Trucking Business News

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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

Ford to Invest $700 Million in Kentucky Plant to Build Big Pickups

Ford Motor Co. is investing $700 million at its sprawling truck factory in Louisville, Ky., and adding 500 workers to help build a redesigned version of its largest F-Series pickups.

September 27, 2022
BusinessLogistics

GXO, Bayer Grow Partnership With Nebraska Warehouse

GXO Logistics Inc. celebrated the opening of a new warehouse with Bayer in Kearney, Neb., the companies announced Sept. 27.

September 27, 2022
Business

Goodyear Plans $125 Million Expansion of Kansas Plant

The Goodyear Tire and Rubber Co. will invest $125 million and hire 40 new employees at its Topeka, Kan., plant as part of a modernization of the facility, which has been in operation since 1945, Kansas Gov. Laura Kelly announced.

September 27, 2022
GovernmentBusinessTechnologyFuelAutonomous

States Get Final OK to Build Highway EV Charging Network

WASHINGTON — All 50 states received final approval Sept. 27 to begin construction on a first nationwide network of electric vehicle charging stations that places one roughly every 50 miles along interstate highways, part of the Biden administration’s plan to spur widespread adoption of zero-emission cars.

September 27, 2022
GovernmentBusinessTechnologyFuel

Hydrogen Startup Cemvita Sees Boost From New Tax Credits

Cemvita Factory Inc., a Houston-based biotech company backed by Occidental Petroleum Corp., says tax credits passed by Congress last month will allow it scale up plans to produce hydrogen using oil-eating microbes.

September 27, 2022
BusinessTechnologyEquipmentFuel

Daimler Eyes Future Collaborations on Diesel Engines

HANOVER, Germany — Industry partnerships for production of diesel engines are a potential next step for manufacturers spreading resources across rapidly evolving alternative power sources, and an announcement on such an initiative could arrive sooner rather than later, Daimler Truck executives said during the IAA Transportation 2022 conference.

September 27, 2022
BusinessLogisticsGlobal Freight

MSC Launches Air Cargo Business

Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.

September 27, 2022
GovernmentBusinessTechnologyEquipmentFuel

Multiple Efforts Underway to Mainstream Hydrogen Fuel

The U.S. Department of Energy, the private sector and a new national nonprofit have stepped up their respective efforts recently to bring hydrogen forward as a mainstream fuel for trucking, among other industrial uses.

September 26, 2022
GovernmentBusinessEquipmentSafety

FMCSA Seeks Input on CDL Third-Party Training, Testing Programs

Expressing concern over commercial driver license issuance delays and possible fraud, regulators are seeking comment on the effectiveness of third-party training and testing programs.

September 26, 2022
GovernmentBusinessTechnologyFuel

Seven States Form Midwest Hydrogen Coalition

To better position the use of advanced energy in the nation’s heartland, governors of seven states have formed the Midwest Hydrogen Coalition to spur creation of a robust hydrogen market, supply chain and workforce.

September 26, 2022

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