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.

BusinessTechnologyEquipment

Nikola to Pause Battery-Electric Truck Production

Nikola Corp. is set to pause battery-electric truck production at its Coolidge, Ariz., facility by the end of May ahead of a pivot in its operations to hydrogen fuel cell vehicles, the company said.

May 9, 2023
GovernmentBusinessEquipmentSafety

Expanding Truck Parking High on USDOT Agenda, Buttigieg Says

U.S. Transportation Secretary Pete Buttigieg stressed that expanding access to safe truck parking is a key priority for his agency, and one that he understands ensures the safety of drivers and efficiency of supply chains.

May 9, 2023
GovernmentBusinessTechnology

REPLAY: Secretary Pete’s Outlook on Infrastructure & Funding

Since the fall of 2021, the USDOT has overseen the implementation of a $1.2 trillion bipartisan infrastructure law, distributing billions of dollars for a variety of projects from state-to-state. What progress has been made in maintenance and construction projects funded by this law? 

May 9, 2023
BusinessEquipment

Daimler Truck Q1 Sales Jump

A 15% year-over-year jump in sales at Daimler Truck powered a jump in revenue and profit in the first three months of 2023, and North American sales rose 12% compared with the year-ago period.

May 9, 2023
GovernmentBusinessTechnologyEquipmentFuel

EPA Seeks Comment on Electric Truck Costs, Charging

Prior to moving forward with Inflation Reduction Act funding, the EPA says it is seeking comment on zero-emission technologies in the heavy-duty vehicle and port sectors.

May 9, 2023
GovernmentBusinessTechnologyEquipmentTCA

New Georgia Laws Address EV Chargers, Max Truck Weight

Two new Georgia laws serve to accommodate the rising number of trucks and electric vehicles on the road, which is expected to increase exponentially in coming decades.

May 9, 2023
GovernmentBusinessSafety

State Trucking Leaders Detail Tort Reform Efforts

HOLLYWOOD, Fla. — State association leaders discussed the strategies that led to legislative victories in Florida and Iowa, and looked ahead to efforts in Pennsylvania.

May 9, 2023
BusinessEquipmentLogisticsTop 100

Daseke Reports Revenue, Earnings Drop in Q1

Daseke Inc. experienced a year-over-year drop in revenue and earnings during the first quarter of 2023, the company reported May 9.

May 9, 2023
GovernmentBusinessTechnologyFor-Hire

ATA Leadership Touts Wins on Federal, State Levels

HOLLYWOOD, Fla. — The trucking industry is scoring wins on the national and state levels, said American Trucking Associations President Chris Spear at the Mid-Year Management Session.

May 9, 2023
GovernmentBusinessFuelFor-Hire

Diesel Tumbles 9.6¢ to $3.922 a Gallon

The national average price for a gallon of diesel tumbled 9.6 cents — its largest drop of the year — to reach $3.922,  according to Energy Information Administration data released May 8.

May 8, 2023