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, Equipment, Safety

Continental Demonstrates Tire Stress Testing Process

UVALDE, Texas — Continental on June 20 hosted a test drive involving a Class 8 truck and sports cars to demonstrate how its tires handle various road conditions.

June 28, 2023
Government, Business, Technology, Equipment

EV Makers Racing for Supplies of Lithium for Batteries

Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the mineral in a politically and environmentally fraught competition.

June 28, 2023
Business, Equipment, Fuel, Logistics

Uber Freight: Empty Miles Likely Underreported

Uber Freight estimated that the trucking industry could be driving close to double the number of empty miles than initially estimated. The company released its findings in a report June 28.  

June 28, 2023
Government, Business, Technology, Private

Fleets Can Expect Long Timelines for Facility Connections

Facility electrification timelines for  heavy-duty trucking fleets are likely to be more protracted than carrier executives might expect, according to executives at power utilities.

June 28, 2023
Business, Logistics

Yellow Sues Teamsters, Alleging Breach of Contract

Yellow Corp. filed suit June 27 against the Teamsters union and certain affiliates alleging breach of contract and accusing the union of causing more than $137 million in damages.

June 27, 2023
Business, Equipment

ELFA Reports $9.5 Billion in New Business in May

A survey of companies in the equipment finance sector saw overall new business volume hit $9.5 billion in May, according to the Equipment Leasing and Finance Association.

June 27, 2023
Business, Fuel

Trans Mountain’s Rising Shipping Costs Draw Oil Producer Ire

Some of the largest oil producers in Canada are objecting to potentially rising costs and fees to ship their crude on the expanded Trans Mountain pipeline.

June 27, 2023
Government, Business

Trucking Interests Say EPA Is Moving Too Fast on GHG Rule

Many of the major players in the trucking industry say they generally are supporters of the goals of the EPA’s Phase 3 proposed rule, but they have concerns that the phase-in is moving too fast.

June 27, 2023
Government, Business, Technology, Fuel

SAE International Plans to Standardize Tesla’s EV Chargers

A key U.S. automotive industry organization says it will set performance standards for Tesla’s electric vehicle charging cords in another move toward using the Tesla plug on all EVs.

June 27, 2023
Government, Business, Logistics

FMCSA to Consider Broker-Shipper Transparency

Federal trucking regulators  confirmed they plan to consider a request by the Owner-Operator Independent Drivers Association seeking a rulemaking on broker-shipper pricing transparency.

June 27, 2023