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.

Government, Business, Equipment

FMCSA Leasing Task Force Begins Work

Members of a federal truck-leasing task force began outlining plans for discussions on how to evaluate potential predatory commercial and motor carrier lease agreements.

July 12, 2023
Government, Business, Technology, Fuel, TCA

Hawaii Ahead of the Pack in Contracting for EV Fast Chargers

Hawaii says it is the first out of the gate to award a contract for federally funded fast chargers to be deployed across the state.

July 12, 2023
Business, Private

Amazon Prime Day Pushes Online Sales Up 6% in First 24 Hours

U.S. consumers spent $6.4 billion online in the first 24 hours of Amazon's Prime Day, according to Adobe Inc., up 6% from a year ago but short of estimates for even stronger growth.

July 12, 2023
Government, Business, Technology

California Sees Huge Battery Storage Spike Over Three Years

California has, in just three years, seen a tenfold increase in batteries plugged into its grid as solar and wind installations take the place of aging gas-burning power plants.

July 12, 2023
Government, Business

Inflation Falls to 3% in June, Lowest in Two Years

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years 鈥 3% in June compared with 12 months earlier.

July 12, 2023
Business, Equipment, Safety, Top 100

Road to NTDC Spotlight: Roland Bolduc, Part 3

WINDSOR LOCKS, Conn. 鈥 On a聽 sun-soaked morning in early June, Roland Bolduc arrived at his state鈥檚 truck driving championships ready for elite level competition. He was up to the task.

July 12, 2023
Business, For-Hire

UPS Schedules Later Release of Midyear Earnings

UPS Inc. investors will wait longer than usual to hear from CEO Carol Tom茅 this quarter as the company works to avoid a harmful worker strike.

July 11, 2023
Business, Technology, Logistics, Private

Amazon Prime Day Invite-Only Deal Targets Buyer Frustration

Amazon.com Inc is alleviating some past Prime Day frustrations by dangling an 鈥渋nvite-only鈥 promotion designed to give customers a better shot at snagging the bargains they want.

July 11, 2023
Business, Technology, Logistics

ZS Fund Unites Lily Transportation, Transervice

Private equity firm ZS Fund has acquired dedicated contract carriage company Lily Transportation Corp., the company announced July 11.

July 11, 2023
Government, Business, Technology

UAW Strike Threats Heat Up Before Detroit Negotiations Begin

Besides the usual haggling over wages, pensions and health care, the UAW union ahead of negotiations with Detroit automakers has set its sights on securing a foothold in the EV industry.

July 11, 2023