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.

BusinessTop 100

KAG Logistics Closes Acquisition of American PetroLog

KAG Logistics has completed its acquisition of American PetroLog, the company announced June 16.

June 21, 2022
GovernmentBusinessEquipmentFuelPerspective

Perspective: Repeal FET to Boost Green Buying

A question to ask the decision-makers in Washington: If the goal is to get more cleaner, greener trucks on the road, why does the federal government keep the 12% federal excise tax on the sale of a new truck?

June 21, 2022
GovernmentBusinessFuel

Biden Says Decision on Gas Tax Holiday May Come This Week

REHOBOTH BEACH, Del. — President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon.

June 20, 2022
BusinessFuelAutonomous

Laid-Off Workers Claim Tesla Violated WARN Act in Suit

Tesla Inc. was sued by some former employees who claim the company’s decision to lay off about 10% of its workforce violated federal law by failing to provide the required advance notice for the job cuts.

June 20, 2022
GovernmentBusinessSafetyFor-Hire

How the Pandemic Accelerated Change for Motor Carriers

Few industries came under as much pressure and made as many adjustments during the COVID-19 pandemic as trucking. Industry executives see permanent changes resulting from how COVID altered the economy, consumer behavior and business interactions.

June 17, 2022
BusinessFor-Hire

2022 Top 100 For-Hire Carriers List Illustrates Growth of Large Fleets

Despite lingering supply chain disruptions and an extremely tight labor market, most of the largest for-hire motor carriers in North America achieved significant revenue gains and higher profits last year. That extraordinary business growth is clearly reflected on the 2022 edition of Transport Topics’ Top 100 For-Hire Carriers list.

June 17, 2022
BusinessTechnologyEquipmentFuel

VTNA Adds Its First EV Dealership in Tennessee

Volvo Trucks North America announced Nacarato Truck Centers, a third-generation family-run dealership group, completed the required training and facility updates to become its first certified electric vehicle dealership in Tennessee at its La Vergne location, servicing the greater Nashville market.

June 17, 2022
GovernmentBusiness

Fertilizer Stockpiles Swell, Easing Harvest Worries

The fertilizer shortage that threw the agricultural sector into disarray and pushed food costs higher globally may be fading.

June 17, 2022
BusinessTechnologyEquipment

Parts for Trucks Announces Expansion Strategies

Vipar Heavy Duty founding stockholder Parts for Trucks Inc. announced it partnered with private equity firm SeaFort Capital to accelerate growth strategies.

June 17, 2022
BusinessTechnologyFuel

Hyzon Acquires German Electric Truck and Body Company

Rochester, N.Y.-based Hyzon Motors announced the signing of a definitive agreement to acquire Orten Betriebs and subsidiaries, and Orten Electric Trucks, German manufacturers of innovative truck and trailer bodies for the beverage industry.

June 17, 2022