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.

BusinessEquipment

For Paccar, Booming Parts Business Is Sign of the Times

Truck maker Paccar Inc.’s parts business is booming as higher average fleet age and truck utilization rates are prompting rising parts sales industrywide.

June 7, 2022
Business

Xos Adds New Classes 6-8 BEVs, Software

Xos Inc. announced two new commercial medium- and heavy-duty electric vehicles as well as its connected vehicle ecosystem.

June 7, 2022
BusinessEquipment

FinditParts Raises $30 Million to Expand Digital Content

FinditParts has raised a $30 million minority equity investment from Crestline Investors Inc., the e-commerce marketplace announced.

June 7, 2022
GovernmentBusinessTechnologyFuelLogistics

New York Seeks Input on EV Charging Stations

Fleet operators and others in New York are being surveyed in a new website launched by Gov. Kathy Hochul to help the state submit a plan by Aug. 1 to gain federal electric vehicle infrastructure funds.

June 7, 2022
GovernmentBusinessSafety

Goodyear to Recall RV Tires 19 Years After Last One Was Made

DETROIT — Nineteen years after the last one was made, Goodyear has agreed to recall more than 173,000 recreational vehicle tires that the government says can fail and have killed or injured 95 people since 1998.

June 7, 2022
BusinessTechnologyEquipmentAutonomous

Driverless Trucks to Deliver Household Goods to Dallas Sam’s Clubs

Self-driving trucks soon will make deliveries to Walmart Inc.’s Sam’s Club stores in the Dallas-Fort Worth area, marking a significant expansion of autonomous vehicles operating in live traffic.

June 7, 2022
BusinessTechnologyLogisticsFor-Hire

XPO, Google Cloud Collaborate to Improve Supply Chains

XPO Logistics Inc. and Google Cloud joined forces on a multiyear collaboration to improve supply chains, the companies announced June 6.

June 7, 2022
GovernmentBusinessLogistics

Trade Deficit Narrows Most on Record on Muted China Imports

The U.S. trade deficit shrunk in April by the most on record in dollar terms, reflecting a drop in the value of imports amid COVID lockdowns in China while exports climbed.

June 7, 2022
GovernmentBusinessLogistics

Supply Snarls in US Are Easing

The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 reached in March.

June 7, 2022
GovernmentBusinessTechnologyAutonomous

FMCSA Technology Chief Says Automated Truck Proposal Targeted for Late 2022

A top Federal Motor Carrier Safety Administration official told safety executives attending a commercial vehicle safety conference that a proposed rulemaking for fully automated heavy trucks is targeted for later this year.

June 6, 2022