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.

BusinessTechnologyFuel

Survey Cites Fleets’ Growing Acceptance of Alt Fuels, Sustainable Tech

LONG BEACH, Calif. — Overall use of clean fuels and advanced vehicle technologies is rapidly progressing, according to a recent survey of 250 public, private and municipal fleets. But industry experts added that many thorny issues remain.

May 10, 2022
GovernmentBusinessTechnologySafety

Legislators Optimistic About Ohio Bill to Provide Resources for CDL Training

Two Ohio legislators are optimistic their bill will pass in the General Assembly that would pay 50% of employer expenses to train truck drivers under a four-year tax credit capped at $25,000 per company.

May 10, 2022
GovernmentBusinessFuel

Gas Prices Hit Record With Driving Season Looming

Retail gasoline and diesel prices rallied to a record just ahead of the nation’s summer driving season, a challenge for President Joe Biden and the Federal Reserve as they face the fastest inflation in decades.

May 10, 2022
BusinessTechnologyFuelAutonomous

DTNA Unveils Production-Ready eCascadia at ACT Expo

LONG BEACH, Calif. — Freightliner Trucks, a division of Daimler Truck North America, has unveiled its production-ready eCascadia Class 8 electric truck, built on the best-selling heavy-duty truck platform in North America.

May 10, 2022
BusinessTechnologyFuel

How Anglo American Developed the World’s Biggest Hydrogen-Fueled Truck

Four years ago, Anglo American Plc couldn’t find any industry partners to support its idea of replacing open-pit mining’s monster diesel trucks with climate-friendly, green hydrogen-fueled vehicles.

May 10, 2022
BusinessTechnologyFuelLogisticsGlobal Freight

HMM to Continue Deploying More Ships as Port Congestion Persists

HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.

May 10, 2022
BusinessLogistics

XPO Reports Record $3.47 Billion in Revenue for Q1

XPO Logistics Inc. reported its highest revenue of any quarter in its history May 9 for the first quarter of 2022.

May 9, 2022
BusinessLogistics

Critical Talks to Begin for West Coast Port and Warehouse Workers

Labor Secretary Marty Walsh, seaport officials on the West Coast, International Longshore and Warehouse Union negotiators and leaders with the Pacific Maritime Association are talking optimistically that a long-term contract with workers can be negotiated this summer.

May 9, 2022
Business

Odyssey Realigns Business Structure With Four New Divisions

Odyssey Logistics & Technology Corp. realigned its business structure by creating four new operating divisions, the company announced May 4.

May 9, 2022
BusinessFuel

At More Than $4.30 a Gallon, Gasoline Nears Its March Record

Gasoline pump prices in the U.S. are rising to within a hair of an all-time record three weeks ahead of the peak driving season.

May 9, 2022

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics