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.

BusinessSafety

Hero Daniel Harmon: Helping Kentucky Flood Victims Whose °®¶¹´«Ã½s Washed Away

Daniel Harmon understood what people in Kentucky were confronting when flooding overwhelmed parts of the state in July. The West Virginia native has experienced it, and when he saw it happening to neighboring Kentucky, he wanted to help.

October 28, 2022
BusinessSafety

Hero Sergey Bort: Striving to Aid Embattled Ukrainians

When Russian military forces invaded Ukraine in February, Sergey Bort’s thoughts immediately turned to family.

October 28, 2022
GovernmentBusinessTechnologyEquipmentFuel

Truckers Express Concern as California Lawmakers Seek to Phase Out Diesel Big Rigs

From truckers to railroaders, commenters testifying at an Oct. 27 public hearing and in writing expressed concerns ranging from the cost of new electric trucks to the adequacy of charging infrastructure when California’s proposed Advanced Clean Fleets Regulation takes effect beginning in 2024.

October 28, 2022
GovernmentBusinessTechnologyTCA

Cleveland Matchmaking App for Trucking Raises $4.4 Million

A Cleveland-based startup has a solution to the trucker shortage: matchmaking. Software company Drive My Way lets drivers create profiles where they describe what they’re looking for in a working relationship.

October 28, 2022
BusinessTechnologyLogistics

SpaceX’s Swarm Subsidiary Launches Satellite-Based Tracking Device

Swarm, a satellite data service provider owned by SpaceX, has introduced a simple asset-tracking device that can function anywhere in the world using the company’s global satellite network.

October 28, 2022
BusinessTechnologyEquipmentFuel

Allison Q3 Results Improve on Broad Gains

Allison Transmission Holdings Inc. reported higher third-quarter net income and revenue as five of six of its end markets climbed.

October 28, 2022
GovernmentBusinessLogistics

APM Terminals Mobile Reports Record Containers Handled for September

APM Terminals Mobile handled a company record number of 20-foot-equivalent containers in September, the port networks operator said Oct. 27.

October 28, 2022
BusinessTechnologyFuel

Tesla CEO Elon Musk Takes Control of Twitter

Tesla CEO Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Oct. 27.

October 28, 2022
GovernmentBusinessTechnologyAutonomous

Tesla Faces US Criminal Probe Around Self-Driving Claims

U.S. prosecutors are investigating whether Tesla Inc. made misleading claims about the capabilities of its Autopilot driver assistance system, according to a person familiar with the matter.

October 27, 2022
GovernmentBusinessEquipment

Auto Prices Finally Begin to Creep Down From Inflated Highs

While prices on new and used vehicles remain 30% to 50% above where they were when the pandemic erupted, signs are pointing to many vehicles becoming slightly more affordable.

October 27, 2022