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.

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
GovernmentBusinessLogistics

Now Canada Dockworkers Won't Go Back on Strike After All

Workers at Canada’s west coast ports withdrew plans to go back on strike, hours after threatening to restart a disruption that would have paralyzed  the country’s busiest maritime hub.

July 19, 2023
GovernmentBusinessLogistics

UPS, Teamsters Agree to Resume Talks July 25

UPS Inc. and its union will resume labor talks July 25 after negotiations had stalled earlier this month as the company seeks to head off a strike that could occur as early as Aug. 1.

July 19, 2023
BusinessEquipment

June Medium-Duty Truck Sales Increase 22.7%

U.S. medium-duty truck retail sales increased 22.7% in June compared with the year-ago period, according to Wards Intelligence data.

July 19, 2023
BusinessEquipment

Volvo Group Q2 Profit Nudges Higher, Margin Improves

Volvo Group posted net income of $1.06 billion, or 52 cents per share, in the three months that ended June 30, compared with $1.03 billion, or 50 cents, in the year-ago period, the company said.

July 19, 2023
GovernmentBusinessTechnologyFuelAutonomousTCA

Michigan Plans Fast-Charging EV Hub for Trucks on I-96

Michigan is joining California and other states in reimagining tomorrow’s truck stops, moving forward with the development of a high-speed charging hub for freight vehicles.

July 19, 2023
GovernmentBusinessSafetyLogistics

FMCSA Embarks on New Effort to Catch Fraudulent Movers

The Federal Motor Carrier Safety Administration this spring conducted more than 100 investigations into household goods moving fraud, and is proceeding with 60 enforcement actions.

July 19, 2023
GovernmentBusinessFor-HireTCA

UPS Pilots to Honor Picket Lines if Teamsters Strike

The pilots union at Sandy Springs, Ga.-based UPS Inc. plans to honor picket lines in the event of a Teamsters strike against the shipping giant.

July 19, 2023