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.

BusinessLogisticsFor-Hire

UPS-Teamsters Talks to Resume Today

Negotiations were set to resume June 5 between UPS and members of the International Brotherhood of Teamsters, which represents an estimated 360,000 UPS drivers and other workers.

June 1, 2023
GovernmentBusiness

NLRB Counsel to Seek Legal Action Over Noncompete Clauses

National Labor Relations Board General Counsel Jennifer Abruzzo pledged to pursue legal action against employers who require nonsupervisory employees to sign noncompete agreements.

June 1, 2023
GovernmentBusinessFuel

Rivian May Lose Nasdaq Spot After 90% Selloff

Rivian Automotive Inc. may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from its record high, according to JP Morgan Securities.

June 1, 2023
GovernmentBusinessEquipmentSafety

NHTSA’s Advisory Panel on Underride Protection Raises Topics

A committee launched by the National Highway Traffic Safety Administration to study side underride protection during its inaugural meeting raised a variety of topic areas to address.

June 1, 2023
BusinessEquipment

April Used Class 8 Sales Down 20% Year-Over-Year

Used Class 8 truck sales in April decreased 20% year-over-year to 17,600 units from 22,100 units, ACT Research reported.

June 1, 2023
GovernmentBusinessTechnologyAutonomousTCA

Self-Driving Trucks Need Human Operator Under California Bill

California lawmakers are moving forward with plans to restrict the deployment of self-driving trucks — a move that industry representatives say is misguided.

June 1, 2023
BusinessLogisticsTop 100

Kentucky Lands Kroger E-Commerce Center

Northern Kentucky is getting a new $550,000 distribution center from a unit of The Kroger Co. to give the grocery store giant a larger e-commerce foothold in the state and Ohio.

June 1, 2023
BusinessFuel

Exxon Works to Improve Fracking Methods

Exxon Mobil Corp. is betting that a better way to frack will double the amount of oil it can pump from shale fields.

June 1, 2023
GovernmentBusinessTechnologySafety

NHTSA Turns Up Pressure on Air Bag Inflator Company

DETROIT — The U.S. government is turning up the pressure on ARC Automotive to recall 67 million potentially dangerous air bag inflators.

June 1, 2023
GovernmentBusinessTechnologySafety

Jaguar Recalls I-Pace EVs Due to Fire Risk in Batteries

DETROIT — Jaguar is recalling more than 6,000 I-Pace electric SUVs in the U.S. due to the risk of the high-voltage battery catching fire, and it’s telling owners to park them outdoors.

June 1, 2023