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.

GovernmentBusinessTechnologyFuelTCA

Panasonic Plans Major EV Battery Plant in Kansas

Panasonic has announced plans for a massive electric vehicle battery manufacturing facility in De Soto, Kan.

July 15, 2022
GovernmentBusiness

Factory Output Declines for a Second Month on Consumer Goods

Production at U.S. factories declined in June for a second month, restrained by higher inventories and a softer economic outlook.

July 15, 2022
BusinessTechnologyEquipment

Toyota’s Crown Car to Debut in US

TOKYO — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.

July 15, 2022
GovernmentBusinessFuelTCA

Georgia, JLL Partner on EV Charging Infrastructure Bid

The Georgia Department of Transportation will partner with real estate giant JLL on a plan to expand electric vehicle charging stations across the state and obtain federal funding to help do it.

July 14, 2022
BusinessEquipment

Jennifer Rumsey to Succeed Tom Linebarger as Cummins CEO

Cummins Inc. announced Jennifer Rumsey will become CEO and president effective Aug. 1. Rumsey will become the first woman to hold the post at the world’s largest independent engine maker and only the seventh CEO in the company’s 103-year history.

July 14, 2022
GovernmentBusiness

Freight Transportation Stakeholders Raise Inflation Concerns

Citing inflation and supply chain bottlenecks, transportation stakeholders called on congressional policymakers to help remedy current economic conditions.

July 14, 2022
GovernmentBusinessLogistics

FourKites Reports Chinese Ports Recovery, but Elevated US Transit Times

While Chinese ports are close to recovering, transit times to the United States have remained elevated, according to supply chain visibility company FourKites.

July 14, 2022
BusinessLogisticsTCA

Railroad Workers Being ‘Ground to Dust,’ AFL-CIO Head Says

Efforts by national freight rail carriers to increase efficiency are having the opposite effect, a union official said July 12. Demoralized workers are leaving the industry, causing delays and damage to the national supply chain, said Greg Regan, president of the Transportation Trades Department of the AFL-CIO.

July 14, 2022
GovernmentBusinessTechnologyFuel

States Prepare EV Charging Plans Ahead of Aug. 1 Deadline

With an Aug. 1 deadline looming, states are finalizing their electric vehicle infrastructure deployment plans.

July 14, 2022
BusinessTechnologyAutonomous

Alphabet’s Wing Develops Fleet of New Drone Prototypes

Alphabet Inc.’s Wing subsidiary has developed a fleet of new drone prototypes designed to more efficiently deliver packages ranging from small pill bottles to items weighing as much as 7 pounds.

July 14, 2022