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.

BusinessTechnologyLogisticsAutonomous

Uber Delivers Mixed Report as Profit Grows, Revenue Slows

Uber Technologies gave a mixed picture of its business, showing a second consecutive profitable quarter and an increase in demand for rides and delivery but also slowing revenue growth.

November 7, 2023
GovernmentBusinessFuel

Diesel Price Slides 8.8¢ to $4.366 a Gallon

The national average diesel price fell 8.8 cents to settle at $4.366 a gallon, according to Energy Information Administration data released Nov. 6.

November 6, 2023
GovernmentBusinessSafety

Oklahoma Makes Third-Party Administration of CDL Test Easier

A new Oklahoma law making it easier for written commercial driver license tests to be administered took effect Nov. 1 to help offset the truck driver shortage.

November 6, 2023
GovernmentBusinessTechnologyLogistics

Virginia Gov. Youngkin Lauds 3PL Provider’s Facility Expansion

Virginia Gov. Glenn Youngkin announced a $2 million expansion of Wytheville-based Camrett Logistics to grow its capacity and provide green supply chain technology.

November 6, 2023
GovernmentBusinessSafetyLogistics

House Committee Passes Bill to Protect Moving Privacy

Legislation designed to safeguard certain identifiable information of individuals moving internationally was advanced this month by a committee in the U.S. House of Representatives.

November 6, 2023
BusinessEquipmentFuel

Tevva Files Suit Against ElectraMeccanica in Arizona

Tevva Motors Ltd. filed suit against ElectraMeccanica Vehicles Corp. Nov. 3 as the dispute between the onetime partners in building a Class 8 hydrogen-powered truck escalates.

November 6, 2023
GovernmentBusiness

BLS: Coming Decade to See Job Growth in Warehousing, Logistics

Transportation and warehousing will be among the fastest-growing economic sectors for the coming decade, according to a new U.S. Bureau of Labor Statistics analysis.

November 6, 2023
GovernmentBusinessEquipmentFuel

Aftermarket Parts Costs Are Stabilizing

Industry leaders are pointing to several positive indicators that have caused a drop in aftermarket parts prices in the second quarter of 2023 from the first quarter.

November 6, 2023
GovernmentBusinessFuelLogistics

Dry Panama Risks Driving Large Oil Tankers Away From Canal

Dry weather is set to force large oil tankers to completely stop using the Panama Canal, requiring the vessels to extend their voyages by thousands of miles, a shipping researcher said.

November 6, 2023
BusinessTechnologyAutonomous

Chinese Electric Truck Maker Windrose Will Seek US IPO in 2024

Chinese electric truck maker Windrose Technology has started preparatory work for an initial public offering in the U.S. next year as it plans the commercial rollout of its first vehicle.

November 6, 2023