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.

GovernmentBusinessTechnology

Biden Says IBM Investment to Help in Tech Competition With China

POUGHKEEPSIE, N.Y. 鈥 President Joe Biden predicted Oct. 6 a $20 billion investment by IBM in New York鈥檚 Hudson River Valley will help give the United States a technological edge against China, hailing the expansion during an appearance with two House Democrats in competitive races in next month鈥檚 critical elections.

October 7, 2022
GovernmentBusiness

Hiring Stayed Solid in September, but Trucking Sheds 11,400 Jobs

WASHINGTON 鈥 America鈥檚 employers slowed their hiring in September but still added a solid 263,000 jobs 鈥 a dose of encouraging news that may mean the Federal Reserve鈥檚 drive to cool the job market and ease inflation is starting to make progress. Trucking however saw a sizable decline in truck transportation payrolls.聽

October 7, 2022
BusinessTechnologyLogisticsAutonomous

Tesla Plans to Deliver Semis to Pepsi Five Years After Unveiling

Tesla Inc. will deliver its first Semi trucks to PepsiCo Inc. five years after Elon Musk showed off prototypes and began taking deposits for the electric big rigs.

October 7, 2022
BusinessTechnologyFuel

Twitter Says Musk 鈥楥an and Should鈥 Close Buyout Next Week

Twitter Inc. rejected Tesla CEO Elon Musk鈥檚 request to pause an upcoming trial over his $44 billion takeover of the social media company, saying the billionaire 鈥渃an and should鈥 close the deal next week.

October 6, 2022
GovernmentBusinessSafetyLogisticsFor-HirePrivate

Broad Relief Efforts Converge After Hurricane Ian

Trucking companies, government entities and nonprofit groups responded to the devastation wrought along Florida鈥檚 Gulf Coast by Hurricane Ian last month with relief efforts for the many areas affected by the storm, and are working to overcome challenges in getting aid to those in need.

October 6, 2022
GovernmentBusinessSafetyLogistics

States Approve Rule Exemptions to Speed Florida Relief Efforts

Motor carriers transporting relief supplies to regions of Florida and South Carolina affected by Hurricane Ian are working with a variety of emergency vehicle size and weight exemptions in effect in neighboring states, moves made by governors and state agencies looking to help speed relief supplies to storm-ravaged areas.

October 6, 2022
BusinessFuel

9 MPG Fleet鈥檚 Guide to Fuel Economy, Sustainability & Profitability

Program Aired: October 6, 2022. MVT Solutions (a subsidiary of Mesilla Valley Transportation) shows how easy it is to improve fuel economy, sustainability, and fleet profitability. The old ways of endless conference calls, laborious and time consuming in-service tests, and frustration have been replaced by racecar engineering and proven success with a group of the biggest fleets in North America.

October 6, 2022
GovernmentBusinessTechnologyEquipmentSafety

IIJA, Workforce and Parking Top FMCSA鈥檚 Fall Agenda

The implementation of the $1 trillion infrastructure law and proceeding with workforce and parking programs for the trucking industry will headline the Federal Motor Carrier Safety Administration鈥檚 fall agenda.

October 6, 2022
GovernmentBusinessSafetyLogistics

Rail Strike Threat Exposes Supply Chain Vulnerability

The threat of a nationwide strike by railroad workers that could have shut down the nation鈥檚 freight trains exposed vulnerabilities in the supply chain that could have proved devastating to the economy.

October 6, 2022
BusinessLogistics

Dwindling Mississippi River Grounds Barges, Threatens Shipments

A logjam of more than 100 ships, tugboats and their convoys of barges in the shrinking Mississippi River is threatening to grind trade of grains, fertilizer, metals and petroleum to a halt.

October 6, 2022