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.

GovernmentBusinessTechnologyAutonomous

TuSimple Agrees to US Oversight, Concluding Probe

Trucking startup TuSimple Holdings Inc. reached an agreement with U.S. authorities to resolve security concerns around its self-driving truck operations and the company’s ties with China.

February 23, 2022
GovernmentBusinessSafety

Iowa Truckers Pursue Lawsuit Abuse Legislation

Iowa's governor and a trucker turned state senator are waging a two-pronged legislative offensive targeting lawsuit abuse in traffic accidents with motor carriers.

February 23, 2022
GovernmentBusinessTechnologyEquipmentSafetyPerspective

Perspective: Rethinking the Pitch for Truck Parking

Truck parking is a major pain point for the industry, and needs more investment from the government. It’s time to get creative about urging that investment, and potentially look to an unconventional source to find it: states’ climate budgets.

February 22, 2022
GovernmentBusiness

Minnesota Trucking Leaders Set Effort for Lawmakers to Meet With Local Fleets

With state fleet leaders’ annual trip to the U.S. Capitol disrupted due to COVID-related visitation limits, the Minnesota Trucking Association is instead inviting federal leaders to meet trucking executives on their home turf.

February 22, 2022
GovernmentBusiness

Consumer Confidence Drops to Five-Month Low in February

U.S. consumer confidence fell in February to the lowest since September as expectations for growth and financial prospects softened amid decades-high inflation.

February 22, 2022
GovernmentBusinessTechnologyEquipment

US House, Senate Negotiate Semiconductor Production Bill

Legislation that would dedicate $52 billion to boost the country’s role as a semiconductor manufacturer amid a supply chain crisis is expected to be a main item on Congress’ agenda over the coming weeks.

February 22, 2022
BusinessSafetyFuelLogistics

Fire Subsides on Cargo Ship Carrying Volkswagen EVs

LISBON, Portugal — A fire aboard a ship carrying cars in the Mid-Atlantic is dying out, a Portuguese navy officer said Feb. 22, and the huge vessel is expected to be towed to the Bahamas.

February 22, 2022
BusinessTechnologyEquipment

Eaton’s Vehicle Group Forms ePowertrain Business Unit

Power management company Eaton announced its Vehicle Group formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle transmission, reduction gearing and differential portfolios.

February 22, 2022
BusinessTechnologyFuelAutonomous

Michael Lohscheller Named President at Nikola Motor

Nikola Corp. named Michael Lohscheller president of Nikola Motor with the aim of scaling its global heavy-duty truck business.

February 22, 2022
BusinessLogisticsBreaking News

Truck Tonnage Extends Streak of Gains in January

Truck tonnage in January rose 1.2% when measured against year-ago levels, marking the fifth consecutive month for a year-over-year increase, American Trucking Associations said.

February 22, 2022

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