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.

GovernmentBusinessTechnology

EV Chipmaker Wolfspeed Wins $1.5 Billion Financing

Wolfspeed, a manufacturer of chips used primarily in EVs, is in line to win $750 million in U.S. government grants as well as $750 million in financing led by Apollo Global Management.

October 15, 2024
GovernmentBusinessTechnologyEquipment

BMW CEO: EU Combustion Engine Ban Is 鈥楴o Longer Realistic鈥

Europe鈥檚 plan to effectively ban the sale of combustion engine cars from 2035 will lead to a 鈥渕assive shrinking鈥 of its automotive industry, according to BMW AG CEO Oliver Zipse.

October 15, 2024
BusinessLogisticsPrivate

Walgreens to Close 1,200 US Stores

Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turn around a struggling U.S. business that contributed to a $3 billion quarterly loss.

October 15, 2024
Business

Def Leppard Rocks Out at Daimler Truck Event

NASHVILLE, Tenn. 鈥 British rockers Def Leppard performed a surprise show for trucking industry leaders and their guests Oct. 14 at the 2024 Daimler Truck Customer Appreciation Event.

October 15, 2024
GovernmentBusinessLogistics

FedEx鈥檚 鈥楶anda Express鈥 Lands in Washington

A pair of 3-year old giant pandas have left a research facility in Dujiangyan, China, and were flown via FedEx's Panda Express to Washington.

October 15, 2024
BusinessTechnologyEquipment

Freightliner Launches Fifth-Generation Cascadia

Freightliner launched a fifth-generation Cascadia on Oct. 15 after publicly showcasing it for the first time at American Trucking Associations鈥 Management Conference & Exhibition.

October 15, 2024
GovernmentBusiness

Spear: ATA Will Keep Leading No Matter Election's Outcome

NASHVILLE, Tenn. 鈥 American Trucking Associations President Chris Spear celebrated the industry鈥檚 array of policy accomplishments during his annual State of the Industry address.

October 14, 2024
GovernmentBusinessLogistics

Virginia to Fund Logistics Training, Business Sites

Two logistics projects and six proposed business development sites will receive state funds from a $2.5 million package of 21 grants that Virginia recently awarded.

October 14, 2024
BusinessTechnology

How AI Is Transforming Trucking in the Wake of COVID

NASHVILLE, Tenn. 鈥 Trucking has become an early adopter of AI, contrary to historical trends. Samsara data shows 87% of operations leaders already use it, with most planning to increase investment.

October 14, 2024
GovernmentBusiness

ATA Economist Anticipates Freight Market Rebalancing Pains

NASHVILLE, Tenn. 鈥 American Trucking Associations Chief Economist Bob Costello on Oct. 14 highlighted how the freight market is set to slowly improve as equipment and demand rebalance.

October 14, 2024

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