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.

GovernmentBusiness

ATA Chairman Boyle Views Selection as Opportunity to Serve

Andrew Boyle, co-president of Boyle Transportation, knows the commitment that comes with being named chairman of American Trucking Associations. But he views it as an opportunity to serve.

October 17, 2023
BusinessLogisticsFor-Hire

J.B. Hunt Q3 Profit Slides 30.4% Year-Over-Year

J.B. Hunt Transport Services posted a 30.4% year-over-year decrease in profits in the third quarter, undershooting analyst expectations as revenues declined at each of the carrier’s operating units.

October 17, 2023
BusinessEquipmentFuel

GM Delays Electric Pickup Truck Expansion Amid Slower Growth

General Motors Co. will delay the opening of its second electric truck plant in Michigan to preserve capital amid a slowdown in sales growth for electric vehicles.

October 17, 2023
Business

Andrew Boyle Elected ATA’s 79th Chairman

Andrew Boyle, co-president of Boyle Transportation in Billerica, Mass., was elected Oct. 17 as the 79th chairman of American Trucking Associations by its board of directors.

October 17, 2023
GovernmentBusinessSafety

Kentucky Completes Improvements to U.S. Route 641

Kentucky officials lauded completion of a wider final strip of U.S. Route 641 linking the state’s north-south truck route on Interstate 69 to Tennessee in a developing rural freight corridor.

October 17, 2023
GovernmentBusinessEquipment

California Trucking Association Sues to Block CARB Rule

The California Trucking Association has filed a federal lawsuit seeking to block enforcement of the California Air Resources Board’s Advanced Clean Fleets regulation.

October 17, 2023
BusinessTechnologyAutonomous

Continental to Study Auto Divestments to Shore Up Profit

Continental AG, one of Europe’s top car parts makers, is studying the sale of automotive assets, including its autonomous mobility business as it comes under growing pressure to shore up its profitability, people familiar with the matter said.

October 17, 2023
GovernmentBusinessTechnologyEquipmentFor-Hire

Military Veterans to Fill Technician Roles

Investing in veterans to fulfill the much-needed job duties of commercial technicians has been a concentrated goal for some fleets.

October 17, 2023
BusinessSafetyLogistics

Broken Rail May Have Caused Derailment That Killed Trucker

A broken rail caused a train derailment that collapsed a bridge over I-25 in Colorado, killing a truck driver, federal authorities said Oct. 17, based on their preliminary investigation.

October 17, 2023
BusinessEquipmentTCA

Hess Toy Truck Is Back — With the Police — For the Holidays

Hess Toy Truck, which has been producing the holiday staple since 1964, has announced that this year's truck has a law enforcement theme and is now on sale online.

October 17, 2023