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.

GovernmentBusinessEquipmentSafety

Four Massachusetts Troopers Indicted in CDL Fraud Case

A 74-count federal indictment was filed against four Massachusetts State Police officers and two others in connection with a commercial driver license fraud scheme.聽

February 29, 2024
BusinessFor-Hire

J.B. Hunt to Promote Shelley Simpson to CEO Post

J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.

February 29, 2024
BusinessEquipmentLogistics

Spot Market Remains Suppressed Amid Stubborn Capacity

The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished 鈥 albeit at a slower rate than the decline in overall freight demand.

February 29, 2024
GovernmentBusinessTechnologyEquipment

Stakeholders Help Defeat Washington State Truck Idling Bill

Trucking stakeholders in Washington state helped defeat a Senate bill that aimed to institute stringent truck-idling provisions modeled after California emission regulations.

February 29, 2024
BusinessLogisticsTCA

Could Free Shipping Be Coming to an End for Online Shoppers?

A Google search for 鈥渆nd of free shipping鈥 churns out dozens of media and trade group reports.聽This time, however, consumer concerns may be warranted.

February 29, 2024
BusinessTechnologyEquipment

Volvo Promises Less Downtime Via VNL Communications Options

Volvo Trucks North America provided a deeper dive into the communications enhancements the truck maker鈥檚 redesigned VNL Class 8 tractor offers, including options to reduce downtime.

February 29, 2024
BusinessLogisticsFor-Hire

Forward Air Reports 138% Earnings Drop for Q4

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

February 29, 2024
BusinessEquipment

Used Truck Sales in January Rise 17% From Prior Year

Used Class 8 truck sales in January increased 17.3% compared with the same period the prior year, ACT Research reported.

February 29, 2024
GovernmentBusinessLogistics

EPA Announces $3 Billion in Clean Port Grants

The U.S. Environmental Protection Agency announced $3 billion in grants are available this year in a Clean Ports Program to pay for zero-emission port equipment and infrastructure.

February 29, 2024
GovernmentBusinessEquipmentLogistics

Higher Container Volumes Signal Strong Start to New Year

The four major West Coast ports reported significantly higher volumes to open the new year.

February 29, 2024