Trucking Business News

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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.

GovernmentBusinessBreaking News

Carriers Claim Victory in Chassis Choice Ruling

The Intermodal Motor Carriers Conference of American Trucking Associations has won a favorable judgment in its case against the Ocean Carrier Equipment Management Association and others in a dispute involving chassis choice for carriers that operate at maritime and inland ports.

February 6, 2023
BusinessLogisticsFor-Hire

Forward Air Expands in Chicago Area With New Terminal

Forward Air Corp. will expand its expedited less-than-truckload service offering in the Chicago area with a new terminal in Bolingbrook, Ill., the company announced Feb. 6.

February 6, 2023
BusinessEquipmentTop 100

Daseke Reports Q4 Revenue Growth, Earnings Decline

Daseke Inc. experienced an increase in revenue but a decline in earnings year-over-year during the fourth quarter of 2022, the company reported Feb. 6.

February 6, 2023
GovernmentBusiness

Musk鈥檚 Tesla Tweets Didn鈥檛 Defraud Investors, Jury Says

SAN FRANCISCO 鈥 A jury on Feb. 3 decided Elon Musk didn鈥檛 defraud investors with his 2018 tweets about electric automaker Tesla.

February 6, 2023
BusinessTechnologyFuel

BMW Hopes to Ride the Wave of Hydrogen Trucking Stations

BMW AG is hoping to piggyback on future hydrogen fueling stations for trucks to help solve the protracted issue of building an expensive infrastructure network for cars powered by the alternative fuel.

February 6, 2023
GovernmentBusiness

Closing Arguments in Tesla Trial Keep Musk Center Stage

Elon Musk鈥檚 lawyer told a jury the Tesla Inc. chief executive officer has been 鈥渇alsely accused鈥 of defrauding investors and argued that the billionaire is not a 鈥渇ire-breathing tweeting monster.鈥

February 3, 2023
GovernmentBusinessEquipmentSafety

Carriers Hoping to See Relief After Years of Insurance Premium Increases

Carriers have weathered years of insurance premium increases and may see slight relief in 2023, but insurance providers continue to face inflation, economic pressures and larger verdicts in both average loss and nuclear verdicts.

February 3, 2023
GovernmentBusiness

January Hiring Burst Stuns Economists as Market Adds 517,000 Jobs

The government said Feb. 3 that employers added a sizzling 517,000 jobs last month and that the unemployment rate dipped to 3.4%, the lowest level since 1969.

February 3, 2023
GovernmentBusinessTechnology

Treasury Expands Tax Credits to More Electric SUVs

WASHINGTON 鈥 The Treasury Department said Feb. 3 it is making more electric vehicles eligible for tax credits of up to $7,500 under new vehicle classification definitions.

February 3, 2023
BusinessFor-Hire

ArcBest Reports Earnings Decline, Revenue Gain for Q4

ArcBest experienced a decline in earnings year-over-year on moderate revenue gains during the fourth quarter of 2022, the company reported Feb. 3.

February 3, 2023