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.

BusinessFuelLogistics

Instacart Adds Fuel Surcharge to Offset High Gas Prices

Instacart Inc. is adding a fuel surcharge on grocery delivery orders, becoming the latest gig economy company to impose new fees on customers to ease drivers’ gas bills amid record-high prices.

March 18, 2022
BusinessTechnologyEquipment

Morgan Unveils Electrified Refrigerated Concept Truck Body

Morgan Truck Body announced a new electrified refrigerated concept truck body.

March 18, 2022
GovernmentBusinessFuel

US Unveils Battery Strategy in West Virginia to Ease Coal Loss

Energy Secretary Jennifer Granholm and Sen. Joe Manchin on March 18 announced a program to develop lithium batteries in the U.S. as part of a broader strategy to help Appalachia amid a transition from coal.

March 18, 2022
GovernmentBusinessTechnology

Calstart Taps David Chow for New C-Level Post

Calstart announced it appointed David Chow chief operating officer and vice president, a new position within the nonprofit focused on the adoption of clean vehicles.

March 18, 2022
GovernmentBusinessFuel

Energy Agency: 10 Steps to Save 2.7 Million Barrels of Oil a Day

BERLIN — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine.

March 18, 2022
BusinessEquipment

Bosch Suspends Russia Business; Truck Parts May Have Been Misused

Robert Bosch GmbH is curtailing its operations in Russia amid signs that its parts may have been used for ā€œnon-civilianā€ purposes in violation of its policies, the company said.

March 18, 2022
BusinessTechnologyEquipmentAutonomous

Embark Posts Wider Loss, Advances Tech Development

Autonomous truck developer Embark Technology Inc. issued its first annual and quarterly financial report as a public company, detailing steep losses but significant technology gains and key business partnerships.

March 18, 2022
GovernmentBusinessLogisticsTCA

Port of Mobile Reports Volume Boom in February

The Port of Mobile saw double-digit jumps in container traffic in February, the Alabama Port Authority has reported.

March 18, 2022
GovernmentBusinessTechnologyFuelAutonomous

Stellantis, LG Energy Pick Ontario for Battery Plant

Stellantis NV and LG Energy Solution will build their new battery plant in Ontario, according to a person familiar with the matter, with an official announcement likely March 23.

March 18, 2022
BusinessLogisticsTop 100

FedEx Reports Record Q3 Revenue on Holiday Surge

Fueled by a strong holiday shopping season by both its business and consumer customers, FedEx Corp. reported higher fiscal third-quarter earnings.

March 18, 2022