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.

BusinessTechnologyFuel

Nikola Focuses on Hydrogen; Battery-Electric Trucks on Hold

Nikola Corp. is betting on a newly launched hydrogen big rig to regain its footing as the company said it wouldn’t deliver any electric trucks for the rest of the year after recent battery fires.

November 2, 2023
BusinessLogisticsFor-Hire

Werner Enterprises Reports Earnings Drop on Steady Revenue

Werner Enterprises experienced a year-over-year drop in earnings on a slight decrease in revenue during the third quarter, the company reported Nov. 1.

November 2, 2023
BusinessTechnologyAutonomousTCA

Aurora to Open Autonomous Houston-to-Dallas Route

Aurora announced the completion of a Houston terminal that finalizes the first commercial-ready route for driverless trucks.

November 2, 2023
GovernmentBusiness

Uber, Lyft to Pay $328 Million in Wage Theft Settlement

NEW YORK — Ride-hailing companies Uber and Lyft will pay a combined $328 million to settle wage theft claims in New York, Attorney General Letitia James announced Nov. 2.

November 2, 2023
GovernmentBusinessEquipmentSafety

Toyota Recalls Nearly 1.9 Million RAV4s

DETROIT — Toyota said Nov. 2 it is recalling nearly 1.9 million RAV4 small SUVs in the U.S. to fix a problem with batteries that can move during forceful turns and potentially cause a fire.

November 2, 2023
Business

Toyota Hikes Pay on Heels of UAW-Detroit Deals

Toyota Motor Corp. is raising wages for assembly workers in the U.S. after its Detroit carmaking rivals reached tentative deals with their union to boost pay.

November 1, 2023
GovernmentBusiness

Fed Keeps Benchmark Interest Rate at 5.4%

WASHINGTON — The Federal Reserve kept its key short-term interest rate unchanged Nov. 1 but left the door open to further rate hikes if inflation pressures should accelerate.

November 1, 2023
GovernmentBusinessTechnologyEquipmentFuelLogistics

Port Leaders Push Wind Power as Long-Term Solution

AURORA, Colo. — Port leaders believe they are part of the solution to capturing renewable wind energy off of their coasts and under their operation with giant wind turbines that float on the water.

November 1, 2023
BusinessFuel

Lubrication practices that save time and increase uptime

With these 4 lubrication best practices, fleet and maintenance managers can keep trucks on the road for longer and save money. Read more from the Mobil Delvac™ team to learn how our experts can help you implement these strategies successfully.

November 1, 2023
BusinessTechnology

How Fleet Operators Should Tackle EV Charging Infrastructure

A detailed guide that unpacks all of the challenges fleets need to consider when building EV charging infrastructure themselves — and how to mitigate these challenges by working with a specialized infrastructure partner.

November 1, 2023