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.

BusinessTechnologyEquipmentFuel

Guangzhou Automobile Group Unveils Ammonia-Powered Engine

China’s Guangzhou Automobile Group Co. said it has developed the world’s first car engine that runs on ammonia, adding to new energy solutions that reduce carbon emissions.

June 27, 2023
BusinessEquipment

Business Equipment Orders Increase Again in May

Orders placed with U.S. factories for business equipment rose in May for a second month, indicating companies continue to make longer-term investments despite high borrowing costs.

June 27, 2023
GovernmentBusiness

Iowa Farmers Among Winners in $2.94 Million Grants

Iowa is helping some 1,600 people obtain their CDLs for driving trucks and school buses through in-house training or with third-party providers via $2.49 million in farm-based grants.

June 27, 2023
GovernmentBusinessFuelLogistics

Diesel Price Resumes Decline

Diesel prices slipped 1.4 cents a gallon after a one-week interruption to settle at a national average of $3.801, according to Energy Information Administration data released June 26.

June 26, 2023
GovernmentBusiness

New York City Congestion Pricing Gets Final Approval

A plan to charge motorists driving into New York City’s midtown Manhattan received final federal approval, according to a notice to congressional members.

June 26, 2023
GovernmentBusiness

Maine Motor Vehicle Taxes Are New Highway Fund Source

Maine Gov. Janet Mills has signed a two-year, $829 million highway budget law creating a reliable revenue stream to fund highway repairs using portions of state motor vehicle taxes.

June 26, 2023
BusinessLogisticsPrivate

Amazon Pays Small Businesses for Last-Mile Deliveries

Amazon.com Inc. launched a program it has been piloting since 2020 that pays small business owners to deliver packages during the ā€œlast mileā€ of delivery to customers’ doorsteps.

June 26, 2023
BusinessTechnologyTCA

GM Announces EV Supply Chain Deal

General Motors Co. and Australia-based Element 25 Limited have signed an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to the Detroit automaker.

June 26, 2023
BusinessTechnologyLogisticsAutonomous

AI Provides Vital Assistance to TMS Companies

Incorporating artificial intelligence in transportation management systems is changing how trucking companies and their partners use them to enhance efficiency and reduce costs.

June 26, 2023
GovernmentBusiness

Construction Starts on I-270 Bridge Over Mississippi River

Construction started on a project with Missouri to replace the aging Chain of Rocks Bridge over the Mississippi River on I-270 with twin bridges to help improve freight transportation.

June 26, 2023