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

5 Questions: Greg McQuagge, U.S. Xpress

Greg McQuagge, maintenance supervisor at for-hire carrier U.S. Xpress, shares some insight on what it takes to keep trucks on the road.

April 29, 2022
GovernmentBusiness

Employment Costs in US Increase by More Than Forecast

U.S. employment costs jumped by the most on record at the start of the year, heightening concerns about persistent inflation that set the stage for more forceful policy action by the Federal Reserve.

April 29, 2022
BusinessAutonomous

Musk鈥檚 Tesla Stock Sales Double to $8.5 Billion in Latest Tally

Elon Musk disclosed an additional $4.5 billion worth of Tesla Inc. stock sales in new regulatory filings April 29, bringing the total he鈥檚 disposed of in the wake of his deal to buy Twitter Inc. to more than $8.5 billion.

April 29, 2022
BusinessTechnologyFuel

Exxon Profits Surge

NEW YORK 鈥 Exxon Mobil reported $5.48 billion in net income during the first quarter as oil and gas prices rose steadily, more than doubling its profits compared with the same quarter last year.

April 29, 2022
GovernmentBusinessSafety

Truckers Respond to Plans for Apprenticeship Pilot Program

A newly released summary of public comments on the federal driver apprenticeship pilot program was mixed, with trucking trade groups generally supporting the program, while many small truckers and independent operators offered a variety of criticisms and suggestions.

April 29, 2022
BusinessTechnologyEquipment

Will the Diesel Engine Ever Be Perfected?

The California Air Resources Board has approved for 2027 what the Engine Manufacturers Association refers to as 鈥渟weeping new regulations affecting heavy-duty trucks sold in the state.鈥

April 29, 2022
BusinessTechnologyEquipmentSafety

Tire Choices Provide Pros, Cons for Fleet Maintenance Managers

In the current environment of high fuel prices and a technology shift looming over many companies regarding last-mile delivery, fleets are challenged to develop a strategy toward tire management. For some maintenance managers, the debate of new tires versus retreads offers various methods in battling some of those concerns.

April 29, 2022
BusinessEquipment

Send Out Your Maintenance Labor, or Keep It in the Fleet Shop?

With inflation pushing the cost of doing business higher and no end in sight, many fleet managers are taking pause when it comes to expenses 鈥 and highlighting the challenges of choosing between in-house maintenance and outsourcing.

April 29, 2022
BusinessEquipment

Winning the Hearts and Minds

When it comes to new ways of thinking, or a shift in mindset for a large group of consumers, the phrase 鈥渨inning the hearts and minds鈥 often comes up. This seems to be the case with the tire manufacturers I spoke with this year.

April 29, 2022
BusinessTechnology

Reefer Carriers Warm Up to Smart Trailer Tech for Cold Chain Logistics

Paying attention to the details in cold chain logistics can save customers and carriers cold hard cash 鈥 especially for those companies that are investing in the latest technological advancements.

April 29, 2022