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.

BusinessEquipment

Deere Cuts 300 Jobs as Farm Equipment Sales Decline

Deere said it boosted its workforce when demand surged during the COVID-19 pandemic, which roiled supply chains, only for the farm economy to start slowing.

October 16, 2024
GovernmentBusinessTechnologyFuel

Supreme Court Greenlights EPA’s Power Plant Emission Rules

Opponents, including trade groups and companies in the power and mining industries, were seeking to halt the rules while a legal challenge goes forward at a federal appeals court.

October 16, 2024
BusinessEquipment

September Medium-Duty Truck Sales Fall 9.4% Year on Year

Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-year decrease.

October 16, 2024
GovernmentBusinessSafety

Federal Aid Tops $2B for Recovery From Helene, Milton

The federal government has been under intense pressure to show that it is getting help to areas devastated by the back-to-back hurricanes and warns that more money will be needed.

October 16, 2024
GovernmentBusinessSafetyLogistics

States Temporarily Lift Fuel Tax Rules for Hurricane Relief

The exemptions are designed to facilitate aid delivery to Southern states still recovering from hurricanes Milton and Helene.

October 16, 2024
BusinessLogisticsFor-Hire

J.B. Hunt Q3 Profit Beats Expectations, Boosts Share Price

Profit at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volume rose year over year.

October 16, 2024
BusinessTechnology

Toyota Joins With Boston Dynamics on AI-Powered Robots

Toyota Motor Corp.’s research unit and Hyundai Motor Co.’s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence.

October 16, 2024
BusinessTechnologyEquipmentSafetyAutonomous

Aurora: Autonomous Trucks Can Reduce Risk, Insurance Costs

NASHVILLE, Tenn. — Autonomous trucks could help ease liability risk and alleviate rising insurance costs in the trucking industry by proactively identifying hazards and avoiding crashes.

October 16, 2024
BusinessTechnologyLogisticsPrivateGlobal Freight

Amazon, Google Make Dueling Nuclear Investments

Amazon on Oct. 16 said it was investing in small nuclear reactors, coming just two days after a similar announcement by Google, as both tech giants seek new sources of carbon-free electricity.

October 16, 2024
BusinessTechnology

GM Invests $625 Million in Biggest US Lithium Project

GM will commit $625 million toward what’s likely to be one of the biggest U.S. lithium mines, reinforcing the automaker’s efforts to secure domestic supply of the battery metal critical for EVs.

October 16, 2024

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