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.

GovernmentBusinessEquipmentFuel

EV Tax Credit Rules Leave Carmakers in the Dark — Again

Automakers who are waiting for the U.S. Treasury Department to help them figure out which of their cars are eligible for lucrative electric-vehicle tax credits will have to keep waiting.

April 3, 2023
GovernmentBusinessSafety

New Mexico Adopts Clearinghouse Screen for CDLs

New Mexico lawmakers recently enacted legislation requiring federal Drug and Alcohol Clearinghouse results be used before granting commercial driver licenses.

April 3, 2023
GovernmentBusinessFuel

Oil Surges After OPEC+’s Shocking Production Cut

Oil rallied the most in more than a year after OPEC+ unexpectedly announced output cuts that threaten to tighten the market and deliver a fresh inflationary jolt to the world economy.

April 3, 2023
BusinessTechnology

Transportation Stakeholders Highlight Safety, Technology

Stakeholders representing transportation agencies and the private sector reminded federal lawmakers of concerns related to safety and the advancement of emerging technologies.

April 3, 2023
BusinessLogisticsFor-Hire

Penske Announces Kris-Way Truck Leasing Acquisition

Penske Truck Leasing announced March 30 that it has reached an agreement to acquire Kris-Way Truck Leasing Inc.

April 3, 2023
GovernmentBusinessEquipmentLogistics

FMC: Terminals Can't Issue Detention Fees if Ports Closed

What began as a $510 small claims case brought by a trucking company has evolved into what some are calling a precedent-setting case.

April 3, 2023
BusinessTechnologyAutonomous

Aurora Driver Enters Final Stage of Development Process

Aurora Innovation Inc. has entered the final phase of development for a new version of its integrated hardware and autonomous truck system, the company announced April 3.

April 3, 2023
BusinessTechnologyEquipmentLogistics

Walmart Launches New Online Look

Walmart Inc. has been pouring investment into its e-commerce operation for years in an effort to catch up with Amazon .com Inc. Now it’s trying to boost its appeal with a new online look.

April 3, 2023
BusinessTechnologyEquipment

Rivian Beats Analysts’ Q1 EV Production Estimates

Rivian Automotive Inc. built 9,395 battery-electric vehicles in the first three months of the year as the company aims to ramp up production.

April 3, 2023
GovernmentBusinessSafety

Ohio Turnpike to Start $226 Million in Construction Projects

Drivers are being reminded to travel with care through work zones on the Ohio Turnpike as $226 million in construction projects begin this month along the 241-mile toll road.

April 3, 2023