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.

BusinessTechnologyEquipmentAutonomous

Tesla Cuts Model 3, Y Prices in US

Tesla Inc. cut prices on its top-selling models in the U.S. again, days after its third-quarter deliveries missed estimates.

October 6, 2023
GovernmentBusinessFuel

Exxon in Talks to Buy Pioneer

Exxon Mobil Corp. is in talks to acquire Pioneer Natural Resources Co., according to a person familiar with the matter, nearing its largest takeover in more than two decades.

October 6, 2023
GovernmentBusiness

Employers Added a Strong 336,000 Jobs in September

WASHINGTON — Employers added 336,000 jobs in September, an unexpectedly robust gain that suggests that many companies remain confident enough to keep hiring despite high interest rates.

October 6, 2023
BusinessEquipmentFuel

Freightliner Offers Cummins X15 Natural Gas Engine

Daimler Truck North America subsidiary Freightliner announced Oct. 5 it will offer the new Cummins X15N natural gas engine in its heavy-duty Freightliner Cascadia trucks.

October 5, 2023
GovernmentBusinessSafety

Accident Litigation Expert: Beware the Nuclear Settlement

WASHINGTON — While nuclear verdicts in accident litigation are a major concern in the industry, it’s the nuclear settlements that litigation expert Steve Wood said are more problematic.

October 5, 2023
Business

Sustainability Through Fuel Economy Decisions

Program Aired: October 5, 2 p.m. ET MVT Solutions (a subsidiary of Mesilla Valley Transportation) shows the value of a good sustainability program and how it adds profits, saves time, and reduces GHG emissions at a faster rate. The simple 3-step process involves understanding the fleet, testing, and educated implementation. Done correctly, this turns a cost-center into a profit-center.  

October 5, 2023
GovernmentBusinessTechnology

Senators Propose EV Fee for Highway Trust Fund

Legislation to ensure electric vehicles contribute to a federal highway funding account was recently introduced in the U.S. Senate.

October 5, 2023
GovernmentBusinessTechnologyAutonomous

Truck Driver Study Outlines Distracted Driving Concerns

WASHINGTON — A truck driver study by the Virginia Tech Transportation Institute underscores what would seem to be a common-sense safety rule: Drivers should keep their hands on the wheel.

October 5, 2023
BusinessTechnologyEquipmentSafetyLogistics

Trucking Grapples With Evolving Cybersecurity Threats

The trucking and logistics sectors face an increasingly evolving cybersecurity landscape as more operations become integrated with computers.

October 5, 2023
BusinessTechnologySafetyLogistics

FIATA Seeks to Deter Cyberattacks in Freight Forwarding

FIATA executives stressed that small and medium-size companies must prepare for cybersecurity threats before and after attacks because of a rise in electronic data-sharing.

October 5, 2023