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.

BusinessFuel

2023 Comdata and T-Chek Averages

Diesel prices for Comdata are based on seven–day cash card transactions from more than 6,500 truck stops. T-Chek prices for self-service are based on purchases at more than 4,500 truck stops; wholesale prices are based on terminals and suppliers from 308 cities.

April 25, 2023
GovernmentBusinessLogisticsTCA

House Introduces Ocean Shipping Competition Enforcement Act

U.S. Rep. John Garamendi (D-Calif.) on April 24 introduced the Ocean Shipping Competition Enforcement Act, legislation he says will help the Federal Maritime Commission.

April 25, 2023
BusinessLogisticsFor-Hire

UPS Reports Lower Earnings as Consumer Spending Slows

UPS Inc. reported first-quarter earnings that were lower than those the Atlanta-based company posted in the same period in 2022 and were mixed when it came to Wall Street expectations.

April 25, 2023
BusinessTechnologyEquipment

Paccar Q1 Earnings Soar as Truck, Parts Margins Jump

Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.

April 25, 2023
GovernmentBusinessTechnologyTCA

Colorado to Put More Electric Trucks, Semitrailers on Roads

Colorado’s trucking industry will need to start investing in zero-emission semitrailers, buses and delivery trucks as soon as 2027 as part of the state’s strategy to reduce emissions.

April 25, 2023
BusinessTechnology

Carrier Transicold Debuts Supra eCool Series

Carrier Transicold is launching a new truck refrigeration series with a focus on quiet and emission-free performance, the company announced April 25.

April 25, 2023
GovernmentBusinessTechnologyEquipmentLogistics

Pete Buttigieg Eyes Expansion of Supply Chain Data-Sharing

A voluntary forum through which freight sector stakeholders can share information is poised to expand, Transportation Secretary Pete Buttigieg recently told members of Congress.

April 25, 2023
BusinessLogistics

CN Announces Alliance With Union Pacific, Mexican Railroad

Canadian National announced plans to begin rail service in Mexico, the United States and Canada with what the railroad says will be a seamless connection in Chicago.

April 25, 2023
BusinessTechnologyEquipment

GM, Samsung Plan New EV Battery Cell Factory in US

General Motors and South Korea’s Samsung SDI plan to invest more than $3 billion in a new electric vehicle battery cell plant in the United States, the companies said April 25.

April 25, 2023
GovernmentBusinessTechnologyEquipmentSafetyLogistics

Road Designers Confront Challenges of Balancing Safety, Function

Trees and passenger vehicles number among the safety challenges for road design benefiting freight movement. Will the new influx of federal funding help us get it right?

April 25, 2023