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.

Government, Business, Safety

Supply Chain, Freight Legislation on Congress’ Summer Agenda

A series of bills meant to expedite supply chain operations and improve freight rail safety await consideration in the U.S. House and the Senate.

June 8, 2023
Government, Business

Schumer Works to Schedule Vote on Julie Su’s Nomination

A vote to confirm Julie Su, President Joe Biden’s nominee to lead the Department of Labor, is on the radar for Senate Democrats.

June 8, 2023
Government, Business, Equipment, Logistics

CBP Rules Alabama Chassis Maker Avoided Tariffs

A federal agency has ruled that an Alabama chassis manufacturing company knowingly imported chassis from China that were being marketed as having been made in a Vietnamese factory.

June 8, 2023
Business, Technology, Safety

Maximizing Compliance: A Guide for Fleet Safety & Success

Program Aired: June 8, 2023 2 p.m. ET There is no shortage of compliance measures required of today's fleets – from Driver Fitness and ELD’s to Controlled Substances and Alcohol Use and Testing – these measures are designed to keep our roadways safe. Minimum compliance is a requirement to remain in good standing, and the inability to meet standards can result in poor roadside safety performance, hefty civil penalties, and increased risk for civil litigation, to name a few.

June 8, 2023
Government, Business, Technology, Safety

FMCSA Advisory Committee Offers Safety Suggestions

Officials with the Federal Motor Carrier Safety Administration asked members of the agency’s motor carrier advisory committee for some ideas on how the agency could improve truck safety.

June 8, 2023
Business, Technology, Fuel

Nikola Adjourns Annual Meeting, Seeks More Votes on Shares

Nikola’s bid to issue more shares and obtain enough funding needed for its Class 8 hydrogen fuel cell truck ambitions is on hold for another month, it said June 7.

June 8, 2023
Business, For-Hire

Strike Unlikely at ABF Freight After Deal With Teamsters

The ArcBest Corp. subsidiary ABF Freight System has reached a tentative agreement with the Teamsters National Freight Industry Negotiating Committee, the company announced June 7.

June 8, 2023
Business, Equipment

May Class 8 Orders Show Year-Over-Year Rebound

North American Class 8 orders in May reversed the trend of year-over-year declines by increasing to 15,500 units, ACT Research reported.

June 8, 2023
Business, Safety, Logistics, Top 100

Nearshoring Raises Cargo Theft Concerns

The increasing interest in nearshoring poses unique security considerations, including a higher likelihood of cargo thefts.

June 8, 2023
Business, Technology, Fuel

EV Sales Are Soaring as Oil Use Is About to Peak

The share of electric vehicles in sales of new passenger vehicles is set to more than double globally in the next few years — to 30% in 2026.

June 8, 2023