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, Technology, Equipment, Safety, Logistics, Autonomous

Kodiak to Equip 800 Loadsmith Trucks With Self-Driving Tech

Kodiak Robotics Inc. is set to equip 800 trucks with self-driving technology for Loadsmith, a third-party Capacity-as-a-Service logistics provider, the companies said.

June 27, 2023
Government, Business, Technology, Fuel

Lordstown Motors Files for Bankruptcy Protection

Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.

June 27, 2023
Government, Business, Technology

PMTA Sues Pennsylvania Over California Emissions Regulations

The Pennsylvania Motor Truck Association and four trucking company members are suing two commonwealth agencies over adoption of California's heavy-truck emission standards.

June 27, 2023
Business, Technology, Equipment, Fuel

Guangzhou Automobile Group Unveils Ammonia-Powered Engine

China’s Guangzhou Automobile Group Co. said it has developed the world’s first car engine that runs on ammonia, adding to new energy solutions that reduce carbon emissions.

June 27, 2023
Business, Equipment

Business Equipment Orders Increase Again in May

Orders placed with U.S. factories for business equipment rose in May for a second month, indicating companies continue to make longer-term investments despite high borrowing costs.

June 27, 2023
Government, Business

Iowa Farmers Among Winners in $2.94 Million Grants

Iowa is helping some 1,600 people obtain their CDLs for driving trucks and school buses through in-house training or with third-party providers via $2.49 million in farm-based grants.

June 27, 2023
Government, Business, Fuel, Logistics

Diesel Price Resumes Decline

Diesel prices slipped 1.4 cents a gallon after a one-week interruption to settle at a national average of $3.801, according to Energy Information Administration data released June 26.

June 26, 2023
Government, Business

New York City Congestion Pricing Gets Final Approval

A plan to charge motorists driving into New York City’s midtown Manhattan received final federal approval, according to a notice to congressional members.

June 26, 2023
Government, Business

Maine Motor Vehicle Taxes Are New Highway Fund Source

Maine Gov. Janet Mills has signed a two-year, $829 million highway budget law creating a reliable revenue stream to fund highway repairs using portions of state motor vehicle taxes.

June 26, 2023
Business, Logistics, Private

Amazon Pays Small Businesses for Last-Mile Deliveries

Amazon.com Inc. launched a program it has been piloting since 2020 that pays small business owners to deliver packages during the ā€œlast mileā€ of delivery to customers’ doorsteps.

June 26, 2023