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.

BusinessTechnologyFuel

New Partnership Brings Renewable Diesel to Southeast US

A new source of renewable diesel is making its way into the southeastern U.S. for commercial operations including trucks operating at the Port of Savannah.

May 10, 2024
BusinessFuel

BP Keen to Buy Tesla Supercharging Sites for US Expansion

BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network.

May 9, 2024
BusinessLogistics

Port of Long Beach CEO Says Cargo Up Eighth Straight Month

Port of Long Beach CEO Mario Cordero said April numbers will show trade flows coming to the U.S. West Coast are continuing to strengthen.

May 9, 2024
BusinessLogistics

Forward Air Ends Eventful Q1 With Positive Revenue Growth

Forward Air Corp. ended an eventful first quarter with positive revenue growth but a decline in total earnings, the company reported May 8.

May 9, 2024
BusinessEquipment

March Used Truck Sales Increase 7% From Last Year

Used Class 8 truck sales in March rose 7.4% compared with the same period the prior year, ACT Research reported. Sales increased to 21,700 units from 20,200 during the 2023 period.

May 9, 2024
BusinessLogistics

Activist Investor Wins 3 Norfolk Southern Board Seats

Norfolk Southern’s CEO will be under more pressure to improve profits after the railroad’s shareholders voted May 9 to elect three of the board members an activist investor nominated.

May 9, 2024
BusinessEquipment

April Class 8 Truck Orders Increase Year-Over-Year

North American Class 8 truck orders increased year-over-year but fell from the previous month during April, according to ACT Research.

May 9, 2024
GovernmentBusinessSafety

Two Charged in 2020 Murder of Fellow Staged Accident Scammer

Federal authorities have indicted two individuals in the 2020 murder of Cornelius Garrison, a fellow participant in staged accidents with tractor-trailers who was cooperating with the FBI.

May 9, 2024
BusinessFuel

Lion Electric Drops on Revenue Miss, Dwindling Cash Balance

Shares of Lion Electric Co. fell as much as 10.5% after the electric vehicle manufacturer missed estimates for revenue and its cash balance dropped.

May 8, 2024
GovernmentBusinessLogistics

House to Examine Baltimore Bridge Collapse May 15

WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.

May 8, 2024

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