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

CVSA Inspectors Compiling Driver Personal Conveyance Data

A group of hand-picked certified inspectors nationwide are compiling inspection data on truck drivers who log conveyance time during the month of August.

August 10, 2023
Business

5 strategies to increase driver retention

Program Airs: August 10, 2 p.m. ET Attrition is especially rampant in the T&L industry. In fact, more than half of all new drivers will leave their roles within the first six months. Learn strategies from experts at Hotel Engine and their partners on how to combat attrition through new and creative strategies. 

August 10, 2023
BusinessTechnologyEquipmentFuel

Natural Gas-Fueled Volvo Trucks Set for North American Tests

The first testing of natural gas-fueled European Volvo Group Class 8 trucks on North American roads is set to begin by the end of September, and more imports could be on the way.

August 10, 2023
BusinessLogisticsFor-Hire

Forward Air Plans Merger With Omni Logistics

Forward Air Corp. and Omni Logistics announced Aug. 10 that they have entered into a definitive agreement to combine in a cash-and-stock transaction.

August 10, 2023
GovernmentBusiness

FY24 Funding Bills to Top Agenda After Recess, Schumer Says

Ensuring federal agencies are funded through fiscal 2024 will lead the Senate’s agenda when members return to Washington after the August recess, the chamber’s leader indicated recently.

August 10, 2023
BusinessLogisticsFor-Hire

Trucking Industry Reports Predictably Weak Q2

The trucking industry reported a weak second quarter with freight volumes and destocking efforts putting downward pressure on demand.

August 10, 2023
GovernmentBusinessSafetyFuel

Truck Stop Coming to Rural North Carolina Highway

A $1.6 million U.S. Department of Commerce grant to a southwestern North Carolina town is paying for new infrastructure to support opening a Love’s Travel Stop with truck parking.

August 10, 2023
GovernmentBusiness

House Leaders Seek to Limit Acting Secretary Julie Su’s Term

Legislation aimed at preventing an acting head of the Department of Labor from remaining in the job indefinitely was recently introduced in the U.S. House of Representatives.

August 10, 2023
GovernmentBusiness

Inflation Rises for First Time in a Year to 3.2% Rate

WASHINGTON — Inflation rose in July after 12 straight months of declines, boosted by costlier housing. But core inflation matched the smallest monthly increase in nearly two years.

August 10, 2023
GovernmentBusinessTechnologySafetyAutonomous

Cruise, Waymo Face Pivotal Vote in San Francisco

SAN FRANCISCO — California regulators are poised to decide whether robotaxi services Cruise and Waymo can provide around-the-clock rides throughout San Francisco.

August 10, 2023