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.

BusinessTechnologyEquipmentSafety

Mack Announces Services Suite, Expands OTA Updates

ORLANDO, Fla. — Mack Trucks launched a bundled services suite called Mack Premium Service Contracts and announced that it will ­expand the number of electronic control units enabled for Mack Over the Air updates in the Mack Anthem, Pinnacle and Granite models.

March 8, 2023
GovernmentBusinessEquipment

House Lawmakers Propose 12% Excise Tax Repeal

Legislation to repeal a tax on the purchase of new trucks was introduced in the U.S. House of Representatives.

March 8, 2023
BusinessTechnologyEquipment

Cummins Launches New Brand to Further Zero-Emission Goals

WASHINGTON — Cummins Inc. said it is launching a new brand aimed at accelerating the transition to sustainable energy solutions for commercial applications.

March 8, 2023
GovernmentBusinessSafetyLogistics

NTSB to Investigate Safety at Norfolk Southern

In the wake of three high-profile freight train accidents within the last month, including one that caused environmental damage in East Palestine, Ohio, the National Transportation Safety Board announced March 7 it is opening a special investigation into the safety practices of Norfolk Southern Corp.

March 8, 2023
BusinessFuel

Love’s Travel Stops Founder Tom Love Dies at 85

Love’s Travel Stops & Country Stores founder Tom Love, who grew the company from a single service station to a chain of more than 600 truck stop locations nationwide, died March 7, the company announced. He was 85.

March 7, 2023
GovernmentBusiness

Su Nominated to Lead Labor Department

President Joe Biden recently nominated Julie Su to serve as the next secretary of the Department of Labor.

March 7, 2023
GovernmentBusinessTechnology

South Carolina to Help Revival of Scout Motors as EVs

COLUMBIA, S.C. — South Carolina’s governor said March 6 he is going to ask lawmakers to approve nearly $1.3 billion to bring to the state a new electric vehicle plant by Scout Motors Inc.

March 7, 2023
BusinessTechnologyEquipmentSafety

Technology, Nuclear Verdicts Among Hot Topics in Panel Discussion

ORLANDO, Fla. — The use of technology and ways to combat nuclear verdicts were among the topics discussed and debated during a roundtable session at the Truckload Carriers Association’s Truckload 2023 Orlando.

March 7, 2023
BusinessTechnologyAutonomous

Founders of Defunct Argo AI Launch New Self-Driving Startup

The founders of Argo AI, the autonomous vehicle company that was shut down last year, are launching a new self-driving business that could specialize in trucking and ride-hailing, according to people familiar with the matter.

March 7, 2023
GovernmentBusinessSafety

FMCSA’s People Focus Is Helping Truck Drivers, Robin Hutcheson Says

ORLANDO, Fla. — The Federal Motor Carrier Safety Administration’s top executive explained to hundreds at a trucking industry gathering that the agency’s focus to invest in people dovetails with its efforts to improve the workplace for drivers.

March 7, 2023