CHARLOTTE, N.C. 鈥 With the average cost of used Class 8 trucks soaring in March to more than $101,000, trucking officials attending fleet management company Corcentric鈥檚 annual conference say they fear some in the industry may be priced out of the market.
April 28, 2022Trucking 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.
Three More Sentenced for Roles in Staged Crashes
Three New Orleans women who faced up to five years in prison have been sentenced for their roles in staging accidents with heavy-duty vehicles and ordered to pay more than $5 million in restitution to motor carrier victims of the crashes.
April 27, 2022FMCSA Issues 鈥楴otice of Intent鈥 to Require Speed Limiters on Heavy Trucks
The Federal Motor Carrier Safety Administration on April 27 issued a notice of intent to move forward with a rulemaking to require the use of speed limiters for commercial motor vehicles.
April 27, 2022Ford Eyes EV Market Leadership With Launch of F-150 Lightning
Ford Motor Co. is officially planting its flag with the launch of an all-electric version of America鈥檚 best-selling pickup truck, aiming to overtake Tesla Inc. and lead the electric vehicle market.
April 27, 2022Strong Trailer Demand Grows Wabash Q1 Profits
Wabash reported higher profits and sales during the first quarter as motor carriers and shippers rushed to purchase trailers to meet strong freight demand.
April 27, 2022STB Searches for Answers About Freight Rail Delays
The U.S. Surface Transportation Board began two days of emergency public hearings April 26 to try to find ways to loosen the still-jammed supply chain.
April 27, 2022Dems Consider Legislative Moves to Cut Gas Prices
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer met on April 27 to discuss possible legislation to reduce gas prices, according to a Democratic aide.
April 27, 2022Old Dominion Freight Line Reports Record Revenue for Q1
Old Dominion Freight Line鈥檚 revenue reached a record during the first quarter, the company announced April 27.
April 27, 2022The Big EV Charging Mystery: How Long Does It Take?
How long does it take to 鈥渇ill up鈥 an electric car? Well, that depends on the car 鈥 and the charger 鈥 and how many other cars are plugged into the charger 鈥 and how full the battery is to begin with 鈥 and, oh yeah, the weather matters, too.
April 27, 2022P&O Restarts Truck Ferries on Crucial Dover-Calais Route
P&O Ferries Ltd. resumed freight-only services on the critical English Channel crossing between Dover and Calais after a six-week hiatus as it tries to move on from outrage caused by the abrupt firing of nearly 800 staff.
April 27, 2022Trending
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