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.

GovernmentBusinessTechnologyEquipment

Tesla Owners Sue Company Over Monopolizing Parts and Repairs

Tesla was sued by customers who claim they’ve had to pay exorbitant prices and endure long waits for repairs due to Tesla’s monopolization of replacement parts and maintenance services.

March 15, 2023
BusinessTechnologyEquipmentFuelTop 100

Purolator Plans Largest Investment to Electrify Network

Purolator Inc. will make its largest investment at $1 billion to electrify its Canadian network over the next seven years, the company announced March 9.

March 15, 2023
GovernmentBusinessSafety

Budget Request Includes $951 Million for FMCSA

Federal commercial transportation operations would receive nearly $1 billion under a fiscal 2024 budget request the White House unveiled this month.

March 15, 2023
GovernmentBusiness

Retail Sales Slip 0.4% in February After January’s Burst

America’s consumers trimmed their spending in February after a buying burst in January, as retail sales slipped 0.4% with declines across multiple industries.

March 15, 2023
BusinessEquipment

February Medium-Duty Sales Post 3.4% Decline

U.S. retail sales for medium-duty trucks declined 3.4% in February compared with year-ago levels, according to data from Wards Intelligence.

March 15, 2023
BusinessEquipmentSafetyAutonomousPrivate

Automated Truck Developer Gatik to Make Kroger Deliveries

Autonomous technology developer Gatik is partnering with grocery store chain Kroger for deliveries via automated medium-duty trucks in the Dallas area.

March 15, 2023
BusinessTechnology

North American EV Production Slowly Catches Up to Demand

Electric vehicle production in North America is finally creeping up on EV demand, as automakers like Volkswagen, Ford, Lucid and Rivian hustle to close the output gap with front-runner Tesla.

March 14, 2023
GovernmentBusinessSafety

Senate CDL Bill Spotlights Veterans

Legislation that would ensure veterans benefits are approved without delay at new commercial driving schools was recently introduced in the U.S. Senate.

March 14, 2023
GovernmentBusinessTechnology

DOT Announces $2.5 Billion Grant for Charging Infrastructure

The government announced $2.5 billion in grants for charging stations and alternative fueling infrastructure, partly to increase access along highway corridors for longhaul trucking.

March 14, 2023
GovernmentBusiness

Uber, Lyft Get Positive Ruling in California Labor Case

App-based ride-hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors, a state appeals court ruled March 13.

March 14, 2023