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

HDMA Names Collin Shaw President, COO

The Heavy Duty Manufacturers Association announced it named Collin Shaw president and chief operating officer, effective immediately.

March 21, 2022
BusinessFuel

Despite Strike, Chevron to Continue Operating California Refinery

Chevron Corp. plans to operate its California refinery 鈥渘ormally鈥 amid a worker strike that began just after midnight on March 21, potentially limiting the impact on gasoline prices in the state.

March 21, 2022
BusinessTechnologyLogistics

Repowr Closes $4.2 Million Seed Round

Repowr, a collaborative logistics marketplace and digital-leasing platform, announced it closed a $4.2 million seed round.

March 21, 2022
BusinessTechnology

Navistar Plans Platform Science Integration

Navistar is teaming with Platform Science to add telematics solutions to its trucks, the companies announced March 21.

March 21, 2022
BusinessTop 100

Stevens Transport Announces Its Largest Driver Pay Increase

Stevens Transport has implemented its largest driver pay increase in its 42-year history, the company announced March 18.

March 21, 2022
GovernmentBusinessSafety

SEC Plan Would Require Climate-Change Risk Disclosures

Companies will need to reveal detailed information about their greenhouse gas pollution under a proposed U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.

March 21, 2022
BusinessTechnologyEquipment

Traton Posts Strong Profit, Revenue Gains in Q4

Traton Group reported operating income and revenue rose sharply in 2021 compared with a year earlier, amid its strong truck and service businesses, and the integration of new U.S. subsidiary Navistar.

March 21, 2022
GovernmentBusiness

Canadian Pacific Work Stoppage Could Hit US Agriculture

DETROIT 鈥 Canadian Teamsters and CP Rail blamed each other for a work stoppage March 20 that brought trains to a halt across Canada and interrupted fertilizer and other shipments to and from the U.S.

March 21, 2022
BusinessEquipmentSafety

Tire Manufacturers Remain Cautious About Finding Supply Chain Solutions

Commercial tiremakers are feeling a different type of March Madness dealing with their supply chains.

March 21, 2022
BusinessTechnologyAutonomous

GM Buys SoftBank鈥檚 $2.1 Billion Stake in Cruise

General Motors Co. bought out the SoftBank Vision Fund 1鈥檚 stake in self-driving startup Cruise for $2.1 billion, ending the Japanese investment firm鈥檚 stake in the business and giving the Detroit automaker 80% ownership.

March 18, 2022