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.

BusinessLogistics

Knight-Swift Announces Executive Changes

Adam Miller has been appointed CEO at Knight-Swift Holdings Inc., succeeding David Jackson, who is stepping down after nine years as chief executive and 13 as president.

February 28, 2024
GovernmentBusinessSafetyFor-Hire

Groups Support Werner in Legal Filing Over ‘Nuclear’ Verdict

The Texas Trucking Association and another advocacy group have filed a “friend of the court†brief with the Texas Supreme Court asking that it reject a $100 million lower-court accident verdict against Werner Enterprises.

February 28, 2024
BusinessTechnologyEquipmentAutonomous

TMC Sessions to Highlight Vehicle Spec’ing

American Trucking Associations’ Technology & Maintenance Council is set to explore the importance of proper spec’ing during its annual conference starting March 4.

February 28, 2024
BusinessSafety

Update: Seroka Optimistic About Cargo Levels in 2024

Port of Los Angeles Executive Director Gene Seroka is still wary over developments in the Red Sea and Panama Canal.

February 28, 2024
BusinessTechnologyFuel

Tesla Cybertruck Review: It’s Weird, Brash, but Not Bad

Bloomberg News reporter Hannah Elliott rents a Tesla Cybertruck for a day, and finds its nimble performance and thoughtful interior a fascinating juxtaposition to its crude design.

February 28, 2024
GovernmentBusiness

California Offers Online CDL Renewals

California has made it easier for truck drivers to renew their commercial driver licenses through a new online option that is part of the state’s customer-focused digital transformation.

February 28, 2024
GovernmentBusiness

US Economy Grew Solid 3.2% in Fourth Quarter

WASHINGTON — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Feb. 28.

February 28, 2024
BusinessTechnologyEquipment

Range Energy Raises $23.5 Million in New Financing

Electric trailer startup Range Energy raised $23.5 million in new financing as it seeks to take advantage of government incentives for decarbonizing transportation.

February 28, 2024
GovernmentBusinessLogisticsPrivate

Canada to Invest in Revamp of Port Windsor Grain Terminal

Canada is investing up to $26.3 million to improve multimodal operations in Port Windsor in Ontario at a key grain terminal operated by U.S.-based Archer Daniels Midland Co. that handles corn, soya and canola.

February 27, 2024
BusinessTechnologyFuelAutonomous

Apple Cancels Work on Autonomous Electric Car

Apple Inc. is ending a decadelong effort to build an electric car, according to people with knowledge of the matter, abandoning one of the most ambitious projects in company history.

February 27, 2024