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.

GovernmentBusinessEquipment

Government Contests Fitzgerald Gliders' $83 Million Court Win

A civil jury found in favor of former glider manufacturer Fitzgerald in an $83 million federal tax dispute with the IRS. Federal attorneys haven’t given up on the outcome of the trial.

September 21, 2023
GovernmentBusiness

Buttigieg Emphasizes Supply Chain, Safety at House Hearing

WASHINGTON — The nation’s top transportation officer said the infrastructure law and other administration initiatives are helping to improve freight connectivity and highway safety.

September 21, 2023
BusinessTechnologyLogistics

Hapag-Lloyd to Install Satellite Internet on Containerships

Hapag-Lloyd AG, the biggest container shipping line based in Germany, said Sept. 21 it will install SpaceX’s Starlink internet service aboard the ships it owns and manages.

September 21, 2023
GovernmentBusinessLogistics

Biden Orders Continued Monitoring of Norfolk Southern

President Joe Biden ordered federal agencies to continue holding Norfolk Southern accountable for its February derailment in eastern Ohio and appoint a FEMA official to oversee East Palestine’s recovery, but he still stopped short of declaring a disaster.

September 21, 2023
GovernmentBusinessTechnologyEquipmentSafety

Kentucky Cargo Theft Spike Echoes National Issues

Kentucky law enforcement is warning of a spike in strategic cargo thefts in a trend that reflects a growing national problem.

September 21, 2023
BusinessEquipment

August Trailer Orders Fall 35% to 11,500 Units

U.S. trailer orders continued to experience year-over-year declines in August, but did post a second straight month of sequential improvements, according to ACT Research.

September 21, 2023
BusinessEquipment

Stellantis Makes a New Contract Offer

Stellantis gave the the United Auto Workers a new contract proposal as General Motors and Stellantis announced fresh layoffs Sept. 20 that they blamed on damage from the strike.

September 21, 2023
BusinessTechnologyEquipmentAutonomousPrivate

Uber Freight, Waabi Team Up on AI-Powered Autonomous Trucks

Logistics specialist Uber Freight is teaming up with Waabi Innovation Inc. in an artificial intelligence-powered autonomous truck partnership, the companies said Sept. 21.

September 21, 2023
BusinessFor-Hire

FedEx Beats Quarterly Wall Street Profit Expectations

FedEx Corp. posted a higher profit than Wall Street expected in its most recent quarter, but trimmed expectations for the full-year period.

September 20, 2023
BusinessTechnologyPrivate

Amazon Scraps Planned Merchant Fee

Amazon.com Inc. is scrapping a planned fee on merchants that don’t use its shipping services, according to documents reviewed by Bloomberg.

September 20, 2023