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.

GovernmentBusinessLogistics

Amazon Agrees to EU Antitrust Truce in Marketplace Data Probe

Amazon settled European Union antitrust investigations over how the U.S. ecommerce giant allegedly abused rivals’ sales data to unfairly favor its own products and squeeze out other traders on its platform.

December 20, 2022
BusinessTechnologyEquipmentAutonomous

Magna to Buy Veoneer Driver-Assistance Unit for $1.5 Billion

Magna International Inc. has agreed to buy a driver-assistance unit from SSW Partners for about $1.5 billion following a drawn-out battle to control previous parent Veoneer Inc.

December 20, 2022
GovernmentBusinessSafety

Experts Share Guidance for Transitioning Veterans Into Trucking

WASHINGTON — Military and trucking industry experts said traits including a willingness to help others and interest in serving a greater good are hallmarks of why truck driving jobs are an excellent option for service members looking to transition to civilian life.

December 20, 2022
BusinessTechnologyFuel

Clean Energy, Amazon Expand RNG Fueling Locations

Clean Energy Fuels Corp. announced the opening of a renewable natural gas fueling station that will provide an anticipated 1.4 million gallons of the clean fuel annually for Amazon .com Inc. and other truck fleets in the greater Chicago area.

December 20, 2022
BusinessEquipment

Great Dane Announces Top Executive Succession

Longtime Great Dane CEO Bill Crown announced he will step down effective Jan. 1. Dean Engelage, Great Dane’s president, will succeed Crown. 

December 19, 2022
BusinessEquipment

Ashley Leiva, Mother and Combat Veteran, Wins Award for New Truck Drivers

WASHINGTON — A young mother from Texas who is a 15-year combat veteran won the keys to a T680 Next Generation Kenworth truck Dec. 16 after capturing the 2022 Transition Trucking: Driving for Excellence Award at the U.S. Chamber of Commerce.

December 19, 2022
BusinessTechnologySafety

Werner Enterprises Selects Samsara for Cloud-Based Operations

Werner Enterprises has selected a cloud-based fleet management platform from Samsara Inc. to help manage its operations, the companies announced Dec. 15.

December 19, 2022
BusinessEquipmentSafety

Yokohama Recalls Limited Run of Two Sizes of Commercial Tires

Yokohama Tire Corp. announced a voluntary recall of two commercial tires.

December 19, 2022
GovernmentBusinessEquipment

°®¶¹´«Ã½builder Sentiment Extends Record Decline to 12 Months

U.S. homebuilder sentiment fell every month in 2022, sinking in December to a level not seen in more than a decade outside of the pandemic amid elevated mortgage rates and high construction costs.

December 19, 2022
BusinessLogisticsGlobal Freight

Union Pacific Puts Shipping Limits on Hold

Union Pacific says it will stop imposing temporary limits on certain businesses’ shipments while it reviews the policy that federal regulators and shippers criticized at a hearing in mid-December.

December 19, 2022