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.

GovernmentBusinessFuel

Gas Price Records Mount as Travel Nears Pre-COVID Norms

Gasoline prices in the U.S. have hit fresh peaks for the past 10 days, the longest run of consecutive records just as travel is expected to approach levels seen before the pandemic, according to auto club AAA.

May 19, 2022
GovernmentBusinessSafetyLogistics

House Panel Approves Water Bill

Legislation that would approve dozens of projects and studies under the purview of the Army Corps of Engineers was advanced by a committee in the U.S. House of Representatives on May 18.

May 19, 2022
BusinessFuel

Diesel’s Surge, Scarcity Creates Issues for Farmers

Farmers from Iowa to Ukraine are grappling with surging diesel prices and an unsteady supply, forcing them to spend unprecedented sums on fuel in a chaotic market and raising concerns about the autumn harvest.

May 19, 2022
BusinessTechnologyEquipmentPrivate

Daimler to Deploy 800 eCascadias to Sysco

Food service distributor Sysco Corp. and Daimler Truck North America jointly announced Sysco’s letter of intent to deploy 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.

May 19, 2022
BusinessTechnologySafetyAutonomous

Aurora, FedEx Expand Texas Autonomous Routes

Aurora Innovation Inc. and FedEx have expanded their autonomous trucking partnership to include freight hauling between terminals in Fort Worth and El Paso, Texas.

May 18, 2022
GovernmentBusinessFuel

California to Join $8 Billion Hydrogen Hub Race

California will seek some of the $8 billion President Joe Biden set aside for building hydrogen production hubs, joining a crowded race among states angling for the money.

May 18, 2022
GovernmentBusinessFuel

Supply Chain Woes Threaten Electric Grid

A vast swath of North America from the Great Lakes to the West Coast is at risk of blackouts this summer as heat, drought, shuttered power plants and supply chain woes strain the electric grid, according to a report.

May 18, 2022
BusinessEquipment

Medium-Duty Sales in April Present Mixed Picture

Classes 4-7 U.S. retail sales in April dropped 15.4% compared with a year earlier, Wards Intelligence reported.

May 18, 2022
GovernmentBusinessTechnologyEquipment

Leaders of VTNA, Navistar Stake Out EV Turf

LONG BEACH, Calif. — The leaders of Volvo Trucks North America and Navistar expect broader competition when it comes to delivering electric trucks to customers, and even closer collaboration with more parties to ensure such trucks are ready to work, they said in separate interviews with Transport Topics.

May 18, 2022
BusinessSafetyLogistics

Industry Faces Obstacles in Bid to Mitigate Driver Shortage

SCOTTSDALE, Ariz. — Accelerated retirements, an aging workforce, a decadeslong declining birthrate and low unemployment rate continue to cause challenges for the trucking industry as it seeks to overcome the 80,000-plus driver shortage.

May 18, 2022