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.

BusinessFuel

Deal for $5.5B Hyundai EV Plant in Georgia Nears Final Approval

SAVANNAH, Ga. 鈥 The local economic development agency that worked with Georgia officials in recruiting Hyundai Motor Group to build a $5.5 billion electric car plant near Savannah approved its portions of the deal July 19, though details of tax breaks and other incentives have yet to be disclosed.

July 19, 2022
GovernmentBusinessSafety

New York鈥檚 Infrastructure Earns 'C' Grade on ASCE Report Card

New York received an overall 鈥淐鈥 grade for the condition of its infrastructure in the latest report card from the American Society of Civil Engineers.

July 19, 2022
GovernmentBusiness

Most Cities Prioritizing Roads, Bridges With Infrastructure Aid

Most U.S. cities will pour their share of the federal infrastructure spending package into fixing crumbling roads and bridges, prioritizing motor vehicle infrastructure over other projects like public transit, airports and railways.

July 19, 2022
GovernmentBusinessTCA

Truckers Decry AB 5 Labor Law at Oakland Port

Over 100 truck drivers showed up at the Port of Oakland in California on July 18, not to move cargo but to protest a state labor law they say could end their independence 鈥 and their livelihood.

July 19, 2022
GovernmentBusinessTechnologyEquipmentFuel

Hawaii Boosts Hydrogen Fueling Stations, Enacts Other Clean Energy Laws

Providing incentives for trucks to use hydrogen is one of four new laws that took effect in July to counter climate change and boost clean energy in Hawaii.

July 19, 2022
GovernmentBusinessTechnologyEquipmentFuel

DOE Eyes Mines as Future Clean Energy Sites

Current or abandoned mines are being considered by the U.S. Department of Energy for experimental clean energy sites below the earth鈥檚 surface in a new $500 million grant program.

July 19, 2022
BusinessTechnologyFuelAutonomous

Twitter-Musk Takeover Dispute Heading for an October Trial

Tesla CEO Elon Musk lost his fight to delay Twitter鈥檚 lawsuit against him as a Delaware judge on July 19 set an October trial, citing the 鈥渃loud of uncertainty鈥 over the social media company after the billionaire backed out of a deal to buy it.

July 19, 2022
BusinessFuel

With Blazer EV, GM Now Has a Rival to Tesla鈥檚 Model Y

General Motors Co. will start selling a battery-powered Chevrolet Blazer next year, giving it a direct competitor to Tesla Inc.鈥檚 Model Y, the nation鈥檚 best-selling electric SUV.

July 19, 2022
BusinessLogisticsFor-HireTop 100

Marten Reports Record-Breaking Results for Q2

Marten Transport on July 18 reported the highest operating revenue and operating income in its history for the second quarter.

July 19, 2022
BusinessLogisticsBreaking News

Truck Tonnage in June Soars 7.9% Year-Over-Year

Truck tonnage in June soared 7.9% above the same month last year, American Trucking Associations' For-Hire-Truck Tonnage Index released July 19 showed.

July 19, 2022