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.

GovernmentBusinessSafetyLogistics

Kentucky Begins $30 Million Road Project at Owensboro Port

Kentucky Gov. Andy Beshear joined state officials in breaking ground on a $30 million highway expansion project for the Owensboro Riverport Authority.

August 7, 2023
BusinessEquipmentSafety

Class Act: Success Follows North Carolina Champ Bills

Step van or straight truck, FedEx Express driver and North Carolina grand champion Michael Bills focuses on safety.

August 7, 2023
BusinessTechnologyFuel

Tesla Replaces Zachary Kirkhorn as CFO

Tesla Inc. Chief Financial Officer Zachary Kirkhorn stepped down after 13 years at the electric vehicle maker, raising questions about succession in the top ranks of Elon Musk’s company.

August 7, 2023
GovernmentBusinessLogistics

Cargo Airline Western Global Goes Bankrupt

Florida-based Western Global Airlines filed for bankruptcy protection with plans to slash its debt load after the cargo airline faced a cash crunch.

August 7, 2023
BusinessTechnologyEquipment

Nikola Q2 Loss Widens on Romeo, European Exits

Losses at Nikola Motor widened year-over-year in the second quarter of 2023 after the truck maker took a $77.8 million hit to its balance sheet.

August 7, 2023
BusinessLogisticsPrivate

Tyson Foods to Close Four Chicken Processing Plants

Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.

August 7, 2023
BusinessEquipment

Class 8 Truck Orders Jump 45% in July

North American Class 8 truck orders rose year-over-year for a third month in a row in July, according to ACT Research.

August 7, 2023
GovernmentBusinessTechnologyFuel

EPA’s Emissions Plan Runs Into Skepticism

DETROIT — The U.S. government’s most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces skepticism.

August 7, 2023
Business

Daimler Truck CFO Jochen Goetz Dies at 52

Jochen Goetz, the chief financial officer of Daimler Truck who is credited with its successful spinoff from the automotive giant that makes the Mercedes-Benz, died Aug. 5 at the age of 52.

August 7, 2023
GovernmentBusinessBreaking NewsFor-Hire

Yellow Files for Chapter 11 Bankruptcy

Yellow Corp. on Aug. 7 announced it was seeking Chapter 11 bankruptcy protection and entering into an agreement that would secure sufficient financing to wind down operations.

August 7, 2023