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.

GovernmentBusinessLogistics

Work Begins to Expand Key Texas-Mexico Entry for Trucks

Construction has begun on a new commercial inspection and processing facility to make it easier and faster for truckers to bring freight through Anzalduas Port of Entry.

March 22, 2023
GovernmentBusinessTechnologyFuel

EV Battery Aid Hangs in Balance as US Finalizes Climate Law

The interpretation of a regulation by the Treasury Department could upend expectations for how tens of billions of dollars in new electric vehicle tax incentives will be distributed.

March 22, 2023
GovernmentBusiness

Fed Raises Key Rate by Quarter-Point Despite Bank Turmoil

WASHINGTON — The Federal Reserve extended its yearlong fight against high inflation March 22 by raising its key interest rate a quarter-point.

March 22, 2023
BusinessEquipmentSafetyLogistics

Port Leaders to Stress Facilities’ Role in Supply Chain

Port leaders from around the nation will be in Washington on March 27-30 for the annual Legislative Summit hosted by American Association of Port Authorities.

March 22, 2023
GovernmentBusinessTechnologyEquipmentLogistics

VTNA Supplier to Open North American HQ in Virginia

A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.

March 22, 2023
BusinessTechnologyEquipmentFuel

Cooking Oil Shortage Looms as Biofuels Gain Appeal

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.

March 22, 2023
GovernmentBusinessTechnology

Biden Limits US Funds for China Chipmakers

The Biden administration unveiled tight restrictions on new operations in China by semiconductor manufacturers that get federal funds to build in the U.S.

March 21, 2023
BusinessSafetyLogistics

Norfolk Southern Receptive to Some New Safety Regulations

Norfolk Southern’s CEO is offering support for parts of a Senate bill to apply tougher safety regulations to railroads, but does not address several key provisions of the Railway Safety Act.

March 21, 2023
BusinessEquipmentSafety

FedEx Freight’s Courville Claims Louisiana Title

Eric Courville’s victory in the sleeper vehicle division at the Louisiana Truck Driving Championships marked the beginning of the road to the national event in August.

March 21, 2023