Trucking Business News

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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.

GovernmentBusinessTechnology

Murphy: NYC Congestion Pricing Plan Violates Constitution

New Jersey Gov. Phil Murphy is again pushing back on New York’s plan to charge motorists driving into Manhattan’s central business district, saying it violates the U.S. Constitution.

January 16, 2024
GovernmentBusinessPrivate

Washington State Sues to Block Kroger-Albertsons Merger

SEATTLE — Washington state Attorney General Bob Ferguson on Jan. 15 sued to block the proposed merger of Kroger and Albertsons, two of the nation’s largest grocery chains.

January 16, 2024
GovernmentBusinessTechnologyEquipmentFuel

Maryland to Receive $15 Million for EV Charging Network

BALTIMORE — Maryland will use its share of $623 million in federal funding to develop 58 EV charging stations, some of which would be located in disadvantaged communities.

January 16, 2024
BusinessTechnologyEquipment

Cummins to Spend $580 Million on North Carolina Engine Plant

Cummins Inc. plans to spend $580 million on its Rocky Mount Engine Plant in North Carolina, much of it as part of the company’s decarbonization push, it said.

January 16, 2024
BusinessTechnology

LG Electronics Opens First US EV Charger Factory in Texas

LG Electronics Inc. on Jan. 12 opened its first EV charger factory outside of South Korea — in Forth Worth, Texas — as the company targets the North American market.

January 12, 2024
GovernmentBusinessEquipmentFuel

Report: Caltrans Budget to Take Hit Due to Green Vehicles

California drivers will experience worse highway and road conditions due to lost diesel and gasoline tax revenue in state coffers, according to legislative analysts.

January 12, 2024
BusinessEquipment

Allison Transmission Workers to Vote Jan. 16 on Labor Deal

Some 1,500 unionized employees at Allison Transmission Holdings are set to vote Jan. 16 on ratifying a revised labor agreement, the United Auto Workers union Local 933 said.

January 12, 2024
GovernmentBusinessSafetyLogisticsGlobal Freight

How the Red Sea Conflict Is Crimping Global Trade

The attacks on commercial ships in the Red Sea by Houthi rebels have rerouted most of the trade normally flowing through the crucial maritime artery for consumer goods and energy supplies.

January 12, 2024
BusinessEquipmentBreaking News

Class 8 Sales Fall for Fifth Consecutive Month in December

Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.

January 12, 2024
GovernmentBusinessLogistics

Port of Los Angeles Leader Outlines Ambitious Goals for 2024

With billions of federal, state and local dollars being spent at the nation’s ports, these critical economic engines are poised to accelerate efforts toward low- and zero-carbon emissions.

January 12, 2024