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

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
BusinessTechnologyEquipment

Navistar Expands Electric Truck Offerings

ANAHEIM, Calif. — Navistar is expanding its electric truck offerings and inked a partnership with Quanta Services to help fleets implement battery-electric vehicles efficiently.

May 5, 2023
BusinessTechnologyFuel

Lion Electric Introduces New Medium-Duty Truck

ANAHEIM, Calif. — The Lion Electric Co., a manufacturer of all-electric commercial vehicles, announced the launch of its battery-electric Lion5 medium-duty truck at the 2023 Advanced Clean Transportation Expo.

May 5, 2023
GovernmentBusiness

Employers Add 253,000 Jobs in April

WASHINGTON — America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising interest rates and high inflation.

May 5, 2023
GovernmentBusinessTechnologyFuel

Clean Energy Investments Touted at Commerce Summit

NATIONAL HARBOR, Md. — President Joe Biden cited supply chain achievements and urged foreign investment as the Commerce Department held a networking event that included 70 countries.

May 4, 2023
GovernmentBusinessTCA

UAW Demands Support for EV Workers Before Endorsing Biden

New leaders of the United Auto Workers are withholding the union’s endorsement for President Joe Biden’s re-election until he shows support for a “just transition” to electric vehicles, according to a letter sent by newly elected UAW President Shawn Fain.

May 4, 2023
Business

TRM Equity Buys Some of National Railway Equipment's Assets

TRM Equity has acquired some of the assets of National Railway Equipment Co., the Southfield, Mich.-based private equity firm said May 2.

May 4, 2023
BusinessLogisticsTop 100

Werner Reports Lower Q1 Earnings on Higher Revenue

Werner Enterprises’ revenue increased but earnings declined during the first quarter of 2023, the company reported May 3.

May 4, 2023
GovernmentBusinessTechnologySafety

EPA Hearing Draws Environmental, Trucking Interests

More than 200 individuals weighed in on the Environmental Protection Agency's public hearing on its heavy-truck greenhouse gas emissions mandate.

May 4, 2023
BusinessTechnologyAutonomous

Waymo Expands Efforts in Phoenix, San Francisco

Self-driving car pioneer Waymo announced May 4 that its robotaxis will be able to carry passengers through most of the Phoenix area for the first time.

May 4, 2023