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.

BusinessLogistics

CSX’s Q2 Profit Falls 15% Annually

OMAHA, Neb. — Fewer shipping container deliveries this spring hurt CSX railroad’s second-quarter profit and offset a sharp increase in shipments of automobiles.

July 21, 2023
GovernmentBusinessTechnologyAutonomous

California Bill Would Keep Drivers in Autonomous Cabs

California state legislators are moving closer to a final vote on a bill that would for roughly six years require drivers to be in the cab at all times for autonomous trucks.

July 20, 2023
GovernmentBusinessLogistics

Canadian Dockworkers May Be Reconsidering Rejected Offer

Dockworkers might be rethinking their position on a tentative deal after calling off a renewed strike this weekend at Canada’s west coast ports, according to Prime Minister Justin Trudeau.

July 20, 2023
BusinessLogistics

M&A Trucking Market Weathers 2023 Headwinds

The trucking industry is facing merger and acquisition headwinds amid declining freight demand and rising interest rates, but deal buzz remains, experts said.

July 20, 2023
BusinessEquipment

June Trailer Orders Drop 59% Year-Over-Year

U.S. trailer orders continued the trend of year-over-year declines with a large drop in June, according to data released by ACT Research.

July 20, 2023
GovernmentBusinessTechnologyFuel

25 States Send EPA a Letter Opposing Emissions Proposal

Kentucky and West Virginia are leading a 25-state coalition in challenging emissions regulations proposed by the Biden administration.

July 20, 2023
BusinessTechnologyFuelTCA

Rivian to Open Chicago Showroom in September

Nearly two years after launching production of its electric pickup trucks and SUVs in Normal, Ill., Rivian is planning to open its first showroom in Chicago.

July 20, 2023
GovernmentBusinessTechnologyEquipmentFuel

Trucking Takes Steps Toward Hydrogen Technology

Truck makers and suppliers are taking steps toward developing hydrogen combustion engines on the path to a zero-emission future.

July 20, 2023
GovernmentBusinessTechnologyEquipmentAutonomous

Tesla Income Jumps 20% to $2.7 Billion

SAN FRANCISCO — Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. 

July 20, 2023
BusinessLogistics

Container Volumes Down Year-Over-Year in June

Container volume was lower in June when measured against year-ago levels at ocean cargo facilities on the West and East Coasts, but some signs of improvement can be seen.

July 20, 2023