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.

GovernmentBusiness

Fed Keeps Key Interest Rate Unchanged

WASHINGTON — The Federal Reserve kept its key interest rate unchanged June 14 after having raised it 10 straight times to combat high inflation. 

June 14, 2023
GovernmentBusinessSafety

Temporary Road Planned for Ruined Stretch of I-95

A downed stretch of Interstate 95 in Philadelphia will be covered with a temporary roadway that will permit two-way traffic to return to a segment of one of the country’s busiest freight routes.

June 14, 2023
GovernmentBusinessSafetyLogistics

How Collapsed Section of I-95 Will Be Fixed

Pennsylvania Gov. Josh Shapiro said June 14 that crews will work 24 hours a day in Philadelphia to reopen a collapsed section of an important East Coast highway.

June 14, 2023
GovernmentBusinessSafety

Three More Sentenced in Staged New Orleans Crashes

Three more individuals have been sentenced over the past two months for their roles in staged crashes with tractor-trailers in the New Orleans area.

June 14, 2023
BusinessEquipment

Medium-Duty Truck Sales Rise 28.6% in May

U.S. retail sales for medium-duty trucks grew 28.6% in May compared with the year-ago period, according to data from Wards Intelligence.

June 14, 2023
BusinessEquipmentSafetyFor-Hire

UPS, Teamsters Agree to Install Air Conditioning in Trucks

The International Brotherhood of Teamsters says UPS Inc. has agreed to equip its delivery and logistics vehicles with air conditioning systems, a key point in contract negotiations. 

June 14, 2023
GovernmentBusinessTechnologyFuelTCA

Trump Hints He Would Pull Plug on EV Tax Credits, Incentives

While Georgia sits at the center of a surge in electric vehicle manufacturing, former President Donald Trump took aim at the state’s fastest-growing industry in a speech there.

June 13, 2023
GovernmentBusinessLogistics

N.J. Governor Wants Feds to Revisit NYC Toll Plan

New Jersey Gov. Phil Murphy is urging the federal government to re-examine New York City’s plan to start charging motorists driving into midtown Manhattan.

June 13, 2023
BusinessTechnologyEquipmentFuelTCA

EVs Lose Range When Carrying Added Weight, AAA Test Shows

Electric vehicles lose a significant amount of range when loaded with heavy cargo, according to a new AAA study released June 13.

June 13, 2023
GovernmentBusinessLogistics

Labor Chief Su Visits West Coast Port Talks

Acting Labor Secretary Julie Su is in California for talks with West Coast port employers and the dockworkers’ union in an effort to break an impasse in a long-running contract negotiation.

June 13, 2023