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.

GovernmentBusinessSafety

Werner Appeals Crash Verdict to Texas Supreme Court

Werner Enterprises has filed an appeal with the Texas Supreme Court of a $100 million jury lower court verdict in a 2014 fatal crash that was upheld by a state appeals court earlier this year.

August 23, 2023
BusinessEquipment

Advance Auto Names New CEO Shane O’Kelly

Advance Auto Parts Inc. named a new CEO and started a strategic review of the business as it struggles to keep up with inflation.

August 23, 2023
BusinessFuelLogistics

Two Tankers Collide in Egypt’s Suez Canal

CAIRO — Two tankers carrying oil products and liquefied natural gas collided in the Suez Canal, briefly disrupting traffic through the global waterway, Egyptian authorities said Aug. 23.

August 23, 2023
BusinessBreaking NewsFor-Hire

UPS Workers Approve New Union Contract

The 340,000 employees of UPS Inc. represented by the International Brotherhood of Teamsters have approved a new five-year labor pact with the company.

August 22, 2023
BusinessTechnologyEquipmentFuel

Volvo Offers Fleets a Leg Up on Charging Infrastructure

Volvo Trucks North America launched a program Aug. 22 it believes will smooth fleet owners’ road to the installation of electric truck charging infrastructure.

August 22, 2023
BusinessLogisticsBreaking News

Truck Tonnage Dips 3% Year-Over-Year in July

Truck tonnage in July declined by 3% compared with the same month in 2022, the fifth consecutive year-over-year decline and an indication that softness in the freight market persists.

August 22, 2023
GovernmentBusinessTechnologyEquipment

Top Democrats, White House Celebrate CHIPS Act Anniversary

A 2022 law key to the Biden White House’s “Build Back Better” economic agenda is helping with freight supply chain connectivity, senior congressional Democrats said recently.

August 22, 2023
GovernmentBusinessPrivateTCA

Kroger-Albertsons Merger Draws Protest From State Officials

The proposed merger of food retail giants Kroger and Albertsons has elicited criticism from seven secretaries of state.

August 22, 2023
BusinessEquipmentSafety

Ina Daly Honored at NTDC for Career Accomplishments

XPO's Ina Daly's trip to NTDC in Columbus, Ohio, included winning the Neill Darmstadter Professional Excellence Award for best exemplifying the characteristics of a  truck driver. 

August 22, 2023
GovernmentBusiness

IRS Reminds Truckers of Aug. 31 Tax Payment Deadline

For truckers who first used their vehicles in July on a public highway, the IRS is reminding them of an Aug. 31 deadline to electronically file their heavy highway vehicle use tax return.

August 22, 2023