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.

BusinessEquipment

Paccar Increases Regular Dividend

Paccar Inc. announced an increase of 9% in its regular quarterly cash dividend to 37 cents from 34 cents per share.

September 14, 2022
BusinessTechnologyEquipmentBreaking News

Class 8 Sales in August Climb to Year’s Best

Class 8 U.S. retail sales in August reached their high point for the year, clearing 23,000 for a 29.7% increase compared with a year earlier, Wards Intelligence reported.

September 14, 2022
GovernmentBusinessLogistics

US Producer Prices Fall for a Second Month as Fuel Costs Retreat

A measure of U.S. producer prices fell for a second month in August as fuel costs continued to retreat, though an underlying measure of wholesale costs solidified a sign of persistent inflation in the production pipeline.

September 14, 2022
GovernmentBusinessTechnologyEquipmentSafety

Pulsing Brake Light Maker Wants FMCSA Decision

The owner of brake-lamp technology with a pulsating bulb feature intended to help reduce rear-end collisions with trucks and trailers has asked a federal appellate court to compel the Federal Motor Carrier Safety Administration to act on a long-pending exemption request to permit the company to deploy the system.

September 14, 2022
GovernmentBusinessLogistics

Potential US Rail Strike Risks Stoking Inflation

The looming U.S. rail strike threatens to push inflation even higher across the country after prices jumped more than expected last month.

September 14, 2022
GovernmentBusiness

Senators Introduce Coast Guard Policy Bill

Senate Commerce Committee leaders recently introduced a Coast Guard authorizing bill that would dedicate funds for shoreline modernization programs.

September 13, 2022
GovernmentBusinessFuel

Biden Officials Weigh Buying Oil at Around $80 to Refill Reserves

The U.S. may begin refilling its emergency oil reserve when crude prices dip below $80 a barrel, according to people familiar with the matter.

September 13, 2022
GovernmentBusinessLogistics

White House Weighs Emergency Decree for Rails if There’s a Strike

The White House is considering the use of emergency powers to ensure critical materials, such as chlorine for wastewater treatment plants, can be delivered in the event of a freight rail worker strike in order to avoid devastating disruptions to services.

September 13, 2022
BusinessTechnologyLogistics

Number of Female Technicians in Transportation Remains Low

The percentage of female technicians working at transportation companies remains low, the Women In Trucking Association Index found Sept. 12.

September 13, 2022
BusinessTechnologyEquipment

DTNA Unveils Plus Series for Classes 6-8 Freightliner Models

Daimler introduced major updates to the interior and electrical systems of its M2 and SD models, including new safety and connectivity systems.

September 13, 2022