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.

GovernmentBusinessTechnologyFuel

California Strengthens Alliances for Transportation Electrification

The governor of California is strengthening a clear energy partnership with two neighboring states and British Columbia.

October 11, 2022
GovernmentBusinessSafetyFuelLogisticsTCA

Temporary Repairs to Sanibel Causeway Allow Trucks to Reach Island

A slow march of utility trucks headed to Sanibel Island near Fort Myers, Fla., on Oct. 11 following temporary repairs to the Sanibel Causeway, which was broken in three locations during Hurricane Ian.

October 11, 2022
BusinessTechnologyFuel

Honda, LG to Build $3.5 Billion Battery Plant, Hire 2,200 in Ohio

COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.

October 11, 2022
BusinessEquipmentLogistics

First the Mississippi, Now the Ohio River Faces a Barge Crisis

The Mississippi River isn’t out of the woods as falling water levels along its major tributaries threaten to deepen a crisis on the U.S.’s main artery for moving vital products. And now the Ohio River is seeing closures at multiple locations due to groundings and dredging work.

October 11, 2022
BusinessTechnologyLogisticsFor-Hire

XPO Board of Directors Approves RXO Spinoff

XPO Logistics Inc. received board approval to spin off its technology-based brokered operations into a stand-alone business, the company announced Oct. 10.

October 11, 2022
BusinessTechnologyFuel

New GM Division to Make EV Chargers

General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce chargers for electric vehicles, as well as solar panels and other energy-related technology for homes and businesses.

October 11, 2022
GovernmentBusinessSafetyLogistics

Large Rail Union Rejects Deal

OMAHA, Neb. — The U.S.’s third-largest railroad union rejected a deal with employers Oct. 10, renewing the possibility of a strike that could cripple the economy. Both sides will return to the bargaining table before that happens.

October 11, 2022
BusinessTechnology

Tom McLeod on Expanding Data Analytics and Business Intelligence Capabilities

TT's Seth Clevenger interviews McLeod Software CEO Tom McLeod about product development, cybersecurity and trends we'll see in the coming years. 

October 8, 2022
Business

CVG Names Andy Cheung New Chief Financial Officer

Diversified supplier Commercial Vehicle Group Inc. announced it appointed Andy Cheung chief financial officer, effective Oct. 11.

October 7, 2022
BusinessLogistics

Mississippi Barge Backup Stalls Millions of Tons of Cargo

Prolonged drought is jeopardizing waterborne trade along the Mississippi River, a basin that produces 92% of the nation’s agricultural exports.

October 7, 2022