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.

GovernmentBusinessLogistics

Customs and Border Protection to Test New Supply Chain Identifiers for Imports

The Office of Trade at U.S. Customs and Border Protection is launching a testing project for a global business identifier to streamline tracking of goods in supply chains.

December 14, 2022
GovernmentBusinessLogisticsGlobal Freight

Shippers Decry ‘Notoriously Difficult’ Railroads at Hearing

Shippers urged the U.S. railroad regulator to create more competition in the industry during hearings in which Union Pacific Corp. was called to explain a spike in service restrictions.

December 13, 2022
BusinessFuel

Keystone Partial Restart Delayed, Timeline in Flux

TC Energy’s efforts to restart a segment of its Keystone oil pipeline after a 14,000-barrel spill have been delayed by bad weather, according to people familiar with the matter.

December 13, 2022
BusinessTechnologyEquipmentBreaking News

November Class 8 Sales Second-Highest of 2022

Class 8 U.S. retail sales in November were the second-highest this year and continued the trend since May of monthly gains compared with a year earlier, Wards Intelligence reported.

December 13, 2022
BusinessTechnology

Tesla Stock Has Never Been This Cheap — And It Could Still Drop Further

Tesla Inc. shares are trading at their cheapest ever by at least one measure as the electric vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire CEO Elon Musk’s priorities.

December 13, 2022
GovernmentBusinessTechnologyTCA

Federal Energy Grants to Spur DC Fast-Charging Development

High-speed charging for electric vehicles could be on its way to becoming a mainstream convenience, available at grocery stores, apartment buildings and other locations many people frequent.

December 13, 2022
GovernmentBusiness

Inflation Slowed Sharply to 7.1% Over Past 12 Months

Inflation in the United States slowed again in November in the latest sign that price increases are cooling despite the pressures they continue to inflict on American households.

December 13, 2022
GovernmentBusinessLogisticsGlobal Freight

Global Trade Surges to $32 Trillion Record in 2022, U.N. Says

The value of global trade is set to reach a new record this year, increasing by about 12% to an estimated $32 trillion, according to a U.N. report that signaled a slowdown heading into 2023.

December 13, 2022
BusinessTechnologyEquipment

Einride Secures an Additional $500 Million in Funding

Freight mobility technology company Einride announced it secured $500 million in financing, including a Series C equity raise and a debt facility.

December 13, 2022
GovernmentBusinessFuelLogisticsPerspective

Perspective: Taking Aim at Unfair Billing

American Trucking Associations, the Association of Bi-State Motor Carriers and the Harbor Trucking Association jointly support a recently released Notice of Proposed Rulemaking from the Federal Maritime Commission that seeks to expand the timeliness and overall level of detail and transparency for detention and demurrage invoices coming from common carrier billing parties that provide ocean carriage and storage of freight. 

December 12, 2022