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.

GovernmentBusinessTechnologyFuel

FHWA Makes Grants Available to Lower Emissions at Ports

The head of the Federal Highway Administration said the vital role truckers play at ports is at the center of a $400 million grant program to help reduce emissions.

April 27, 2023
GovernmentBusinessTechnologyEquipmentLogistics

California Passes First-in-Nation Locomotive Emission Rule

California’s Air Resources Board voted April 27 to approve a rule that would ban the use of locomotive engines more than 23 years old by 2030 and increase the use of zero-emission tech at ports and railyards.

April 27, 2023
GovernmentBusinessTechnologyEquipmentFuel

NACFE Run on Less to Focus on Electric Depot Trucking

The North American Council for Freight Efficiency’s upcoming Run on Less program will focus on scaling electric trucks across a variety of market segments.

April 27, 2023
BusinessTechnologySafety

Reducing Risk and Distracted Driving with AI Technology

Program Aired: April 27, 2023 2 p.m. ET April is designated as Distracted Driving Awareness Month by the National Safety Council to raise awareness around the escalating distracted driving issue. The need for this awareness is more significant than ever.Driver inattention accounts for over 3,000 deaths in the U.S. alone.     

April 27, 2023
BusinessLogistics

Merged CPKC Releases Strong Q1 Earnings

The merged Canadian Pacific Kansas City says in its first quarter together the new Class I railroad saw its income surge by 35% to C$800 million compared with C$590 million a year ago.

April 27, 2023
BusinessLogisticsFor-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

April 27, 2023
BusinessLogisticsTop 100

Schneider Reports 6% Q1 Earnings Gain Despite Revenue Drop

Schneider National achieved a 6% year-over-year earnings gain despite a revenue loss during the first quarter of 2023, the company reported April 27.

April 27, 2023
BusinessEquipmentLogisticsFor-Hire

Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

April 27, 2023
GovernmentBusinessEquipment

Senate Overturns Biden’s Anti-Smog Rules for Big Rigs

The Senate voted to overturn President Joe Biden’s pollution limits for big rigs that Republicans said were too aggressive, but were heralded by environmentalists as long overdue.

April 27, 2023
GovernmentBusinessTechnologyAutonomous

Warehouse Operators Look for ROI, Advantages in Automation

A tight labor market along with advances in warehouse robotics are the top reasons operators are beginning to make larger investments in automation.

April 27, 2023