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.

Business

Target Stands By Its Annual Outlook

Target Corp. stood by its annual outlook after posting higher-than-expected profit in the first quarter, even as “softening sales trends” threaten to crimp short-term results.

May 17, 2023
BusinessEquipment

April Medium-Duty Sales See 16.2% Rebound

U.S. retail sales for medium-duty trucks grew 16.2% in April compared with the year-ago period, according to data from Wards Intelligence.

May 16, 2023
GovernmentBusinessTechnologyEquipment

Upcoming NOx Regulations Present Challenges for OEMs

Fleets and Class 8 truck manufacturers are running into many challenges preparing for the updated NOx regulations from the Environmental Protection Agency, coming into effect in 2027.

May 16, 2023
GovernmentBusiness

Online CDL Renewal Coming to Idaho in July

Truckers in Idaho will be able to renew their commercial driver licenses online starting in July as a new law to reduce bureaucratic red tape takes effect.

May 16, 2023
GovernmentBusiness

Retail Sales Rise 0.4% in April

NEW YORK — Americans picked up their spending modestly in April, spending money online and dining out, buoyed by a solid job market and a retreat in prices for some things.

May 16, 2023
GovernmentBusinessEquipment

Factory Production Rebounds in April After March Slump

Production at U.S. factories rebounded in April, led by a firm advance at automakers and suggesting some stabilization in goods demand.

May 16, 2023
GovernmentBusinessTechnology

Delaware Overturns Judge’s Ruling Blocking Tesla Dealership

Delaware’s Supreme Court on May 15 overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to customers.

May 16, 2023
GovernmentBusinessTechnologyEquipment

Ex-Audi CEO Pleads Guilty to Diesel Emissions Charges

FRANKFURT, Germany — The former head of Volkswagen’s luxury division Audi pleaded guilty May 16 to charges tied to the automaker’s diesel emissions scandal.

May 16, 2023
BusinessTechnologyEquipment

Isaac Instruments Adds Ginnie Henkels to Its Board

Virginia (Ginnie) Henkels has been appointed to the board of directors at Isaac Instruments.

May 16, 2023
BusinessEquipmentSafety

XPO’s Robert Dean Wins Washington Title, Qualifies for NTDC

Robert Dean, a longtime professional driver with XPO, took top honors at the Washington Truck Driving Championships last month competing in the flatbed class.

May 16, 2023