Trucking Business News

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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.

GovernmentBusinessSafety

Freight Groups Urge FHWA to Withdraw IIJA Memo

American Trucking Associations is among the groups calling on the Federal Highway Administration to withdraw a memorandum from a little over a year ago focused on the implementation of a $1.2 trillion infrastructure law.

January 19, 2023
BusinessEquipment

December Trailer Orders Hit All-Time Second-Highest Level

U.S. trailer orders in December surged to the second-highest level since ACT Research began tracking them in 1996, the company reported.

January 19, 2023
BusinessEquipmentLogistics

Fleets Grapple With Freight Rate Pressures

Trucking companies are navigating a challenging economic environment where stubbornly high costs for goods are affecting what shippers are willing to pay for transport, experts warned.

January 19, 2023
Business

J.B. Hunt Reports Mixed Financials in Q4

J.B. Hunt Transport Services on Jan. 18 reported lower net income and higher revenue for the fourth quarter of 2022.

January 19, 2023
GovernmentBusiness

Alabama Grants $40 Million to 33 Transportation Projects

Three plans targeted to improve truck traffic in Alabama are among 33 road and bridge projects receiving a total of $40 million in state transportation funds announced by Gov. Kay Ivey.

January 19, 2023
GovernmentBusinessLogisticsTCA

Georgia DOT Completes First Infrastructure Grant Project

ATLANTA — The Georgia Department of Transportation completed its first Consolidated Rail Infrastructure and Safety Improvement (CRISI) Grant project in January.

January 19, 2023
GovernmentBusinessSafety

Federal Officials Plan to Add Fentanyl to Drug Tests

Federal drug regulators could soon announce plans to add fentanyl to a drug testing panel that would detect use of the dangerous drug among safety-sensitive federal employees — ultimately including truck drivers — after adoption by the Department of Transportation.

January 19, 2023
GovernmentBusiness

Jobless Claims Fall to Lowest Since September

WASHINGTON — The number of people seeking unemployment benefits in the U.S. reached a four-month low for the week of Jan. 8-14.

January 19, 2023
GovernmentBusiness

Retail Sales Fall 1.1% in December as Inflation Takes a Toll

NEW YORK — Americans cut back on spending in December, the second consecutive month they’ve done so.

January 18, 2023
GovernmentBusiness

California Trucking Group Rekindles Legal Battle to Block AB 5

The California Trucking Association has asked a federal judge to issue a new preliminary injunction in an attempt to continue its legal battle to block enforcement of California’s AB 5 law that CTA maintains will force owner-operators to become motor carrier employees.

January 18, 2023