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.

GovernmentBusinessFuel

Diesel Prices Up 1.7¢ in Seventh Straight Increase

Diesel prices climbed for the seventh week in a row, although the increase was a modest 1.7 cents a gallon nationally.

September 5, 2023
GovernmentBusiness

FMCSA Plans New Study on Detention Time

Federal trucking regulators have announced plans to conduct a study aimed at providing a better understanding of the impact of driver detention time on driver safety and CMV operations.

September 5, 2023
BusinessTechnologyTCA

Rivian Adds Former Porsche Exec as Chief Commercial Officer

Rivian announced Sept. 1 that it has poached former Porsche executive Kjell Gruner to add to its team at a critical juncture for the electric vehicle startup.

September 5, 2023
GovernmentBusinessEquipmentSafety

FMCSA Plans Study on Vehicle Maintenance Impact on Safety

The Federal Motor Carrier Safety Administration announced a plan to conduct a survey and study that focuses on how vehicle maintenance requirements impact overall motor carrier safety.

September 5, 2023
BusinessTechnologyEquipmentFuelAutonomous

Battery Maker Clarios Expands Low-Voltage Systems

Global battery supplier Clarios is expanding its engineering capabilities and developing new technologies to meet the shifting power demands of modern vehicles.

September 5, 2023
BusinessTechnology

ZF Develops EV Motor That Cuts Out Rare Earth Materials

MUNICH — Automotive supplier ZF Group announced it has developed an electric vehicle motor that eliminates the need for rare earth materials without sacrificing performance.

September 5, 2023
GovernmentBusinessLogistics

Montana Seeks Longer Canadian Border Hours for Trucks

Montana’s Wild Horse border crossing into Canada must remain open 24 hours to handle higher truck traffic, declared a letter to President Joe Biden and Prime Minister Justin Trudeau.

September 5, 2023
GovernmentBusinessSafety

Commerce Grant to Help Fund CDL Training at Georgia College

The U.S. Department of Commerce has awarded $742,180 to help a Georgia technical college pay for a concrete practice driving area for commercial driver license candidates.

September 5, 2023
GovernmentBusinessFuel

Saudi Arabia, Russia Plan to Extend Oil Cut Through Year-End

DUBAI, United Arab Emirates — Saudi Arabia and Russia agreed Sept. 5 to extend their voluntary oil production cuts through the end of this year.

September 5, 2023
BusinessTechnology

UAW Shows Confrontational Style as Strike Deadline Looms

The demands that a more combative United Auto Workers union has pressed on General Motors, Stellantis and Ford are edging it closer to a strike when its contract ends Sept. 14.

September 5, 2023