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.

GovernmentBusinessFuel

Diesel Price Drops 6.3¢ a Gallon to $4.146

The national average diesel price tumbled 6.3 cents in its fifth straight decline to hit $4.146 a gallon, according to Energy Information Administration data released Nov. 27.

November 27, 2023
GovernmentBusinessLogistics

Biden Convenes New Supply Chain Council

WASHINGTON — President Joe Biden on Nov. 27 opened the first meeting of his supply chain resilience council by saying his administration was working to lower costs for U.S. families.

November 27, 2023
BusinessTechnology

Bestpass Acquires Fleetworthy Solutions

Bestpass on Nov. 28 announced it is acquiring Fleetworthy Solutions Inc. 

November 27, 2023
GovernmentBusiness

NLRB Dismisses New York Union Case Against Tesla

Tesla Inc. has fought off allegations it illegally terminated dozens of New York employees in response to a unionization campaign.

November 27, 2023
BusinessFuel

Gas Prices Now Below $3 in 14 States

Gasoline prices have fallen for 60 consecutive days, letting American drivers pass on savings at the pump to consumer retailers during the U.S. economy’s all-important holiday season.

November 27, 2023
BusinessEquipment

Volkswagen Tells Workers to Brace for Job Cuts

Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and improve profitability.

November 27, 2023
GovernmentBusinessFuel

Oil Shows Signs of Softening Before OPEC+ Meeting

Ahead of the OPEC+ meeting on Nov. 30, there are indications oil supply is running ahead of demand, highlighting the challenge facing the cartel as it prepares to set output policy for 2024.

November 27, 2023
BusinessLogistics

Panama Canal Adds Extra Queue-Jumping Auctions

The Panama Canal Authority said it will add extra slots allowing ships to pay big premiums to transit the waterway, which has become congested due to an ongoing drought.

November 27, 2023
BusinessTechnologyLogisticsAutonomous

Trucking Firms Using Social Media Influencers for Promotion

Trucking marketers looking for a leg up on social media are turning to AI software that can quickly surface the absolute best influencers in that medium to promote their brand.

November 22, 2023
BusinessTechnologyLogisticsAutonomous

How Logistics Can Transform With AI — and Not Lose Its Way

The buzz around artificial intelligence has a way of obscuring the most important conversations around it.

November 22, 2023