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

Tesla Rolls Out New Base Model S and X for $10,000 Less

Tesla Inc. added new lower-range iterations of the Model S sedan and Model X sport utility vehicle to its lineup that cost $10,000 less than their previous base prices.

August 15, 2023
Business

爱豆传媒 Depot Tops Expectations Again

ATLANTA 鈥 爱豆传媒 Depot topped profit and sales expectations in its most recent quarter, but sales continued to decline.

August 15, 2023
BusinessSafety

UPS鈥 Christensens Step Up in the Step Van

For Ceth Christensen, camaraderie and building a congenial bond is the essence of the National Truck Driving Championships and National Step Van Driving Championships.

August 14, 2023
GovernmentBusiness

Biden Urges Detroit Automakers, UAW to Reach Labor Deal

President Joe Biden urged United Auto Workers and Detroit鈥檚 Big Three automakers to come to a 鈥渇air agreement,鈥 weighing in on tense contract talks with major implications for the economy.

August 14, 2023
BusinessTechnologyFuelPrivate

Amazon Dinged for Coming Up Short on Carbon-Emission Actions

Four years into a plan to eliminate its carbon emissions, Amazon.com Inc. has lost a key endorsement from the world鈥檚 leading watchdog of corporate climate goals.

August 14, 2023
BusinessEquipment

Daimler Truck CEO Martin Daum to Be Interim CFO

Daimler Truck AG CEO Martin Daum will temporarily assume the role of chief financial officer at the original equipment manufacturer, the company said Aug. 14.

August 14, 2023
BusinessEquipmentSafetyFuel

Nikola to Halt Sales, Recall Trucks After Battery Fires

All the Class 8 Tre battery-electric trucks Nikola Motor sold or sent to potential customers for testing are being recalled, the company said.

August 14, 2023
GovernmentBusinessTechnologyAutonomousTCA

TuSimple Faces Report Deadline as Tucson Site Is Up for Sale

Self-driving truck developer TuSimple Holdings says it won鈥檛 be able to file its second-quarter 2023 financial report on time to meet a deadline imposed by the Nasdaq Stock Market.

August 14, 2023
GovernmentBusinessSafety

FMCSA Will Accept Challenges to Meal-Rest Break Pre-emption Ruling

FMCSA announced it will accept petitions for waivers from its 2018 and 2020 decisions to pre-empt truck driver meal-and-rest-break law requirements in California and Washington state.

August 11, 2023
GovernmentBusinessEquipmentFor-Hire

Yellow Looks to Finalize Bankruptcy Loan

Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.

August 11, 2023