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.

GovernmentBusiness

Maine Motor Vehicle Taxes Are New Highway Fund Source

Maine Gov. Janet Mills has signed a two-year, $829 million highway budget law creating a reliable revenue stream to fund highway repairs using portions of state motor vehicle taxes.

June 26, 2023
BusinessLogisticsPrivate

Amazon Pays Small Businesses for Last-Mile Deliveries

Amazon.com Inc. launched a program it has been piloting since 2020 that pays small business owners to deliver packages during the 鈥渓ast mile鈥 of delivery to customers鈥 doorsteps.

June 26, 2023
BusinessTechnologyTCA

GM Announces EV Supply Chain Deal

General Motors Co. and Australia-based Element 25 Limited have signed an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to the Detroit automaker.

June 26, 2023
BusinessTechnologyLogisticsAutonomous

AI Provides Vital Assistance to TMS Companies

Incorporating artificial intelligence in transportation management systems is changing how trucking companies and their partners use them to enhance efficiency and reduce costs.

June 26, 2023
GovernmentBusiness

Construction Starts on I-270 Bridge Over Mississippi River

Construction started on a project with Missouri to replace the aging Chain of Rocks Bridge over the Mississippi River on I-270 with twin bridges to help improve freight transportation.

June 26, 2023
GovernmentBusinessTechnologyEquipmentPrivateGlobal Freight

Pepsi Leads Calls for EU to Roll Out Green Trucks Faster

Companies including PepsiCo Inc. and Nike Inc. are calling for the European Union to implement stricter emissions targets for trucks, which the firms say will lower costs in the long run.

June 26, 2023
GovernmentBusinessTechnology

Nth Cycle to Open Ohio Plant to Reclaim Battery Metals

Startup Nth Cycle is opening its first full-scale plant in Fairfield, Ohio, to produce a mix of nickel and cobalt 鈥 key ingredients of the lithium-ion batteries that power electric vehicles.

June 26, 2023
GovernmentBusinessTechnologyFuel

As Fuel Taxes Plummet, States Weigh Charging by the Mile

COLUMBUS, Ohio 鈥 Evan Burroughs has spent eight years touting the virtues of an Oregon pilot program charging motorists by the distance their vehicle travels rather than the gas it guzzles.

June 26, 2023
GovernmentBusinessTechnologyEquipment

USDOT Awards $1.7 Billion to Buy Electric Buses

WASHINGTON 鈥 The U.S. Department of Transportation is awarding almost $1.7 billion in grants for buying zero- and low-emission buses, with the money going to transit projects in 46 states and territories.

June 26, 2023
BusinessTechnologyEquipmentAutonomous

Samsara Launches Investment Fund for Industry Startups

AUSTIN, Texas 鈥 In addition to expanding its own product offerings, Samsara is investing in other technology companies that are developing innovative products and services.

June 26, 2023