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.

GovernmentBusinessEquipmentFuel

N.J. Gasoline Tax to Drop 1 Cent on Better-Than-Forecast Demand

New Jersey is cutting an automotive fuel tax by 1 cent per gallon after consumer demand was higher than projected, state Treasurer Elizabeth Muoio announced.

August 29, 2022
GovernmentBusinessSafety

FMCSA Seeks Input on Request to Post Hair Drug Tests to Clearinghouse

The Federal Motor Carrier Safety Administration is seeking comment on a request by an alliance of large motor carriers for an exemption that would permit the carriers to report 鈥渁ctual knowledge鈥 of a truck driver鈥檚 positive hair drug test to the agency鈥檚 Drug and Alcohol Clearinghouse.

August 29, 2022
GovernmentBusinessEquipmentLogistics

Congestion Tolling Likely in New York City Business District

New York City officials are exploring congestion-based tolling scenarios to fund mass transit that could see commercial trucks charged $82 for a one-way drive through the business district.

August 29, 2022
BusinessLogistics

White Glove Delivery Allows Trucking Companies to Increase Services

The COVID-19 pandemic and its lingering effects have forced some innovations in the industry, including in the last-mile delivery segment. In that segment, the service of 鈥渨hite glove鈥 delivery has become a viable growth center for trucking companies.

August 29, 2022
GovernmentBusinessFuel

Diesel Supply Below Average in Northeast

PORTLAND, Maine 鈥 Diesel and heating oil supplies in the Northeast are more than 50% below the recent average, raising concerns that an extreme weather event could cause supply disruptions, federal officials said.

August 29, 2022
BusinessTechnologyFuel

LG-Honda Joint Venture to Make EV Batteries

TOKYO 鈥 Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.

August 29, 2022
GovernmentBusinessLogistics

Shipping Giant CMA CGM Sees Softening of Global Freight Rates

French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a loosening of logistics bottlenecks in some regions as demand softens.

August 26, 2022
BusinessFor-Hire

ATA Group Advances Trucking Diversity Initiative

A working group formed by American Trucking Associations to advance diversity in the industry has drafted guidelines to help fleets of all sizes foster greater inclusiveness in their ranks, and has now created an award to recognize industry diversity efforts.

August 26, 2022
BusinessTop 100

Interactive Map: Where the 2022 Top 100 Private Carriers Are in North America

Mouse over our interactive map to find out where the 2022 Top 100 Private Carriers are located by region in North America.

August 26, 2022
BusinessPrivate

Top 100 Private Carriers Expand Fleets Despite Challenges

Even under the uncertain business environment of the past year, a majority of the companies that appear on Transport Topics鈥 2022 Top 100 Private Carriers list were able to expand their fleet operations.

August 26, 2022