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

Yellow Repays $700M COVID-Era Treasury Loan Plus Interest

Yellow repaid a $700 million loan it received from the Treasury Department through the Coronavirus Aid, Relief and Economic Security Act, the bankrupt less-than-truckload carrier said.

February 6, 2024
BusinessPrivate

Kroger CFO Departs During Uncertainty on Albertsons Merger

Kroger Co. said Feb. 5 that its chief financial officer is leaving for another company as the supermarket operator waits for regulators’ ruling on its proposed merger with Albertsons Cos.

February 6, 2024
BusinessTechnology

Hertz Plans Cost Cuts After Earnings Miss on EV Adjustment

Hertz Global Holdings Inc. is looking to cut costs after it missed analysts’ fourth-quarter estimates as it sold down its fleet of Tesla Inc. electric vehicles.

February 6, 2024
GovernmentBusinessTechnologyFuel

FHWA Awards Grants to Develop Charging, Hydrogen Stations

Eyeing heavy truck emissions, the FHWA has awarded nearly half of $622.57 million in new infrastructure grants to megawatt and kilowatt charging and hydrogen fueling projects.

February 6, 2024
BusinessTechnologyEquipment

Volvo Details Engine, Transmission Updates for Redesigned VNL

Volvo Trucks North America on Feb. 6 outlined enhancements to its D13 engine and I-Shift transmission that helped the OEM achieve efficiency gains with its redesigned VNL Class 8 tractor.

February 6, 2024
GovernmentBusinessSafety

Congress Passes Bill to Protect Moving Privacy

Legislation designed to protect people’s personal information during a move was recently cleared by Congress for President Joe Biden’s signature.

February 5, 2024
BusinessTechnologyEquipmentLogistics

Uber Freight Unveils Pilot for New Scheduling API

Uber Freight is piloting a new scheduling application programming interface that aims to foster seamless communication across its network, the company announced Feb. 5.

February 5, 2024
BusinessFor-Hire

Auto Stoppages Push P.A.M. Transportation Into Red in Q4

Labor stoppages at automotive manufacturers across the U.S. and a weak freight environment hit profits at carrier P.A.M. Transportation in the final three months of 2023, the company said.

February 5, 2024
GovernmentBusinessFuel

Diesel Price Rises 3.2¢ to $3.899 a Gallon

The national average diesel price bumped up 3.2¢ to $3.899 a gallon, according to Energy Information Administration data for the week of Feb. 5.

February 5, 2024
GovernmentBusinessSafety

FMCSA to Delay Heavy Truck Speed Limiters Proposal Until May

The Federal Motor Carrier Safety Administration is delaying until May a controversial proposal to require speed limiters on heavy-duty trucks, according to a regulatory update.

February 5, 2024