Trucking Business News

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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.

GovernmentBusinessTechnologyFuel

Inflation Reduction Act Offers Incentives to Increase Electric Truck Adoptions

For those motor carriers seeking to begin or continue their fleet conversions to electric trucks, new federal legislation will offer significant financial assistance.

August 23, 2022
BusinessLogisticsBreaking News

July Truck Tonnage Posts 5.1% Annual Gain

Truck tonnage in July rose 5.1% year-over-year but slipped 1.1% when measured on a sequential monthly basis, according to American Trucking Associations.

August 23, 2022
GovernmentBusiness

Business Activity Contracts for Second Straight Month

U.S. business activity contracted for a second straight month in August, reflecting softer demand at both manufacturers and service providers and adding to concerns about the health of the overall economy.

August 23, 2022
BusinessTechnologyFuel

Polestar to Share Battery Tech With Boat Maker

Electric carmaker Polestar Automotive Holding has agreed to share battery technology with Candela Speed Boat AB, a startup trying to electrify leisure boats and water taxis.

August 23, 2022
GovernmentBusinessFuel

Gas Prices Fall for 70 Straight Days

Gasoline prices in the U.S. have fallen for 70 days straight, the longest down streak since January 2015.

August 23, 2022
GovernmentBusinessFuel

Regional Variance Produces Tiny Drop in Diesel’s National Average

The price of diesel may be showing signs of leveling off after falling again for the ninth consecutive week, but by just two-tenths of a cent, thanks to noticeable regional disparities.

August 22, 2022
GovernmentBusinessFuel

New York Turns to Ships to Head Off Gas Shortage

New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.

August 22, 2022
GovernmentBusinessFuel

VW, Mercedes Line Up Tariff-Friendly Battery Supplies in Deal With Canada

Volkswagen AG and Mercedes-Benz Group AG have sealed agreements with Canada to secure access to raw materials such as nickel, cobalt and lithium for battery production, according to people familiar with the accords.

August 22, 2022
BusinessFuel

Ford to Cut 3,000 Jobs to Fund Shift Toward EVs

Ford Motor Co. said it’s cutting 3,000 jobs this week in a move to boost profits as it seeks to fund the $50 billion it plans to spend on electric vehicles.

August 22, 2022
GovernmentBusinessTechnologySafetyAutonomous

House Transportation Leaders Eye FCC’s 5.9 GHz Spectrum

U.S. House Transportation leaders recently pressed the Federal Communications Commission to open access to a band of communications spectrum set aside for safety operations for transportation entities.

August 22, 2022