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.

BusinessLogisticsGlobal Freight

Multiple Factors Turn California Ports Into ‘Dormant Volcano’

A year ago in early January, a record 109 containerships carrying U.S. imports surrounded the twin ports of Los Angeles and Long Beach, Calif. — as of today, the queue is gone.

January 11, 2023
BusinessTechnologyLogistics

Nova Subsidiary Harbor Logistics Acquires ATS Logistics

Middle-market infrastructure investment firm Nova Infrastructure announced that Harbor Logistics, one of Nova’s existing portfolio companies, acquired ATS Logistics Inc., a provider of transportation and warehousing services in Charleston, S.C.

January 11, 2023
BusinessTechnologyEquipment

ConMet Digital Partners With Stephens Pneumatics

ConMet Digital announced a partnership with Stephens Pneumatics, a manufacturer of highly customized tank trailers, transporters and vehicle beds, to supply telematics systems for new tank trailer builds.

January 11, 2023
BusinessTechnologyEquipmentSafetyAutonomous

Truck-Lite Promotes Jon Stineman to President of US Operations

Truck-Lite, a manufacturer of LED lighting systems for commercial trucks, buses and commercial trailers, announced it named company veteran Jon Stineman president of its U.S. operations.

January 11, 2023
BusinessTechnologyEquipmentFuel

Voltera Partners With Amerit on EV Fleet Maintenance

Voltera, a company that develops and operates electric vehicle charging facilities as a full-service turnkey solution for clients, announced a strategic partnership with EV fleet maintenance company Amerit Fleet Solutions.

January 11, 2023
Business

REPLAY: Economic Outlook for 2023 with Bob Costello

Many of the country’s leading economists say the U.S. and the global economy faces a possibility of a recession in 2023, with rising interest rates and the war in Ukraine slowing economic growth. Whether the U.S. can avoid a recession or not, what impact will this have on both trucking and the global freight? 

January 10, 2023
BusinessTechnologyEquipment

Power Trucks USA Upgrades With AutoLeap Shop Software

Power Trucks USA, an automotive accessory shop and service center, announced a collaboration with AutoLeap, which provides auto repair shop software, to upgrade current software and streamline operations.

January 10, 2023
BusinessEquipmentLogistics

FedEx to Shrink Sunday Delivery Service to 50% of US

FedEx Corp. plans to scale back even more on Sunday package deliveries as the courier grapples with faltering e-commerce demand.

January 10, 2023
GovernmentBusinessTechnologyEquipmentSafety

Truckers Need Better Visibility Into Open Parking Spaces, Study Finds

WASHINGTON — Research conducted at an interstate rest stop along a busy East Coast freight corridor found that truckers are missing out on open parking spaces due to a lack of visibility into what’s available, and drivers’ perception based on trucks already parked along the side of the highway that all spots are taken.

January 10, 2023
BusinessLogisticsGlobal Freight

Labor Disruptions at Ports Quadrupled Globally in 2022

Labor unrest took an unusually heavy toll on ports around the world in 2022, and the outlook for continued economic instability could bring even more upheaval to global supply chains in 2023.

January 10, 2023