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.

GovernmentBusinessSafety

IIJA Implementation Is Ongoing Process, DOT Official Says

WASHINGTON — Distributing funding as part of the implementation of a $1.2 trillion infrastructure law is an ongoing process capable of assisting stakeholders over the coming years.

January 13, 2023
GovernmentBusinessTechnologyEquipmentFuel

Can Heavy Electric Trucks Be Deployed Industrywide by 2045?

WASHINGTON — Successful electrification of heavy trucks will require motor carriers to coordinate driver rest periods with charging their trucks, a potential obstacle that could increase carrier operational costs and result in delivery delays.

January 13, 2023
BusinessLogistics

Amazon Leads Rebound in Battered Tech as Traders Reload on Risk

Amazon .com Inc. was among the biggest contributors to the Nasdaq 100 Index’s 4.5% gain for the week ending Jan. 13 as the market regains its appetite for risk.

January 13, 2023
BusinessTechnology

Nikola to Shift Battery Manufacturing to Arizona

Nikola Corp. announced it is moving its battery manufacturing to its Coolidge, Ariz., manufacturing facility from Cypress, Calif.

January 13, 2023
BusinessTechnologyEquipmentTCA

Stellantis Secures Manganese Sulfate Supply for EV Batteries

The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Jan. 9 said it has secured a supply of high-purity manganese sulfate monohydrate for electric vehicle batteries.

January 13, 2023
BusinessEquipmentBreaking News

December Class 8 Sales Reach All-Time High

U.S. Class 8 retail sales in December reached an all-time monthly high, Wards Intelligence reported.

January 13, 2023
GovernmentBusiness

Yellen Sees Turnaround of Supply Chains in Recent Inflation Data

Treasury Secretary Janet Yellen welcomed the most recent U.S. inflation figures, saying some of the most important price pressures over the past two years had begun to decline significantly.

January 13, 2023
BusinessTechnology

FTR Announces Key Executive Changes

FTR, an economic and freight forecasting firm, announced it appointed Jonathan Starks CEO of the company, replacing Eric Starks, who will be transitioning to chairman of the board.

January 12, 2023
BusinessEquipment

MEMA Retools Operational Structure, Announces Executive Appointments

The venerable trade association for motor vehicle and mobility suppliers, parts manufacturers and remanufacturers announced a new brand and business structure as MEMA, the Vehicle Suppliers Association.

January 12, 2023
GovernmentBusinessLogistics

Cold Storage Facility to Be Built Near Port of Charleston

South Carolina has captured a $49.9 million deal for a cold storage warehousing and logistics company to set up operations near the Port of Charleston, Gov. Henry McMaster announced.

January 12, 2023