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.

BusinessEquipmentFuel

Lordstown Motors Again Postpones Deadline for Foxconn Plant Deal

Electric truck startup Lordstown Motors Corp.’s shares sank as much as 19% after it pushed back a deadline to complete the sale of its Ohio assembly plant to Foxconn.

May 9, 2022
BusinessTechnologyLogisticsAutonomous

Volvo Autonomous Solutions, DHL to Partner on Hub-to-Hub Transport

Volvo Autonomous Solutions announced it will offer a new hub-to-hub autonomous transport solution in North America, designed to serve shippers, carriers, logistics service providers and freight brokers.

May 9, 2022
GovernmentBusinessTechnologyEquipmentFuel

Industry Leaders Raise Concern About Proposed EPA NOx Rule

The Environmental Protection Agency is proposing its first new rules governing heavy-truck nitrogen oxide emissions in two decades, but engine manufacturers say the proposals would be difficult to meet and counterproductive because they could slow the move to cleaner technology.

May 9, 2022
BusinessTechnologyFuel

Rivian Tumbles After Report of Ford Share Sale at a Discount

Rivian Automotive Inc. sank 21% after a media report that Ford Motor Co. is selling 8 million of its shares in the electric-pickup maker at a discount.

May 9, 2022
BusinessLogistics

Universal Reports Higher Results in Historic Q1 for Company

Universal Logistics Holdings experienced higher earnings and revenue during a historic first quarter, the company reported May 5.

May 6, 2022
GovernmentBusinessTechnologySafety

FHWA to Extend Inspection Requirements for Bridges

The Federal Highway Administration has issued a final rule that will extend inspection requirements for some of the nation’s bridges from 24 months to 48 months, and in some cases, 72 months.

May 6, 2022
BusinessTCA

FedEx Driver Helped Tariq Woolen Reach His NFL Dreams

FedEx driver Thailand Pierce gets some of the credit for getting Texas-San Antonio cornerback Tariq Woolen to the NFL as the Seattle Seahawks' fifth-round draft pick.

May 6, 2022
BusinessTechnologyEquipment

Torc Names Penske for Maintenance on Autonomous Test Fleet

Self-driving-vehicle technology developer °®¶¹´«Ã½ announced Penske Truck Leasing will serve as the truck maintenance service provider for Torc’s autonomous test fleet.

May 6, 2022
GovernmentBusinessFuel

Shell Will Sell Russia Fuel Stations as Part of Exit Plan

Shell Plc is in talks to sell its fuel stations in Russia as it withdraws from the country in response to the invasion of Ukraine.

May 6, 2022
BusinessTechnologyEquipmentFuel

VTNA Adds First EV-Certified Dealer in Pennsylvania

Volvo Trucks North America announced TransEdge Truck Centers recently became the truck maker’s first certified electric vehicle dealer in Pennsylvania.

May 6, 2022