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

Low Water Levels on Mississippi River Delaying Barge Cargo

Barge operators are running lighter loads on the Mississippi River to compensate for the lack of water from months of dry weather. Prices paid to farmers for their crops are easing as a result.

September 29, 2023
GovernmentBusinessTechnologyLogisticsAutonomousPrivate

Amazon to Open Pair of Facilities in Virginia Beach

Virginia Gov. Glenn Youngkin has announced Amazon will build a multistory robotics fulfillment center and 鈥渓ast mile鈥 delivery station in Virginia Beach.

September 29, 2023
GovernmentBusinessPrivate

Amazon Violated Worker Rights Settlement, NLRB Says

Amazon.com Inc. was accused by U.S. officials of violating a labor board settlement, paving the way for the government to consider claims that the company tried to suppress union organizing.

September 29, 2023
BusinessEquipmentFuelLogistics

Bettaway Launches EV Tractor Rollout to Support Arizona Tea

Bettaway Supply Chain Services entered the electric vehicle space with the introduction of two all-electric yard tractors Sept. 26 to support its logistics operations in New Jersey.

September 29, 2023
BusinessTechnologyEquipmentFuel

Nikola Celebrates Entry Into HFCEV Market

COOLIDGE, Ariz. 鈥 Nikola celebrated the commercial launch of its hydrogen fuel cell electric vehicles with 900 of its customers, suppliers and supporters at its manufacturing facility Sept. 28.

September 29, 2023
GovernmentBusinessFuel

Biden Plans Three Auctions of Offshore Drilling Rights

The Biden administration released plans Sept. 29 to hold three auctions of offshore drilling rights over the next five years 鈥 part of what it cast as an effort to phase down oil leasing in favor of clean energy.

September 29, 2023
GovernmentBusinessFuel

Plunging US Oil Supply Is Driving Up Prices Around the World

Oil buyers across the planet are facing some of the highest premiums for supplies they鈥檝e seen in months 鈥 or longer 鈥 as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East to Europe.

September 29, 2023
Business

UAW Adds Two More Strike Sites, Idling 7,000 Workers

DETROIT 鈥 The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a GM factory near Lansing, Mich.

September 29, 2023
GovernmentBusinessLogistics

Moving and Storage Executives Descend on Washington

Several dozen executives from the moving and storage sector recently spent a day in the halls of Congress to discuss key issues with about 60 lawmakers or their staffs.

September 28, 2023
BusinessTechnologyEquipmentFuel

Daimler Fuel Cell Truck Completes Long-Distance Run

BERLIN 鈥 Daimler Truck demonstrated the potential for a fuel cell-powered truck by completing an approximately 650-mile run with its Mercedes-Benz GenH2 cabover model in its native Germany.

September 28, 2023