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.

BusinessTechnology

Nikola Rejects Board Nominees From Founder Milton

Nikola Corp. rejected a slate of nominees for its board of directors proposed by an entity it said was controlled by founder Trevor Milton, arguing none were fit for the role.

February 9, 2024
BusinessTechnologyEquipmentFuel

Daimler Advances Longhaul Hydrogen Truck Prospects

Daimler Truck recently took another step toward commercializing its prototype longhaul liquid hydrogen-fueled trucks.

February 9, 2024
BusinessLogisticsGlobal FreightTCA

Port of Mobile to Build Container Facility in North Alabama

The Alabama Port Authority and CSX Transportation announced that Decatur, Ala., will be home to a new intermodal container transfer facility to connect north Alabama to the Port of Mobile.

February 8, 2024
GovernmentBusinessTechnologySafety

Coalition Sues CARB Over Emission Report Mandates

California is being sued over its new emission laws mandating that companies there and out of state report their supply chain emissions and mitigation efforts.

February 8, 2024
BusinessLogisticsFor-Hire

Forward Air CEO Tom Schmitt Exits After Omni Deal Completion

Forward Air CEO Tom Schmitt exited the company days after finally completing the carrier’s at-times contentious merger with Omni Logistics.

February 8, 2024
GovernmentBusinessTechnologyEquipment

Republican Lawmakers Target FHWA Rule

Senior Republicans are seeking to undo emissions targets the Federal Highway Administration is requiring of state transportation agencies.

February 8, 2024
BusinessTechnologyLogistics

RXO Closes First Full Year as Company With Q4 Results

RXO closed out its first full year as a stand-alone company by reporting fourth-quarter earnings gains on a year-over-year revenue decline, the company detailed Feb. 8.

February 8, 2024
GovernmentBusinessTechnologyEquipment

Congressional Republicans Continue EV Pushback

Senior congressional Republicans called on GOP leaders in the House and Senate to deny funding that would be used to advance proposals associated with electric vehicles.  

February 8, 2024
Business

Update: Yellow Repays $700M Pandemic-Era Loan to Treasury Dept.

The auction of Yellow's assets is continuing as sales of the bankrupt carrier's terminals are funding debt repayments. 

February 8, 2024
BusinessEquipment

January Class 8 Truck Orders Start 2024 Strong

North American Class 8 truck orders started off the year strong with January figures increasing from the year-ago period, according to ACT Research.

February 8, 2024