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.

BusinessTechnologyEquipmentSafety

CVSA Adopts Policy Position on Beyond Compliance

The Commercial Vehicle Safety Alliance has adopted a slate of new policy positions, including in support of a 鈥渂eyond compliance鈥 concept.聽

November 8, 2023
BusinessEquipment

Continental Slashes 2023 Truck Tire Sales Forecast

Continental AG slashed its expectations for North American commercial vehicle replacement tire sales in 2023.

November 8, 2023
GovernmentBusinessLogistics

US Plans to Build a Terminal at Sri Lanka鈥檚 Colombo Port

COLOMBO, Sri Lanka 鈥 The U.S. announced a $553 million project Nov. 8 to build a deep-water shipping container terminal in Sri Lanka鈥檚 Port of Colombo.

November 8, 2023
BusinessTechnologyEquipment

Scania Will Offer Electric Trucks as Pay-Per-Use

Scania is combining with logistics firm sennder Technologies to deploy 100 e-trucks to carriers in Germany.

November 8, 2023
GovernmentBusinessTechnologySafetyAutonomous

Cruise Recalls Cars After Pedestrian Was Dragged

DETROIT 鈥 GM's Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of them dragged a pedestrian to the side of a San Francisco street in October.

November 8, 2023
BusinessTechnologyEquipmentLogisticsPrivate

Rivian to End Exclusivity With Amazon

Electric vehicle maker Rivian said Nov. 7 that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon.

November 8, 2023
Business

Daimler Truck Posts Lower Earnings in Q3

Profits at Daimler Truck Holding AG in the third quarter fell on the back of lower sales due to supply constraints and the absence of a tax benefit that boosted the year-ago period鈥檚 results.

November 7, 2023
BusinessTechnology

Renault Finalizing Transfer of 28% Stake in Nissan

Renault SA and Nissan Motor Co. are close to completing a landmark deal to rebalance their 24-year-long alliance, according to people familiar with the matter.

November 7, 2023
GovernmentBusinessEquipment

Watchdog Group Cites Widespread 鈥楶redatory鈥 Lease Agreements

A study by a U.S. government financial consumer group has concluded that there is widespread risk for truckers being rushed into signing so-called predatory lease-purchase agreements.

November 7, 2023
BusinessLogistics

RXO Reports Negative Earnings in Soft Q3 Market

RXO reported negative net income and a 14% decline in revenue during the third quarter.

November 7, 2023