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.

GovernmentBusiness

Factory Output Surprises With First Decline in Four Months

U.S. factory production unexpectedly declined in May for the first time in four months, restrained by supply challenges and hints of cooler demand for some big-ticket consumer goods.

June 17, 2022
BusinessEquipmentLogisticsFor-Hire

Ryder Expands Freight Brokerage Business

Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.

June 17, 2022
BusinessTechnologyEquipmentFuel

Cummins Leadership: Hydrogen Has Important Future Role in Trucking

A top executive at engine manufacturer Cummins Inc. believes current high fuel prices could compel fleets to take a longer term look at hydrogen and electric-powered vehicles, and sees opportunity for each one in commercial transportation.

June 16, 2022
Business

Record °®¶¹´«Ã½s Under Construction Raise Hope of Inventory Boost

U.S. housing starts may have fallen to more than a one-year low in May, but a historic pipeline of homes under construction is seen easing an inventory crunch as those projects come to fruition.

June 16, 2022
BusinessFuel

No Diesel Shortages at TA, CEO Jonathan Pertchik Says

TravelCenters of America CEO Jonathan Pertchik said the company has not experienced a shortage of diesel of late amid tight supplies.

June 16, 2022
GovernmentBusiness

House Leaders Schedule Hearings for Fiscal 2023 Transportation Funding Bill

Legislation that would fund the U.S. Department of Transportation’s operations through fiscal 2023 will be considered in committee this month in the U.S. House of Representatives.

June 16, 2022
GovernmentBusinessTechnologyEquipmentSafety

Ontario Faces Challenges Enforcing Speed Limiter Law

Challenges in Ontario, Canada, to enforce a truck speed limiter law could portend those that U.S. trucking regulators may face if they implement a speed limiter supplemental proposed rule next year.

June 16, 2022
GovernmentBusinessTechnologyEquipment

Mitch Landrieu Defends Repair Over Building New Roads

President Joe Biden’s point man carrying out the roughly $1 trillion infrastructure law defended the administration’s emphasis on fixing before taking on new expansion as congressional Republicans criticized the policy.

June 16, 2022
GovernmentBusinessTechnologyEquipmentSafetyAutonomous

Tesla Increases Prices Up to $6,000 Across Lineup

Tesla Inc. has increased prices across its lineup by as much as $6,000, Electrek reported, as global automakers grapple with surging costs for raw materials, particularly battery components.

June 16, 2022
BusinessTechnologyEquipmentSafety

Samsara Expands Connected Fleet Technology to Improve Driver Productivity, Boost Safety

SAN FRANCISCO — Fleet technology supplier Samsara is rolling out product updates designed to streamline drivers’ daily routines, mitigate unsafe driving and improve fleet management, marking the latest steps in the company’s mission to make transportation operations more connected.

June 16, 2022