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

Spear Targets Truck Excise Tax, Legal Reform

AUSTIN, Texas 鈥 During his annual State of the Industry address, ATA President Chris Spear emphasized a need for litigation reform and the repeal of a federal excise tax on new trucks.

October 16, 2023
GovernmentBusiness

Mild Recession in 2024 Possible, Costello Says

AUSTIN, Texas 鈥 American Trucking Associations Chief Economist Bob Costello said the U.S. economy still runs the risk of sliding into a short recession in 2024.

October 16, 2023
BusinessTechnologyEquipment

Clarience to Extend Fleet Data Platform to External Systems

AUSTIN, Texas 鈥 Clarience Technologies announced it is expanding its Fus1on fleet data platform to connect and integrate with more fleet management systems.

October 16, 2023
GovernmentBusinessTechnologyFuel

Hydrogen Hubs Face Complex Timeline to Final Production

Seven regional hydrogen hubs that received the administration鈥檚 OK face up to 12 years before achieving commercial output no later than 2035, according to a Department of Energy timeline.

October 16, 2023
GovernmentBusinessFuel

Diesel Price Falls 5.4垄 to $4.444 a Gallon

The national average diesel price dropped by 5.4 cents a gallon over the past week to reach $4.444 a gallon, according to data released Oct. 16 by the Energy Information Administration.

October 16, 2023
BusinessPrivate

Sysco to Buy Food Service Distributor Edward Don & Co.

Sysco Corp. is to buy Chicago-based food service equipment and supplies distributor Edward Don & Co. for an undisclosed sum, the S&P 500 member said.

October 16, 2023
GovernmentBusiness

Alix Miller Presented TAEC President鈥檚 Leadership Award

AUSTIN, Texas 鈥 Florida Trucking Association President Alix Miller was among those honored for their contributions to the industry at ATA's Management Conference & Exhibition on Oct. 15.

October 16, 2023
BusinessTechnologyEquipmentFuel

Hyliion Reviewing Electric Powertrain Business Options

Hyliion Holdings Corp. is reviewing options for its electric powertrain business, including selling it, the original equipment manufacturer said, citing a need to raise funds as costs rise.

October 16, 2023
BusinessEquipment

ATA Adds Fourth 鈥業mage鈥 Truck to Fleet

AUSTIN, Texas 鈥 American Trucking Associations has unveiled a fourth 鈥渋mage鈥 truck in a fleet that travels the country to represent the industry.

October 16, 2023
BusinessSafetyFuel

Expert Shares Tips for Fuel Fraud Protection

AUSTIN, Texas 鈥 A strategy for tackling fuel fraud across the industry is to identify what is causing it and adopting a plan for stopping it, a freight expert said.

October 16, 2023