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.

GovernmentBusinessFuel

Diesel Prices Sink to an Average of $4.018 a Gallon

Diesel prices fell by an average of 5.9 cents a gallon in the past week to flirt with the $4 a gallon mark, settling at $4.018 a gallon, according to  the Energy Information Administration.

May 1, 2023
BusinessTechnologyEquipmentLogisticsFor-HireGlobal Freight

FedEx Freight Plans Closure of 29 Locations

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

May 1, 2023
GovernmentBusinessLogistics

GAO Tells DOT to Update Freight Handbook

To improve real-time decisions in the commercial transportation sector, a new government watchdog report recommended the U.S. Department of Transportation update its freight guidance.

May 1, 2023
BusinessFuel

4 Lubrication Strategies to Improve Fleet Uptime

See how fleet and maintenance managers can keep trucks on the road for longer and save money with these 4 lubrication best practices from the Mobil Delvac™ team. Plus, learn how our experts can help you implement them successfully.  

May 1, 2023
BusinessEquipment

Take Control of Your Fleet Graphics Campaigns With KWIK ZIPâ„¢

How are some of the world’s largest fleets overcoming skyrocketed inflation costs? By choosing to equip their vehicles with the KWIK ZIP™ Graphic System, top fleets are able to handle their own graphic installations & change-outs at half the cost, eliminating downtime and saving thousands of dollars!

May 1, 2023
Business

Drive Down Your Lodging Costs with This Helpful Guide

Don't let lodging costs eat up your profits. Check out this guide to learn how to save money by using the right hotel booking tool, setting practical travel policies, building flexibility into your bookings and more!

May 1, 2023
BusinessTechnologyEquipmentLogistics

Revamp Your Fleet Maintenance Strategy with AI

Discover how AI "smart" maintenance technology can help your fleet improve overall efficiency and gain greater oversight of operations. Download this Buyer's Guide to learn the key strategies for implementing predictive maintenance and achieving maximum cost savings.

May 1, 2023
BusinessEquipmentFor-HireTCA

Penske to Acquire Michigan-Based Star Truck Rentals

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

May 1, 2023
BusinessTechnologySafetyAutonomous

Aurora CEO Chris Urmson on the Future of Self-Driving Trucks

The prospect of a driverless semi is scary to many, but not to Aurora Innovation CEO Chris Urmson, who helped to build Google’s autonomous vehicle unit.

May 1, 2023
BusinessTechnologyFuel

BAE Systems, Eaton Collaborate on Electric Drive Solutions

BAE Systems is collaborating with the power management company Eaton to develop an integrated electric vehicle system for medium-duty trucks, the companies announced May 1.

May 1, 2023