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.

GovernmentBusinessTechnology

Toyota, Stellantis Blast Biden’s Plan to Boost EV Sales

Stellantis NV and Toyota blasted a Biden administration plan to ease auto pollution, saying it would compel unrealistic sales of electric vehicles that strain critical mineral supplies.

July 10, 2023
BusinessLogistics

Trucking Enters Late Down Cycle

The trucking industry has entered the late stages of the freight cycle downturn, but positive destocking trends have helped balance low demand.  

July 10, 2023
BusinessEquipmentFuel

Nikola’s Latest Bid to Secure Funds to Advance FCEV Fails

Nikola’s latest bid to issue more shares and secure the funds needed to advance its Class 8 hydrogen fuel cell truck ambitions failed, it said July 6.

July 10, 2023
BusinessLogistics

Produce Season Fails to Boost Struggling Freight Market

The produce season did little to boost the slowdown in freight demand, as would be expected with normal seasonality.

July 10, 2023
GovernmentBusinessLogisticsFor-Hire

Analysts: Walkout at UPS Would Have Deep Impact on Economy

A strike by UPS workers if a new labor agreement isn’t reached with the Teamsters would hold significant implications across the supply chain, industry analysts said.

July 10, 2023
BusinessTechnologyLogisticsTop 100Top 50

DHL Express Opens Atlanta Cargo Facility

DHL Express on July 6 opened an $84.5 million, 100,000-square-foot hub at Atlanta’s Hartsfield-Jackson International Airport.

July 10, 2023
GovernmentBusinessTechnologyTCA

Michigan Lawmaker Proposes Bill to Limit EPA Emission Rules

U.S. Rep. Tim Walberg (R-Mich.) has introduced a bill that would bar the EPA from finalizing strong new emission standards that would push the auto industry toward EVs.

July 10, 2023
BusinessEquipmentSafety

Louisiana Trucker Damien Hebert Driven by Details

Louisiana’s Damien Hebert, last year’s national winner in the twin trailers division, is passionate about details, and he proves it at truck driving championships.

July 7, 2023
BusinessSafety

Fatal Fire Still Burning on Newark Cargo Ship

NEWARK, N.J. — A cargo ship burned for a third day July 7 at a New Jersey port after claiming the lives of two firefighters on July 6.

July 7, 2023
GovernmentBusinessTechnologyEquipmentSafety

Union Workers Question Safety at GM’s Ultium Battery Plant

While the United Auto Workers union hammers out a new deal with GM and battery manufacturer Ultium Cells, workers are pointing to safety hazards as a key issue in the negotiations.

July 7, 2023