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.

BusinessTechnologyAutonomous

Nikola Develops Hydrogen Mobile Fueler to Use in 2023

Nikola Corp. announced it developed a heavy-duty, 700-bar hydrogen mobile fueler capable of direct fueling hydrogen fuel cell electric vehicles.

January 18, 2023
BusinessEquipment

December Classes 4-7 Retail Sales Stumble

U.S. retail sales for medium-duty trucks experienced a 6.2% year-over-year decline in December, Wards Intelligence reported.

January 18, 2023
GovernmentBusinessEquipment

Producer Price Index Sees Biggest Decline Since April 2020

U.S. producer prices dropped in December by the most since the start of the pandemic, extending a monthslong pullback in inflationary pressures and giving the Federal Reserve room to slow the pace of interest-rate hikes.

January 18, 2023
BusinessTechnology

Volvo Group Venture Capital Invests in Autonomous Tech Firm Waabi

Volvo Group Venture Capital AB on Jan. 18 said it is investing in Canadian autonomous trucking technology company Waabi Innovation Inc.

January 18, 2023
GovernmentBusinessSafety

DOT Unveils Strategic Safety Plan

Evaluating existing technologies and supporting emerging technologies will facilitate the adoption of safety programs for the country’s mobility corridors, a new strategic plan from the Department of Transportation determined.

January 17, 2023
GovernmentBusiness

Jury Selection Begins for Musk’s Tesla Tweets Trial

A Silicon Valley judge began questioning potential jurors Jan. 17 to hear allegations that Elon Musk cheated Tesla investors by claiming in a 2018 tweet that he had lined up financing to take the electric automaker private.

January 17, 2023
GovernmentBusinessSafety

New York Extends Length of Commercial Driver Learner's Permits

New York has extended the validity for its commercial learner permit from six months to a year to help offset a shortage of commercial drivers.

January 17, 2023
BusinessLogistics

RoadOne Acquires Intermodal Service Provider

RoadOne IntermodaLogistics announced the acquisition of The Transporter Inc., a regional intermodal service provider with office locations in Houston, Dallas and Laredo, Texas.

January 17, 2023
BusinessTechnologyEquipmentLogistics

Heavy-Duty Electric Truck ‘Subscriptions’ Could Clean Up Pollution

Change to the hidden health and climate cost of consumer goods carried by tens of thousands of drayage trucks is coming in the form of more widely-accessible electric alternatives.

January 17, 2023
BusinessTechnologyEquipmentAutonomous

Tesla Cuts Vehicle Prices in Bid to Boost Flagging Demand

DETROIT — With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Jan. 13 on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.

January 13, 2023