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.

BusinessTechnologySafety

Preparing for the Arrival of Electronic Truck Inspections

Program Aired: April 20, 2023 2 p.m. ET/11 a.m. PST The world of truck inspections is likely to change greatly over the coming years. Federal trucking regulators and commercial vehicle enforcement agencies are pushing for wireless roadside inspections, including a mandate that motor carriers equip their trucks with devices that would transmit the identity and condition of trucks and drivers to roadside enforcement. Learn how this could affect your motor carrier operation, what information you and your drivers may be required to transmit to inspectors, and what it means for the development of autonomous trucks. 

April 20, 2023
GovernmentBusiness

Court Rules Insurer Can't Sue Broker in Fraudulent Carrier Case

A federal appeals court has ruled that an insurance company may not pursue a claim against a transportation broker after that broker unknowingly hired a fraudulent motor carrier.

April 20, 2023
GovernmentBusinessTechnologyEquipmentLogistics

Rebalanced Supply Chain Still Leaves Empty-Mile Problem

The underlying issues causing empty miles and unfilled trucks persist even as a balancing supply chain has softened them, experts warned.

April 20, 2023
GovernmentBusinessTechnologyFuel

Canada Matches US Subsidies to Win VW EV Battery Plant

Canada agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land an electric vehicle battery plant by Volkswagen AG, the company’s first gigafactory outside Europe.

April 20, 2023
GovernmentBusinessSafety

Iowa Tort Reform Bill Goes to Governor

A landmark law in Iowa limiting jury awards to $5 million in accident lawsuits against commercial vehicles was sent to the desk of Gov. Kim Reynolds for enactment.

April 20, 2023
GovernmentBusinessSafetyLogistics

Pete Buttigieg Talks Safety, Supply Chain on 2024 Budget

President Joe Biden’s fiscal 2024 budget request paves the way for improvements to the safety and connectivity of the nation’s mobility system, Secretary Pete Buttigieg said April 20.

April 20, 2023
BusinessLogisticsTop 100

XPO Names Dave Bates New COO

Dave Bates is joining XPO as chief operating officer after 12 years in an executive role at Old Dominion Freight Line.

April 20, 2023
BusinessTechnologyEquipment

Volvo Raises Truck Forecasts

Volvo Group raised its forecasts for registrations as the world’s second-biggest truck maker saw orders increase 32%.

April 20, 2023
BusinessTechnologyFuelTCA

How Your EV Can Power Your °®¶¹´«Ã½

Tammy Snyder's homespun setup is a preview of what soon may be easily available to many Californians: EVs that are equipped not just to receive power, but also to deliver it.

April 19, 2023
GovernmentBusinessTechnology

House T&I Chairman Sam Graves Outlines Spring Agenda

Updates to national aviation and pipeline safety policies will dominate the upcoming schedule for the transportation panel in the U.S. House of Representatives.

April 19, 2023