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

Inflation, Consumer Spending Cool in December

WASHINGTON — The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy.

January 27, 2023
GovernmentBusinessTechnologySafety

Idaho Replaces 511 Trucking App With New One

State transportation officials want to get the word out to thousands of truckers using the Idaho 511 Trucking app that they need to switch to a new 511 state travel system because the other doesn’t work now.

January 27, 2023
GovernmentBusinessTechnologyEquipment

SUVs Emerge as Hot Point in EV Tax Credit Debate

General Motors Co. has taken a central role in pushing the Treasury Department to change how the government defines a sport utility vehicle and expand how many buyers can get electric vehicle tax credits.

January 27, 2023
BusinessLogisticsTop 100

Knight-Swift Reports Lower Q4 Results

Knight-Swift Transportation Holdings Inc. experienced a year-over-year decline in revenue and earnings during the fourth quarter of 2022, the company reported Jan. 26.

January 27, 2023
BusinessTechnology

Automakers Eye Market for Small Electric Pickups

Having zipped from six-figure sedans to Costco-crushing SUVs, electrification is finally zeroing in on the auto industry’s most esoteric form: the tiny pickup truck.

January 27, 2023
GovernmentBusinessLogistics

Rail Workers Still Seeking Quality-of-Life Improvements

OMAHA, Neb. — The contract imposed on railroad workers last fall didn’t resolve their quality-of-life issues, but already this year there are indications the major freight railroads are starting to address some of their concerns.

January 26, 2023
BusinessLogisticsPrivate

Amazon to Sell Bay Area Office Complex as Sales Growth Cools

Amazon .com Inc. is selling a vacant Bay Area office complex purchased about 16 months ago, the company’s latest effort to unwind a pandemic-era expansion that left it with a surfeit of warehouses and employees.

January 26, 2023
GovernmentBusinessSafetyLogistics

Positive Marijuana Tests Among Drivers Grow at Alarming Rate

Nearly 41,000 truck drivers tested positive for marijuana in 2022, a 32% increase over 2021, according to a report recently compiled from data in the Federal Motor Carrier Safety Administration’s Drug & Alcohol Clearinghouse.

January 26, 2023
BusinessTechnology

Reduce the Noise: How to Solve Fleet Data Overload

Trucking companies today are inundated with fleet data. The constant juggling of system logins, dashboards, and alerts is not only overwhelming, but it’s inefficient and generates higher operating costs.

January 26, 2023
BusinessTechnologyEquipmentFuel

Nikola Launches Hyla Brand for Hydrogen Fuel

Nikola Corp. is launching updated branding for its hydrogen production, distribution and sales efforts, sharpening its focus on a segment integral to a company footprint that also includes production of fuel cell electric trucks and development of electric vehicle technology.

January 26, 2023