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.

GovernmentBusinessEquipmentFuelBreaking News

EPA OKs California Rules Phasing Out New Diesel Trucks

The U.S. Environmental Protection Agency has granted California environmental regulators waivers to officially move forward with the agency’s aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.

March 31, 2023
GovernmentBusinessSafety

Justice Department Sues Norfolk Southern Over Derailment

The federal government filed a lawsuit against railroad Norfolk Southern over environmental damage caused by a train derailment that spilled hazardous chemicals into creeks and rivers.

March 31, 2023
GovernmentBusinessTechnology

Many Electric Vehicles to Lose Big Tax Credit With New Rules

WASHINGTON — Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year under rules proposed March 31 by the U.S. Treasury Department.

March 31, 2023
GovernmentBusinessTechnologyEquipmentFuel

Tesla Pursues US Battery Plant With China’s CATL

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric vehicle battery manufacturer.

March 30, 2023
BusinessTechnologyEquipment

February Used Class 8 Sales Down 20% Year-Over-Year

Used Class 8 truck sales in February decreased 19.6% year-over-year to 17,600 units from 21,900 units, ACT Research reported.

March 30, 2023
BusinessTechnologyEquipmentFuelTCA

How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

March 30, 2023
GovernmentBusinessSafety

Congressional Policymakers Introduce Truck Parking Bill

Legislation designed to expand access to parking for truck drivers around the country was recently introduced on Capitol Hill.

March 30, 2023
GovernmentBusinessSafetyFuel

House GOP OKs Broad Bill to ‘Unleash’ American Energy

WASHINGTON — House Republicans on March 30 approved a sprawling energy package that seeks to undo virtually all of President Joe Biden’s agenda to address climate change.

March 30, 2023
GovernmentBusinessEquipmentLogistics

Port Leaders Look to Future

WASHINGTON — White House Supply Chain Envoy Stephen Lyons told attendees at the AAPA Legislative Summit that the nation’s transportation system was severely tested during recent years.

March 30, 2023
GovernmentBusiness

US Revises Down Last Quarter’s Economic Growth to 2.6% Rate

WASHINGTON — The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace. 

March 30, 2023