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.

BusinessTechnologyFuel

Toyota Invests in EV Battery Production in US, Japan

TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.

August 31, 2022
BusinessTechnologyEquipment

EV Makers Lucid, Nikola Plan for Stock Sales

It was probably a case of now or never for the latest pair of electric vehicle makers to announce fundraising plans as they burn through cash.

August 30, 2022
BusinessTechnologyFuel

Nikola Announces Leadership Changes, Moves Ahead With Acquisition of Romeo Power

Nikola Corp. made announcements regarding leadership changes and its proceeding with acquiring an energy-storage technology company.

August 30, 2022
GovernmentBusinessTechnologySafety

Florida Launches Alert System for Work Zones, Lane Closures

Truckers and others driving through Florida have a new alert system for lane closures with real-time updates from work zones along interstates and state roads that’s being billed as the first of its kind in North America.

August 30, 2022
BusinessLogistics

Colonial Freight to Close after Nearly 80 Years

After running and owning a trucking company since 1943, the McBride family says it’s time to close the business.

August 30, 2022
BusinessTechnologyEquipment

Wabash Adds Two Large Dealers in East

Wabash announced it added two large dealers to its North American dealer network: Bergey’s Truck Centers and Allegiance Trucks.

August 30, 2022
GovernmentBusinessLogistics

Port of Port Arthur Plans for $20 Million Expansion in 2023-24

Port of Port Arthur, Texas, will receive $13.6 million in a federal USDOT grant that port officials say will significantly upgrade the East Texas facility during the next year.

August 30, 2022
GovernmentBusinessLogistics

Containership Backlog Outside L.A. Ports Is Almost Cleared

The number of containerships headed for the California ports of Los Angeles and Long Beach — a traffic jam that once symbolized American consumer vigor during the pandemic — declined to the lowest level since the bottleneck started to build two years ago.

August 30, 2022
GovernmentBusinessLogistics

Three of 12 Rail Unions Announce Tentative Deal

OMAHA, Neb. — Three of the 12 unions negotiating with the nation’s biggest freight railroads have reached a tentative deal that will deliver 24% pay raises, in line with what a special presidential panel of arbitrators recommended earlier this month to resolve the stalemate before a strike could happen.

August 30, 2022
BusinessTechnologyEquipmentFuel

West Michigan International Adds State's First Public Fast Charger

West Michigan International announced the grand opening of Michigan’s first public electric commercial vehicle charging station at its Kalamazoo location.

August 29, 2022