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.

GovernmentBusinessTechnologyEquipment

Leaders of VTNA, Navistar Stake Out EV Turf

LONG BEACH, Calif. — The leaders of Volvo Trucks North America and Navistar expect broader competition when it comes to delivering electric trucks to customers, and even closer collaboration with more parties to ensure such trucks are ready to work, they said in separate interviews with Transport Topics.

May 18, 2022
BusinessSafetyLogistics

Industry Faces Obstacles in Bid to Mitigate Driver Shortage

SCOTTSDALE, Ariz. — Accelerated retirements, an aging workforce, a decadeslong declining birthrate and low unemployment rate continue to cause challenges for the trucking industry as it seeks to overcome the 80,000-plus driver shortage.

May 18, 2022
Business

Target Plummets Most Since 1987 as Inflation Saps Margins

Target Corp. plunged the most since 1987’s Black Monday crash after becoming the second big retailer in two days to trim its profit forecast.

May 18, 2022
GovernmentBusinessSafety

Three Guidebooks Being Developed to Help States Improve Truck Parking

The American Transportation Research Institute supports efforts to create three guidebooks to help states better manage and improve truck parking facilities.

May 18, 2022
BusinessTechnologyAutonomous

Hacker Finds Way to Unlock Tesla Models, Start Cars

Tesla Inc. customers might love the carmakers’ nifty keyless entry system, but one cybersecurity researcher has demonstrated how the same technology could allow thieves to drive off with certain models of the electric vehicles.

May 18, 2022
GovernmentBusinessSafetyFuel

Europe’s Push to Cut Russian Gas Faces Race Against Winter

While Europeans bask in the warmth of spring, governments are in a race against winter.

May 18, 2022
BusinessTechnologyFuel

UK Startup Wants to Build Batteries for Boats

U.K. battery company Britishvolt Ltd. received an investment from shipping firm Scorpio Group as it looks to develop technologies to help decarbonize the maritime sector.

May 18, 2022
GovernmentBusinessLogistics

Worker Shortages Snarl Shipping Even as Shanghai Lockdown Eases

China appears to be gradually easing its lockdown of Shanghai, but that won’t bring immediate relief to global supply chain congestion, according to a major shipping company.

May 18, 2022
GovernmentBusinessEquipmentSafety

Inspectors Begin Three-Day Roadcheck Enforcement Effort

A look at the first day of a three-day stepped-up law enforcement International Roadcheck inspection operation.

May 18, 2022
BusinessTechnologyEquipment

Daimler Truck Q1 Net Income Tumbles, Revenue Climbs

Daimler Truck reported net income tumbled 81% and revenue increased 17% in the first quarter as it faced persistent supply chain bottlenecks and passed along rising costs amid increased demand.

May 17, 2022

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