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.

BusinessLogistics

Truck Makers Recruit Their Own Employees to Combat Driver Shortage

Stellantis NV and Renault SA are turning to their own ranks to tackle a shortage of truck drivers that’s leaving thousands of vehicles stranded away from dealerships and customers.

March 3, 2023
Business

Subaru Makes CEO Change as Japan’s Carmakers Play Catch-Up on EVs

Subaru Corp. appointed Atsushi Osaki as CEO and president, following Toyota Motor Corp.’s decision to overhaul its top ranks, suggesting a greater urgency among Japanese carmakers to accelerate efforts to better compete in the electric vehicle era.

March 3, 2023
GovernmentBusinessTechnology

DOE Says Trucks, Transport Refrigeration Units Ideal for Solar Panel Energy

Commercial trucks, trailers and transport refrigeration units have been designated top candidates to integrate with experimental solar photovoltaics to lower diesel fuel use or boost power in electric vehicles.

March 3, 2023
BusinessTechnologyEquipmentSafetyFuel

Panel Uses Root Cause Analysis to Assess Recruiting, Retention

ORLANDO, Fla. — Five people are about to sit in a conference room at XYZ Fleet to determine why it has been difficult to recruit and retain their technicians.

March 2, 2023
BusinessTechnologyEquipment

J. David Walters Claims Mentor Award at TMC

ORLANDO, Fla. — American Trucking Associations’ Technology & Maintenance Council recognized several maintenance professionals during an awards ceremony held at its Annual Meeting and Transportation Technology Exhibition.

March 2, 2023
BusinessTechnologyEquipmentSafetyAutonomous

TuSimple Cleared by FMCSA Over 2022 Arizona Incident

Autonomous driving technology company TuSimple said it has been cleared by the Federal Motor Carrier Safety Administration concerning an April 6, 2022, incident in Tucson, Ariz., when one of its trucks struck a concrete barrier on Interstate 10, which resulted in no injuries.

March 2, 2023
GovernmentBusinessTechnology

FHWA Issues Requirements for EV Chargers — but Not for Trucks

The Federal Highway Administration has issued a final rule for minimum standards of electric vehicle chargers, but has chosen to not yet broaden the rule to include minimum standards for medium- and heavy-duty electric truck charging infrastructure.

March 2, 2023
Business

Tesla Announces Plan to Halve Prices of Next-Generation Cars

DETROIT — Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

March 2, 2023
GovernmentBusinessTechnology

Truck Business, Policymakers Will Need to Tag Team Against Emissions

Trucks using batteries or hydrogen fuel cells instead of diesel engines will need to make up the vast majority of new EU sales by 2040 under plans to reduce CO2 emissions from medium- and heavy-duty vehicles by 90% from 2019 levels.

March 2, 2023
BusinessTechnologyEquipment

Todd Cotier Installed as New TMC Chairman

ORLANDO, Fla. — Todd Cotier became the newest general chairman of the American Trucking Associations’ Technology & Maintenance Council when he was installed March 1 during a reception at Universal Studios Florida.

March 2, 2023