Eaton Corp. is preparing for the gradual transition of heavy-duty trucking away from diesel engines by integrating two segments of its operations.
August 31, 2023Trucking 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.
Eaton Merges Units in Preparation for Electrification Push
US Dedicates $12 Billion to Retrofit Auto Plants for EVs
The Biden administration is making up to $12 billion available for automakers to retrofit their facilities to make electric vehicles and hybrids.
August 31, 2023Panama Canal Congestion Threatens US Trucking
Panama Canal officials say limiting how many ships can go through the waterway could have downstream effects on U.S. trucking like slowdowns and bottlenecks.
August 31, 2023Economist Sees Challenges and Opportunity in 2024 and 2025
Higher interest rates are expected to slow inflation and the U.S. economy during the remainder of 2023 and into 2024, before the Federal Reserve reverses course and cuts interest rates.
August 31, 2023Amazon, Shopify Open Amazon Logistics Resources to Sellers
Amazon .com Inc. and Shopify Inc. have struck a deal to allow merchants who pay for Shopify’s e-commerce tools to use Amazon’s logistics network.
August 31, 2023Locomotive Manufacturer, Union Agree to End Two-Month Strike
Wabtec and its striking union workers have reached a tentative agreement that could end a two-month strike that saw about 1,400 people walk off the job at its Pennsylvania plant.
August 31, 2023Used Truck Market Can Likely Handle Yellow Liquidation
Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.
August 31, 2023Florida Starts to Recover as Idalia Rain Hits North Carolina
Florida has started to dig out from the aftermath of Idalia, which weakened to a tropical storm even as it brought heavy rain across Georgia and the Carolinas.
August 31, 2023Composite Use Cuts International SuperTruck II Mass by 60%
Navistar’s International SuperTruck II achieved a 60% reduction in weight compared with the baseline model due to a composite cab and trailer box, TPI Composites said.
August 30, 2023Trucking Urges Zero-Emission Approach That Goes Beyond EVs
Alternatives for reducing emissions that go beyond a federal regulatory push to expand use of battery-electric trucks exist for both near- and longer-term applications, experts said.
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