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.

BusinessTechnologyLogisticsAutonomous

Embark Partners With Alterra on Transfer Points

Autonomous truck software developer Embark Trucks Inc. announced a strategic partnership with Alterra Property Group, a real estate investment company focused on industrial outdoor storage properties, to identify and launch transfer-point sites across the Sunbelt.

February 28, 2022
BusinessLogisticsTop 50

GXO, Clipper Boards Agree to Terms on Acquisition

The GXO Logistics and Clipper Logistics boards of directors on Feb. 28 said they have agreed to terms on the contract logistics company’s previously announced potential acquisition of Clipper.

February 28, 2022
BusinessTechnologyEquipmentSafety

Blacklisted Chinese Chipmaker Seeks Vindication in US Trial

A Chinese chipmaker blacklisted by Washington as a technology thief more than three years ago is getting a chance to prove it was wrongly accused.

February 28, 2022
BusinessTechnologyEquipment

Toyota Idles All Japan Plants Due to Supplier System Outage

Toyota Motor Corp. will suspend output at all of its Japan factories on March 1 following disruptions to a supplier’s systems, marking another setback for the world’s top auto producer.

February 28, 2022
GovernmentBusinessTechnologySafetyFuel

BP Exits Stake in Russian Oil, Gas Company Rosneft

BP is exiting its share in Rosneft, a state-controlled Russian oil and gas company, in reaction to Russia’s invasion of Ukraine.

February 28, 2022
BusinessEquipmentLogistics

Georgia’s Port of Savannah Has Big Expansion Plans

Already the second-busiest port on the Atlantic coast, Georgia’s Port of Savannah has big expansion plans.

February 28, 2022
BusinessEquipment

Stoops Freightliner-Quality Trailer Expands in Michigan

Stoops Freightliner–Quality Trailer reached an agreement to acquire TNT Trailer Sales, a full-service semi-trailer dealership located in suburban Detroit.

February 25, 2022
BusinessTechnologyEquipment

Navistar, MAN Executives Switch Posts Under Traton

Göran Nyberg, executive member for sales and customer solutions at MAN Truck & Bus SE, will join Navistar as executive vice president of commercial operations March 1.

February 25, 2022
BusinessEquipment

Allstate Peterbilt Group Wins Dealer of the Year Recognition

Peterbilt Motors Co. awarded its dealer of the year recognition to Allstate Peterbilt Group on Feb. 8.

February 25, 2022
GovernmentBusinessSafety

ATA President Spear Gives Inside Look at Supreme Court Win

American Trucking Associations President Chris Spear in an exclusive interview for Transport Topics’ Newsmakers series shared behind-the scenes details on ATA’s decision to lead a challenge to the Biden administration’s proposed vaccine mandate for large companies.

February 25, 2022