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.

GovernmentBusinessTechnologySafety

FHWA Nominee Shailen Bhatt to Appear Before US Senate Panel

President Joe Biden’s nominee to lead the Federal Highway Administration is scheduled to address this month the U.S. Senate committee on transportation policy.

September 7, 2022
BusinessEquipment

Class 8 Orders in August Mark Year’s High Point

Class 8 orders in August climbed to the highest level in 2022 as they rebounded smartly from July’s low point of the year, yet still trailed far behind the year-ago level.

September 7, 2022
GovernmentBusinessTechnologyEquipmentFuel

Public Comment Mixed on FHWA’s Electric Charging Infrastructure Proposal

Public comment on a proposed federal regulatory and funding road map for setting up a national electric charging station infrastructure received mixed comments from a wide variety of interested parties.

September 7, 2022
GovernmentBusinessEquipmentTCA

Yellen to Speak at Ford Electric Vehicle Center

WASHINGTON — Treasury Secretary Janet Yellen will deliver an economic speech Sept. 8 at Ford Motor Co.’s Rouge Electric Vehicle Center in Dearborn, Mich.

September 7, 2022
GovernmentBusinessTechnologyEquipmentTCA

Biden to Tour Detroit Auto Show

WASHINGTON — The White House said President Joe Biden will tour the Detroit Auto Show next week — his first return to the show since 2017.

September 7, 2022
GovernmentBusinessFuelTCA

Louisiana’s Fuel Tax Can’t Meet Road Needs, Audit Says

Revenue from Louisiana’s gasoline tax is insufficient to meet the state’s road and bridge needs, Legislative Auditor Michael Waguespack said in a report issued Sept. 6.

September 7, 2022
BusinessFuelTCA

Sheetz Reduces Its Diesel Price for Truck Driver Appreciation

ALTOONA, Pa. — In recognition of the country’s truck drivers, Sheetz has announced it has lowered the price of its diesel fuel to $4.49.

September 7, 2022
BusinessLogisticsFor-HireTCA

UPS to Hire 100,000 Seasonal Workers Ahead of Holidays

UPS Inc. is staffing up for the holiday shipping season by hiring more than 100,000 seasonal workers — a daunting challenge amid widespread labor shortages.

September 7, 2022
GovernmentBusinessTechnology

Samsung Warns Chip Industry Is Headed for Tough Close to 2022

South Korea’s Samsung Electronics Co. is warning that the semiconductor industry could be in for a rocky close to 2022.

September 7, 2022
GovernmentBusiness

Trade Gap in Goods, Services Narrows for a Fourth Month

The U.S. trade deficit shrank for a fourth straight month in July, reflecting a decline in the value of imports and a slight pickup in exports that are seen helping provide a lift to third-quarter economic growth.

September 7, 2022