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.

GovernmentBusinessTechnologyFuel

Pelosi’s Taiwan Trip Spurs CATL to Pause EV Battery Plant Plans

A giant Chinese supplier of electric vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter.

August 2, 2022
BusinessEquipmentFor-HireTop 100

Daseke Reports Mixed Results in Second Quarter

Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.

August 2, 2022
GovernmentBusinessLogistics

Bureau of Prisons Expands CDL Training for Women

Efforts are underway in federal and state-level prison systems to help inmates train for and transition into careers in trucking upon their release, with the Federal Bureau of Prisons expanding its commercial driver license programs to focus on women.

August 2, 2022
BusinessTechnologyEquipmentFuel

Mack Trucks Introduces First EV Dealer for New York

Gabrielli Truck Sales has become Mack Trucks’ first certified electric vehicle dealer in New York, it was announced July 28.

August 2, 2022
BusinessTechnologyEquipment

Traton Group Reports Big Revenue Gains in First Half

Navistar parent company Traton Group in July reported strong operating results and revenue for the first half of 2022, despite what it called an extremely challenging market.

August 2, 2022
BusinessTechnologyEquipment

Western Star Launches 57X Class 8 Model

YPSILANTI, Mich. — Western Star is launching a new Class 8 over-the-road model that parent company Daimler Truck North America promises will deliver on the niche brand’s reputation for dependability and toughness, while adding advanced safety, driver comfort and fuel efficiency features.

August 2, 2022
BusinessTechnologyAutonomous

Uber Soars After Beating Estimates as Ridership Defies Inflation

Uber Technologies Inc. reported revenue that beat analysts’ estimates, boosted by resilient demand from customers who continued to hail rides and order takeout food despite rising inflation. Shares jumped about 14% in early trading.

August 2, 2022
BusinessLogistics

Driver Pay Raise Trend Catches Crosswinds

The trucking industry has rapidly increased driver pay in recent years, but with a softening freight environment that trend is spinning off in several directions.

August 2, 2022
GovernmentBusinessEquipmentSafety

Appeals Court Denies Review of HOS Shorthaul, Driver Break Requirements

A challenge to certain federal hours-of-service regulations filed by the Teamsters Union and three nonprofits will not be reviewed by a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit.

August 1, 2022
BusinessTechnology

How Business Leaders Can Speed Up IoT Deployments

Learn how these enterprises are turning to integrated IoT offerings from mobile network operators to create manageable, large-scale IoT deployments by packaging frequency band options (including 5G), account and contract streamlining, and a full slate of IoT lifecycle support services.

August 1, 2022

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