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

EPA Allows Gasoline With Higher Ethanol Blend During Summer

DES MOINES, Iowa — Fuel stations throughout the U.S. will be able to sell gasoline blended with 15% ethanol in the summer under a waiver issued April 28 by the Environmental Protection Agency.

April 28, 2023
GovernmentBusinessTechnologyEquipmentFuel

Toyota Class 8 Hydrogen Powertrain Approved in California

Toyota is to begin offering Class 8 commercial truck manufacturers and operators a hydrogen-fueled powertrain in California later this year.

April 28, 2023
GovernmentBusinessSafetyLogistics

Railroads Warned of Potential Problems With Long Trains

OMAHA, Neb. — Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments.

April 28, 2023
BusinessTechnologyEquipmentFuel

Daimler Truck Launches Rizon Medium-Duty EV

Daimler Truck unveiled Rizon, its newly branded lineup of Class 4 and Class 5 medium-duty electric trucks, during a press conference April 27.

April 28, 2023
BusinessLogisticsFor-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

April 28, 2023
BusinessLogisticsFor-Hire

Universal Logistics Reports Weaker Q1 Amid Softening Market

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

April 28, 2023
BusinessLogisticsTop 100

ArcBest Reports Q1 Revenue, Earnings Decline

ArcBest experienced a year-over-year decline in revenue and earnings due to a softer freight environment and the sale of its fleet maintenance subsidiary during the first quarter.

April 28, 2023
BusinessEquipment

Allison Transmission Posts Record Quarterly Sales

Class 8 truck sales in North America were the foundation on which record quarterly revenues at Allison Transmission were built in the first three months of 2023, the OEM said April 27.

April 28, 2023
BusinessEquipmentPrivate

Infrastructure Spending Expected to Benefit United Rentals

United Rentals executives foresee a rosy outlook for the business and sector as a result of increased infrastructure spending in the coming months and years after posting increased year-over-year profits in the first three months of 2023, they said April 27.

April 28, 2023
BusinessTechnologyEquipment

Chinese Truck Maker Eyes Mexico Facility, US Market

Chinese truck maker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on U.S. exports.

April 28, 2023