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.

GovernmentBusinessSafetyLogistics

Rail Talks Watched as Contract Deadline Nears

As shippers and retailers head into the peak shopping season, ongoing labor negotiations are being closely watched for any signs of disruption, which experts say would have a huge impact on the U.S. economy.

September 13, 2022
GovernmentBusinessTechnologyEquipment

US, Mexico to Cooperate on Semiconductors, Electric Vehicles

MEXICO CITY — Mexico and the United States plan to take advantage of the Biden administration’s massive investment in semiconductor production to push the integration of their supply chains and cooperate on expanding the production of electric vehicles through Mexico’s nationalized lithium industry, officials from both countries said Sept. 12.

September 13, 2022
GovernmentBusinessFuel

US Inflation Falls for 2nd Straight Month on Lower Gas Costs

WASHINGTON — Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households.

September 13, 2022
BusinessTechnologyEquipment

Kenworth Offers New TX Model Automated Transmissions

Kenworth Truck Co., a brand of Paccar Inc., announced the new Paccar TX-18 and TX-18 Pro automated transmissions for Class 8 heavy on-highway and select off-highway vocational applications are now available for order.

September 12, 2022
BusinessEquipment

Goodyear Adds Armor Max Extreme Service Drive Tire

The Goodyear Tire & Rubber Co. announced a new addition to its Armor Max lineup, the Goodyear Armor Max Extreme Service Drive tire.

September 12, 2022
BusinessTechnologyFuel

Hyliion Names Jon Panzer Chief Financial Officer

Hyliion Holdings Corp. announced Jon Panzer joined the company as chief financial officer.

September 12, 2022
GovernmentBusiness

Decline in Demand to Affect Trucking Freight, Economists Say

The upcoming retail holiday season is likely to see slower sales below the surging pace of 2021 as the U.S. economy’s pace of growth slows to a much lower level, which will have an impact on the amount of freight shipped by trucking.

September 12, 2022
GovernmentBusinessTechnologyFuelAutonomousTCA

Pennsylvania Turnpike Explores Electrified Road Services for EVs

The Pennsylvania Turnpike is jumping into solar energy production to power its maintenance and office buildings with a long-term goal: using solar-generated power to electrify portions of the toll road so electric vehicles can charge as they travel.

September 12, 2022
BusinessTechnologyEquipmentLogistics

Storage, Labor Plague Logistics Companies Searching for Warehousing Solutions

While products for the most part are no longer sitting on ships waiting to be offloaded, the supply chain kink has just moved farther down the line — to warehouses, where much of the freight that was on those ships missed its window to be in the retail store.

September 12, 2022
GovernmentBusinessTechnologySafety

NHTSA Needs a New Chief With Road Deaths at 20-Year High

The National Highway Traffic Safety Administration is operating without a Senate-confirmed leader again, leaving a void atop the agency tasked with preventing road injuries and deaths even as the number of fatalities moves sharply in the wrong direction.

September 12, 2022