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.

BusinessLogisticsTCA

Port of Portland to End Terminal 6 Cargo Container Handling

The Port of Portland will shut down its cargo container handling operation at North Portland’s Terminal 6, saying an effort to lease the site to a third-party operator had fallen through.

April 16, 2024
GovernmentBusinessEquipmentSafetyLogistics

Crews Race to Remove Chunks of Fallen Baltimore Bridge

SPARROWS POINT, Md. — Crews are using the largest crane on the Eastern Seaboard to haul the wreckage from Baltimore’s Francis Scott Key Bridge collapse to a nearby salvage yard.

April 16, 2024
BusinessTechnologyFuel

Nissan Says It Will Make Next-Gen EV Batteries by 2029

YOKOHAMA, Japan — Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said April 16.

April 16, 2024
GovernmentBusinessFuel

Macquarie: Biden Likely to Tap Oil Reserve for Summer Demand

The Biden administration will likely need to tap oil from the country’s emergency reserves to counter a spike in gasoline prices and amid inflation fears during the summer driving season.

April 15, 2024
GovernmentBusiness

Update: Biden Pledges Federal Funds for Baltimore Bridge Rehabilitation

Congressional transportation leaders are expressing support for approving emergency assistance to rebuild a bridge and adjoining infrastructure after the recent collapse at the Port of Baltimore.

April 15, 2024
GovernmentBusinessSafety

Drug Clearinghouse Creates Advantages, Challenges for Industry

Although FMCSA's efforts to streamline the driver verification process are helping fleets reduce risk via the Drug & Alcohol Clearinghouse, it's also reduced the pool of qualified drivers.

April 15, 2024
BusinessEquipment

VTNA Opens Order Book for Redesigned VNL Class 8 Flagship

Volvo Trucks North America opened the order book April 15 for its new Class 8 VNL tractor, it said.

April 15, 2024
BusinessTechnologyEquipment

Tech Vendors Introduce Latest Offerings for 3PLs at TIA

PHOENIX — From business process automation to fraud prevention, industry tech developers rolled out new software features and service offerings for 3PL providers at TIA's conference.

April 15, 2024
BusinessTechnologySafetyLogistics

Truckstop Launches Carrier Vetting Services for Brokers

Truckstop launched three new services aimed at helping brokers ensure they’re doing business with trusted carriers, the company announced April 9.

April 15, 2024
BusinessTechnologyLogistics

Mode Global, Transporeon Automate Spot Freight Procurement

PHOENIX — Mode Global has been collaborating with TMS platform Transporeon to automate spot and dedicated freight procurement, the companies said in a joint announcement.

April 15, 2024