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.

BusinessEquipment

McNeilus Truck to Expand Tennessee Operations

McNeilus Truck and Manufacturing Inc., a division of Oshkosh Corp., is investing $25 million to grow its business in Tennessee. 

August 8, 2023
BusinessFor-Hire

Searches for UPS Jobs Soar Following Union Deal

UPS Inc. has become a hot employer since its union last month secured $30 billion in new money over a five-year contract.

August 8, 2023
GovernmentBusinessSafety

FMCSA to Renew Plan for Carriers to Keep Accident Records

The Federal Motor Carrier Safety Administration announced plans to renew its requirement that motor carriers maintain a record of accidents involving their commercial motor vehicles.

August 8, 2023
BusinessEquipmentSafety

Jadrossich Fine-Tunes Preparation for Nationals

Rather than simply overthinking his approach to precision-driving contests, John Jadrossich, a FedEx Freight driver, decided to embrace the art of cool relaxation.

August 8, 2023
BusinessEquipmentLogistics

TFI to Buy Class 6-8 Truck Transporter JHT

TFI International is set to acquire Class 6 to Class 8 truck manufacturer transportation provider JHT Holdings Inc., it said Aug. 7.

August 8, 2023
GovernmentBusinessSafety

Volvo, Mack EVs Recalled Over Fire Concerns

Volvo AB is recalling nearly all battery-powered electric trucks in the U.S. that were made over the past four years because of an issue that may potentially cause a battery fire.

August 8, 2023
GovernmentBusinessEquipmentSafety

No Violations on 81% of CMVs in International Roadcheck

More than 81% of commercial motor vehicles and 94% of drivers inspected during International Roadcheck in May did not have any out-of-service violations during the enforcement effort.

August 8, 2023
BusinessTechnology

Electric Vehicle Tech Maker Proterra Files for Bankruptcy

Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Aug. 7.

August 8, 2023
BusinessLogisticsFor-Hire

UPS Lost More Business Than Expected on Strike Threat

Profits at UPS fell year-over-year in the second quarter as the parcel carrier lost more business to rivals than expected due to uncertainty surrounding negotiations with the Teamsters.

August 8, 2023
Business

Werner Eyes Better Back Half of 2023 as Q2 Profit Falls 59%

Profits at Werner Enterprises Inc. more than halved in the second quarter, but the carrier sees brighter prospects for the second half of the year, particularly the final three months.

August 7, 2023