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.

BusinessEquipment

Class 8 Orders Season Launches Below Year-Ago High Point

The North American Class 8 market kicked off the opening of order boards for next year with September figures below a prior-year surge, according to ACT Research.

October 5, 2023
BusinessTechnologyEquipmentFuel

Nikola Celebrates Entry Into HFCEV Market

Hydrogen fuel cell electric vehicles will be delivered to customers within a few weeks, company says.

October 5, 2023
BusinessTechnologyEquipment

Rivian Plans to Issue $1.5 Billion in Convertible Debt

Rivian Automotive Inc. shares fell the most ever after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt.

October 5, 2023
BusinessLogistics

Ryder Expands Multiclient Warehouse Footprint

Ryder System Inc. added a new distribution center in Aurora, Ill., as part of its ongoing efforts to expand its multiclient warehouse network, the company announced Oct. 5.

October 5, 2023
BusinessTechnologyLogisticsAutonomousGlobal Freight

Maersk Partners With Kodiak on Autonomous Truck Runs

A.P. Moller-Maersk A/S, the maritime shipping giant that has been diversifying into land transportation, is betting that driverless trucks will help make deliveries more reliable.

October 5, 2023
BusinessLogisticsTCA

Port of Savannah Seeks OK to Add Terminal — On an Island

SAVANNAH, Ga. — The Port of Savannah is poised to grow again, with a 395-acre cargo container terminal planned for an island in the middle of the Savannah River.

October 4, 2023
GovernmentBusiness

ATA Leader Chris Spear Reflects on Gains Ahead of Conference

American Trucking Associations President Chris Spear is ready to discuss the strides made and the opportunities that lie ahead during the upcoming ATA Management Conference & Exhibition.

October 4, 2023
GovernmentBusiness

REPLAY: The State of the Industry with ATA's Chris Spear

ATA President Chris Spear discusses autonomous vehicle policies, workforce development, truck parking, and the 2023 ATA Management Conference & Exhibition with Dan Ronan on the U.S. House highways and transit panel. 

October 4, 2023
BusinessTechnology

Greenlane to Break Ground on Charging Network in Early 2024

Daimler Truck North America and its partners in the proposed Greenlane electric and hydrogen vehicle fueling network expect to break ground at their first sites in early 2024.

October 4, 2023
BusinessTechnologyEquipmentFuel

Ford Electric F-150 Sales Drop 46% as Deliveries Delayed

Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.â€

October 4, 2023