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.

BusinessLogisticsBreaking News

Truck Tonnage in August Surges 7.4% Year-Over-Year

Truck tonnage in August surged 7.4% when measured against the same month a year ago, and on a sequential basis it rose 2.8% from July, according to American Trucking Associations.

September 20, 2022
GovernmentBusinessFuel

Nikola Execs Threatened to Quit If Trevor Milton Didn鈥檛 Step Down

Three top Nikola Corp. executives threatened to resign in 2020 if the electric vehicle maker鈥檚 founder, Trevor Milton, didn鈥檛 step down as executive chairman, according to a filing in the federal fraud case against him.

September 20, 2022
GovernmentBusinessTechnologyEquipmentSafetyFuel

Fisker, Wallbox Partner on EV Charging Stations

Electric vehicle maker Fisker Inc. on Sept. 20 named electric vehicle and energy management solutions provider Wallbox its global partner for home EV charging solutions.

September 20, 2022
BusinessTechnologyLogisticsPrivateTCA

Amazon Signs Deal to Bring Low-Carbon Fuels to Trucking Fleet

SEATTLE 鈥 Amazon .com Inc. signed an agreement with renewable fuels technology company Infinium on Sept. 20 to begin powering its transport vehicles with ultra-low carbon electrofuels starting in 2023.

September 20, 2022
BusinessTechnologyEquipment

Parts Shortage Forces Ford to Cut Its Q3 Earnings Forecast

DEARBORN, Mich. 鈥 A parts shortage that has thousands of Ford鈥檚 most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.

September 20, 2022
BusinessTechnologyEquipmentFuelAutonomous

Daum Stresses Green Technology, Collaboration

HANOVER, Germany 鈥 Daimler Truck CEO Martin Daum said his company is pursuing a clean-energy strategy built around electric and fuel cell technology, setting aside natural gas as a component of the plan.

September 20, 2022
GovernmentBusinessLogistics

California Ports Face Calls to Go Green After 鈥楿nmitigated Growth鈥

After years of 鈥渦nmitigated growth,鈥 the nation鈥檚 busiest port complex is facing calls to lower its carbon footprint from Southern California communities plagued by the health and environmental impacts, said Long Beach Mayor Robert Garcia.

September 20, 2022
BusinessTechnologyEquipmentFuelAutonomous

Batteries Battle Fuel Cells for Top Spot for Electric Trucks

Nikola President Michael Lohscheller was beaming when he unveiled the U.S. startup鈥檚 fuel cell truck for the European market at the region鈥檚 biggest commercial vehicle show this week.

September 20, 2022
GovernmentBusinessFuel

Winter in Europe Looms as Next Challenge for Energy Availability

CHICAGO 鈥 Two former White House officials say the world鈥檚 supply chain has experienced unprecedented disruption the last 2陆 years because of the COVID-19 pandemic.

September 19, 2022
GovernmentBusinessTechnologyFuel

Nikola CEO Mark Russell Says Trevor Milton Was Prone to Exaggerate

Nikola Corp.鈥檚 chief executive officer told a jury he learned only after joining the company that its debut electric truck had neither a gas-powered turbine nor a fuel cell when founder Trevor Milton unveiled it.

September 19, 2022