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.

Business, Fuel, Logistics

Love’s Musket Corp. Opens First DEF Terminal in Alabama

Love’s Family of Companies announced July 12 that its trading and logistics arm, Musket Corp., has opened its first diesel exhaust fluid terminal in Alabama.

July 17, 2023
Government, Business, Safety

No Hazards Reported as Freight Train Derails in Pennsylvania

WHITEMARSH TOWNSHIP, Pa. — A freight train derailment in Pennsylvania early July 17 spurred precautionary evacuations, but officials said there was no known hazard to the public.

July 17, 2023
Business, Equipment

Ford Cuts Price on F-150 Lightning by Up to 17%

Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, reversing price hikes implemented last year on its debut battery-powered truck.

July 17, 2023
Business, Technology, Equipment

Tesla Starts Cybertruck Production Two Years Behind Schedule

Almost four years after Elon Musk first unveiled Tesla Inc.’s debut pickup, the automaker has built its first Cybertruck.

July 17, 2023
Government, Business, Fuel

EPA Denies Oil Refineries Seeking Biofuel-Blending Exemption

The Biden administration on July 14 rejected more than two dozen oil refinery requests for exemptions from U.S. biofuel-blending requirements.

July 14, 2023
Business, Safety

King of Kentucky Truckers: Willinger Bound for NTDC Again

FedEx Freight driver John Willinger’s overwhelming memory of his reign at the Kentucky Truck Driving Championships is of focus and persistence.

July 14, 2023
Business, Technology, Fuel

Nikola’s Wild Week Erases 2023 Losses

Nikola Corp. has finally reignited some of the fervor of its once die-hard day-trading fans as it has reversed the stock’s 2023 decline.

July 14, 2023
Business, Logistics

Midwest Rivers’ Falling Water Levels Raise Shipping Concerns

Water levels on the Mississippi and Ohio rivers are falling for a second straight year, raising the prospect of shipping problems along the all-important U.S. freight routes.

July 14, 2023
Government, Business, Technology, Fuel

ā€˜Green Bank’ Opens for Clean Energy Projects Like EV Charging

WASHINGTON — The Biden administration is making available $20 billion from a federal ā€œgreen bankā€ for clean energy projects such as electric vehicle charging stations and more.

July 14, 2023
Business, Logistics, For-Hire

UPS to Train Nonunion Employees to Deliver Packages

UPS Inc. plans to train nonunion employees to deliver packages in the event of a labor disruption in the U.S., underscoring the potential for a strike as a crucial negotiating deadline nears.

July 14, 2023