energy Solution say they will spend an additional $2 billion and hire an extra 400 workers to make batteries at the automaker’s Georgia EV plant under construction.

September 1, 2023
Government, Business, Equipment

UAW Slams Automakers’ Slow Bargaining, Files Labor Complaint

The United Auto Workers union says it has filed unfair labor practice complaints against Stellantis and General Motors for failing to make counteroffers to the union’s economic demands.

September 1, 2023
Government, Business

Labor Market Still Resilient, Adds 187,000 Jobs in August

The nation’s employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed.

September 1, 2023
Business, Logistics

Barge Freight Rates Surge as Mississippi River Levels Drop

The cost to transport America’s harvest from the Midwest to the rest of the world is soaring as shrinking water levels on the Mississippi River drive up barge freight rates.

August 31, 2023
Business, Logistics, For-Hire

UPS Offers Buyouts to 167 Pilots as Air Cargo Slumps

UPS Inc. is offering a voluntary severance package for 167 pilots amid a slump in air freight volume.

August 31, 2023
Government, Business, Equipment

Action Sought Against China for Chassis, Container Practices

Lawmakers and trucking industry stakeholders are speaking out about what they view as unfair trade practices supported by China that are hampering domestic manufacturing efforts. 

August 31, 2023