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

Rivian Adopts Tesla鈥檚 EV Charging Standard

Rivian Automotive Inc. will incorporate Tesla Inc.鈥檚 electric vehicle charging ports into future automobiles and gain access to its supercharger network.

June 20, 2023
Government, Business

Ghosn Files $1 Billion Lawsuit Against Nissan

BEIRUT 鈥 Auto tycoon Carlos Ghosn has filed a $1 billion lawsuit against Nissan and about a dozen individuals in Beirut over his imprisonment in Japan, Lebanese officials said June 20.

June 20, 2023
Government, Business, Technology, Logistics

Buttigieg Promotes 鈥楪reen Corridors鈥 for Ocean Shipping

YOKOHAMA, Japan 鈥 An American push to establish 鈥済reen shipping corridors鈥 is key to reducing carbon emissions from the shipping industry, Transportation Secretary Pete Buttigieg said.

June 20, 2023
Government, Business, Safety, Logistics

I-95 Section in Philadelphia Could Reopen by End of June

PHILADELPHIA 鈥 The collapsed stretch of Interstate 95 in Philadelphia will reopen within two weeks, Pennsylvania鈥檚 governor said June 17 after joining President Joe Biden on a tour.

June 19, 2023
Business, Equipment

May Trailer Orders Decrease 54% Year-Over-Year

U.S. trailer orders more than halved in May compared with a year ago to an estimated 9,100 units, according to data released by ACT Research.

June 16, 2023
Government, Business, Logistics

Rail Industry Sues to Block CARB鈥檚 Emission Rules

SACRAMENTO, Calif. 鈥 The railroad industry on June 16 sued to block new environmental rules in California, saying the technology for zero-emission locomotives won鈥檛 be ready on time.

June 16, 2023
Business, Fuel

Nikola Short Sellers Take a Hit on EV Maker鈥檚 Recent Rally

Nikola Corp. shares have nearly doubled this week in a rally that鈥檚 eating into paper profits for traders betting against the EV maker and setting them up for a short squeeze.

June 16, 2023
Government, Business, Technology, Fuel

Grid Planning Must Accommodate Electric Trucks

Electrification of longhaul trucking in the U.S., and globally, will require power-grid operators and regulators to change their planning processes.

June 16, 2023
Business, Logistics, Top 100

Michigan Welcomes RXO to Ann Arbor

Michigan state officials are enthusiastic about 140 new jobs and a $2.35 million expansion in Ann Arbor by RXO Corporate Solutions to increase its brokerage presence.

June 16, 2023
Business

UPS Workers Give Union Leaders Option to Call Strike

UPS Inc.鈥檚 unionized workers voted in favor of giving Teamsters leaders the option to call a strike as the two sides continue talks to renew a five-year labor contract.

June 16, 2023