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, Fuel

Marathon to Shut Third-Largest US Oil Refinery After Fire

Marathon Petroleum Corp. is in the process of shutting the third-largest oil refinery in the U.S. after a blaze at a storage tank.

August 25, 2023
Business, Equipment, Safety

NTDC Rewind: Notes, Quotes and Anecdotes

Behind the scenes at the 86th edition of the National Truck Driving Championships, several stories unfolded. Here's a look back at some of our favorites.

August 25, 2023
Business

United Auto Workers Clear Path to Strike If Talks Fail

The United Auto Workers gave union leaders permission to call a strike against the biggest U.S. carmakers if they fail to agree on a new contract before Sept. 15, a procedural formality that sets the stage for three weeks of tough negotiations.

August 25, 2023
Government, Business, Logistics, TCA

Port of Savannah Adds Four Ship-to-Shore Cranes

A heavy lift cargo ship delivered four Super Post-Panamax ship-to-shore cranes to the Port of Savannah’s Garden City Terminal.

August 25, 2023
Government, Business, Technology, Safety

Railroads Resist Joining Safety Hotline

OMAHA, Neb. — The freight railroads say a disagreement over whether they will be allowed to discipline some workers who use a safety hotline has kept them from joining the program.

August 25, 2023
Business, Technology

Workers Win Raises at GM Ultium Cells Battery Plant

DETROIT — Unionized workers at a General Motors joint venture electric vehicle battery plant will see pay raises while they continue to negotiate a contract, if they ratify an interim deal.

August 25, 2023
Business, For-Hire

Yellow’s Terminals: Analysts Expect More Bids

Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.

August 24, 2023
Government, Business, Safety

Stakeholders Dissect Truck Parking Challenges

Freight stakeholders have many ideas for how to address the trucking industry’s shortage of safe truck parking, but all agree it’s not an easy challenge.

August 24, 2023
Government, Business, Equipment

ATA, Freight Leaders Press Congress on Excise Tax Repeal

When they return from their August recess, congressional policymakers should begin the process of repealing a tax on the purchase of new trucks, freight stakeholders indicated recently.

August 24, 2023
Business, Logistics, For-Hire

Yellow’s Shutdown Opens Up LTL Market for Competitors

The Yellow Corp. shutdown is having a downstream effect on the less-than-truckload space as freight volumes flow toward competitors.

August 24, 2023