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.

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
BusinessEquipmentLogisticsGlobal Freight

California’s Port Dominance Is Slipping as Cargo Shifts East

The pandemic’s cargo crush pushed the Los Angeles and Long Beach complex close to the breaking point, allowing ports from New York-New Jersey to Houston to grow their market share.

May 8, 2023
BusinessTechnologyFuel

Volvo Road Tests Hydrogen-Powered Truck

Volvo Trucks has tested its fuel cell electric trucks on public roads for the first time, the company announced May 8.

May 8, 2023
BusinessEquipmentSafetyLogistics

ATRI Announces Top Five Research Issues for 2023

HOLLYWOOD, Fla. — The availability of truck parking spaces rates as the American Transportation Research Institute's No. 1 study topic for 2023. 

May 8, 2023
GovernmentBusinessLogisticsGlobal Freight

Engineers Frustrated With Railroad Sick Time Policies

OMAHA, Neb. — Tens of thousands of engineers remain frustrated with the lack of paid sick time and the demands railroads like BNSF are making in negotiations.

May 8, 2023
GovernmentBusinessLogistics

Global Trade Data Shows Early Signs of ‘Reglobalization’

The global trading system is undergoing tectonic shifts spurred by shortages, price spikes and shipping disruptions that will reorient international supply chains for decades to come.

May 8, 2023
GovernmentBusinessTechnologySafetyLogistics

California’s Container Ports to Develop Shared Data System

California’s five container ports have agreed to develop a $27 million, high-tech supply chain infrastructure using a computer cloud to share data and cargo flow information.

May 8, 2023
GovernmentBusinessTechnologyLogisticsTCA

Twin California Ports Introduce Zero-Emission Locomotive

Weeks after the California Air Resources Board approved a rule to limit rail pollution, the Pacific Harbor Line on May 4 unveiled one of the nation’s most advanced zero-emission locomotives.

May 5, 2023
BusinessTechnologyEquipmentFuelAutonomous

Volvo Triples Electric Truck Dealer Network Since Last Year

ANAHEIM, Calif. — As Volvo Trucks continues to roll out battery-electric heavy-duty trucks to fleet customers across North America, the truck maker also is building its support network.

May 5, 2023
BusinessTechnologyEquipment

Hyundai Brings Xcient Hydrogen Fuel Cell Truck to US

ANAHEIM, Calif. — Global vehicle manufacturer Hyundai Motor Co. premiered the production version of its Xcient hydrogen fuel cell electric Class 8 truck for the North American market.

May 5, 2023