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.

BusinessTechnologyLogistics

Safe and Reliable Battery Systems for Electric Trucks

BYD electric trucks are hard at work across North America, moving freight at ports and railyards, making deliveries, and collecting refuse. BYD trucks are environmentally friendly with zero harmful emissions while also providing the reliability and performance you need. Our truck’s safe and reliable battery technology improve your bottom line with lower fuel and maintenance costs.

March 1, 2023
BusinessTechnologyEquipment

The 2023 Fleet Managers' Insights Report from Pitstop

The report to get your fleet ready for a bigger and better 2023! Pitstop sat down with fleet managers operating various fleet sizes in North America to uncover key findings and insights to help improve your overall fleet performance. Read the latest trends, pain points, and technologies that are impacting the trucking industry today.

March 1, 2023
BusinessEquipment

Used Class 8 Prices Down 16% Year-Over-Year in January

Used Class 8 truck sales in January decreased 12% month-over-month to 18,500 units from 21,100 units, ACT Research reported.

March 1, 2023
GovernmentBusinessTechnology

DOE Outlines Higher Upfront Costs for Green Heavy Trucks

Trucking companies are being advised to seek government incentives to help offset high price tags of green heavy trucks that are forecast based on federal figures to cost $28,000 to $297,500 more than diesel engines vehicles.

March 1, 2023
GovernmentBusinessTechnologyLogisticsGlobal Freight

Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs

The White House’s supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.

March 1, 2023
GovernmentBusiness

Manufacturing Shrinks at Slower Pace in February, Prices Gauge Jumps

A gauge of manufacturing improved for the first time in six months, though activity remained in contraction territory amid fragile demand and growing inflationary pressures.

March 1, 2023
GovernmentBusinessTechnologyEquipmentLogistics

ATA Execs Highlight Outreach, Advocacy Benefits at MSC Conference

ORLANDO, Fla. — Long-standing advocacy and outreach programs continue to be essential tools for stakeholders to advance their message with policymakers, American Trucking Associations executives told members of the Moving & Storage Conference on Feb. 27.

March 1, 2023
BusinessTechnology

Rivian Slides as EV Production Target, Cash Burn Raise Concerns

Rivian Automotive Inc. tumbled the most in nine months after the electric vehicle maker’s production plans for this year fell short of Wall Street’s expectations.

March 1, 2023
GovernmentBusinessEquipmentTCA

Buttigieg, Surveying Future Panasonic Battery Plant, Sees Manufacturing ā€˜Renaissance’

Transportation Secretary Pete Buttigieg on Feb. 27 hailed the massive Panasonic battery plant planned for De Soto, Kan., as part of a wave of industrial production centered on electric vehicles that is spurring an ā€œAmerican renaissanceā€ in manufacturing.

March 1, 2023
BusinessTechnologyEquipmentAutonomous

AVs Could Alter Trucking Insurance Landscape

ORLANDO, Fla. — The emergence of autonomous vehicle technology could have profound repercussions for trucking insurance, according to a panel of experts Feb. 28 during the Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition.

March 1, 2023