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.

BusinessEquipmentFuelLogistics

ATRI: Cost of Operating a Truck Soared in 2022

Rising wages for drivers is a key factor that helped drive up the cost of operating a truck by 21.3% in 2022, according to a study by the American Transportation Research Institute.

June 22, 2023
BusinessLogisticsAutonomousFor-HireTCA

Teamsters, UPS Shift Focus to Pay Raises

In contract negotiations between UPS Inc. and the Teamsters, the two sides have come to agreement on dozens of matters to clear the way for talks on pay and other major issues.

June 22, 2023
GovernmentBusiness

Senate Committee Advances PRO Act on Worker Classifications

A Senate panel on June 21 approved legislation that would seek to update federal classifications for workers.

June 22, 2023
GovernmentBusinessFuel

EPA Final Biofuel Volume Rule Slammed by Ag Interests

Iowa Gov. Kim Reynolds and others said the Environmental Protection Agency's final rule establishing biofuel volumes in its Renewable Fuel Standard program fail to reflect reality.

June 22, 2023
BusinessTechnologyLogisticsAutonomousTCA

Warehouse Robots Help Deliver the Goods

As labor shortages persist, a French robotics company called Exotec, with North American headquarters in Atlanta, is seeing strong demand for its autonomous warehouse robots.

June 22, 2023
BusinessLogistics

Former Longistics Transportation Chairman Duane Long Dies

Duane Long, former president and chairman of Raleigh, N.C.-based logistics provider Longistics Transportation Inc., died June 12 after a long battle with lung disease. He was 70.

June 22, 2023
BusinessEquipment

Parts, Labor Expenses Up More Than 8% Year-Over-Year in Q1

Maintenance parts and labor expenses for trucking companies across North America rose more than 8% year-over-year in the first quarter of 2023, according to a recently released study.

June 22, 2023
GovernmentBusinessSafetyLogistics

Rule Would Require First Responder Alerts After Derailment

ATLANTA — Federal regulators want all railroads to immediately send the details of everything aboard their trains to every emergency responder within 10 miles of an accident.

June 22, 2023
BusinessTechnologyFuel

Tesla Projected to Remain No. 1 EV Seller Through 2026

Tesla Inc. is poised to remain the top seller of electric vehicles in the U.S. through at least 2026, according to a new report.

June 21, 2023
BusinessEquipmentSafety

XPO’s Ramos Captures New Jersey TDC Title

ATLANTIC CITY, N.J. — New Jersey has a new best-in-show. Lorenso Ramos of XPO, competing in the straight truck class, conquered a challenging course en route to a grand champion performance.

June 21, 2023