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 Demand Destruction Starting to Look Inevitable, International Agency Says

Unprecedented diesel prices mean that demand destruction for the fuel is probable, the International Energy Agency said.

November 15, 2022
BusinessTechnologyEquipment

Daimler Reports Strong Q3 Gains Amid Constraints

Daimler Truck Holding AG reported a continued profitable growth path during the third quarter, with rocketing net income and higher revenue despite supply chain constraints and headwinds from raw material and energy prices.

November 15, 2022
GovernmentBusinessSafety

Hutcheson Cites History of Commitment to Gender Equality

DALLAS — The head of the Federal Motor Carrier Safety Administration told a conference hosted by a women’s trucking organization that she has been striving to elevate the vital role women play in the industry throughout her career.

November 15, 2022
BusinessLogisticsFor-Hire

Daseke Founder Sells Shares Amid Board Retirement

Daseke Inc. founder Don Daseke will sell his holdings in the company and step down from its board of directors, the company announced Nov. 14.

November 15, 2022
GovernmentBusinessTechnology

PrePass Urges Caution on CMV Electronic Identifier System

A new PrePass Safety Alliance white paper claims that a proposal to require that trucks have a unique electronic identifier system would not necessarily improve highway safety, and could allow inspectors to monitor the condition of commercial motor vehicles while they are in motion.

November 15, 2022
BusinessEquipmentFuelLogisticsFor-Hire

J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034

J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.

November 14, 2022
BusinessEquipmentLogisticsFor-HireGlobal Freight

FedEx Freight Unit Furloughs Workers as Cargo Demand Slows

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.

November 14, 2022
GovernmentBusinessTechnologyTCA

Stellantis Promotes Opportunities for Minority-Owned Businesses in EV Shift

The chief operating officer in North America of the maker of Jeep SUVs and Ram trucks on Nov. 14 emphasized the opportunities for minority-owned businesses to be a part of the company’s transformation toward electrification.

November 14, 2022
BusinessEquipment

October Classes 4-7 Retail Sales Uneven

Classes 4-7 U.S. retail sales in October were off 5% from a year earlier, thanks only to strength in Class 6 as the other classes fell, Wards Intelligence reported.

November 14, 2022
BusinessTechnology

Musk Complains of ‘Too Much Work’ After Taking Over Twitter

The fear Tesla Inc. investors had as soon as Elon Musk made his bid for Twitter Inc. has come to fruition: Even he admits he’s taken on more than he should.

November 14, 2022