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.

BusinessTechnologyEquipment

Dashcams Promote Safety, Transparency, Motive Leaders Say

SAN DIEGO — Dashcams continue to showcase potential for increasing safety and transparency for industry stakeholders, representatives from a technology firm told trucking executives Oct. 23.

October 23, 2022
GovernmentBusinessTechnologyEquipmentFuel

EV Battery Production Boosted by $2.8 Billion Federal Grant to 20 Companies

Companies in 12 states are receiving $2.8 billion in federal awards to strengthen domestic production of electric vehicle batteries and grid components, part of President Joe Biden’s agenda to boost U.S. manufacturing and accelerate clean energy initiatives.

October 23, 2022
Business

Covenant Reports Robust Earnings, Revenue Results for Q3

Covenant Logistics Group Inc. experienced year-over-year revenue and earnings growth during the third quarter, the company reported Oct. 20.

October 23, 2022
GovernmentBusinessEquipmentSafety

California AB 5 Law: Many Challenges, No Easy Solutions

SAN DIEGO — The good news for motor carriers subject to the California AB 5 law is that legal experts say state prosecutors have not taken carriers to court to enforce the state’s controversial independent contractor misclassification law.

October 23, 2022
GovernmentBusiness

Family Business Leader Says Trucking Central to Economy's Success

SAN DIEGO — A trade group that advocates for family-owned businesses is seeking the support of trucking company owners as it lobbies for the launch of a Congressional initiative to help families plan for passing businesses down to the next generation.

October 23, 2022
GovernmentBusinessTechnologyEquipment

Environmental Regulations Poised to Alter Future of Trucking Equipment

SAN DIEGO — A plethora of upcoming environmental regulations are poised to reshape the trucking industry’s equipment market by further curbing engine emissions and pushing adoption of zero-emission trucks.

October 23, 2022
GovernmentBusinessSafety

Cost of Fuel Ranks as Trucking’s Top Concern in ATRI 2022 Survey

SAN DIEGO — Fuel prices overtook the driver shortage as the top issue of concern expressed by drivers and motor carriers in the American Transportation Research Institute’s 2022 Top Industry Issues survey, made public here on Oct. 22.

October 22, 2022
GovernmentBusinessTechnologyEquipmentSafetyLogistics

FMCSA's Robin Hutcheson Promotes Workforce, Touts Industry’s Contributions

SAN DIEGO — Recruiting and retaining women for jobs in the trucking industry is a goal the Biden administration is pursuing, the nation’s top trucking regulator said Oct. 22.

October 22, 2022
GovernmentBusinessTechnologyEquipmentSafety

Drivewyze, Inrix Partner With Georgia DOT on Real-Time Traffic Alerts

Drivewyze announced it partnered with the Georgia Department of Transportation to provide real-time traffic alerts from Inrix through Drivewyze’s smart roadways service.

October 22, 2022
BusinessTechnologyEquipmentSafety

DTNA, Lytx to Partner on Factory-Installed Dual Camera Module

Daimler Truck North America announced plans to offer a complete factory-installed dual camera module from video telematics provider Lytx on its Freightliner and Western Star trucks.

October 22, 2022