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.

BusinessTechnologyEquipment

Mack Invests $14.5 Million in Roanoke Valley Expansion

Mack Trucks is investing $14.5 million to expand its manufacturing facility in Roanoke, Va., the company announced Feb. 9.

February 13, 2024
GovernmentBusiness

Oregon Trucking Association Sues State Over Excess Taxation

Three trucking companies joined the Oregon Trucking Association in suing the state, saying heavy trucks in the state are paying too much in state weight-mile taxes.

February 13, 2024
GovernmentBusiness

US Small-Business Optimism Drops by Most Since End of 2022

U.S. small-business optimism in January suffered the biggest drop since 2022, due to weak profits and sales expectations, according to the National Federation of Independent Business.

February 13, 2024
GovernmentBusinessSafety

New Jersey Lawmakers Raise Minimum Insurance

The New Jersey Legislature has passed a law requiring heavy trucks to carry a minimum $1.5 million in liability insurance — double the current federal minimum insurance requirement of $750,000.

February 13, 2024
BusinessSafety

Top Truck Bottlenecks Mostly the Same, Just More Congested

A familiar congested highway spot in Fort Lee, N.J., outside New York City, once again tops American Transportation Research Institute's list of the nation’s worst trucking chokepoints.

February 13, 2024
BusinessLogisticsFor-Hire

XPO Looks to Lower Leverage, May Buy Back Debt Early, CFO Says

Less-than-truckload carrier XPO Inc. is working to reduce its leverage after it purchased assets from Yellow Corp. and might consider buying back some of its debt at par, its finance chief said.

February 12, 2024
BusinessEquipmentBreaking News

Class 8 Truck Sales Down 6.7% in January

Class 8 retail sales kicked off the new year with their sixth consecutive month of year-over-year declines in January, Wards Intelligence data shows.

February 12, 2024
GovernmentBusinessTechnologyTCA

ChargePoint Certified by Federal Risk Management Program

ChargePoint has received cybersecurity certification by the federal government, clearing the way for federal contracts and signaling a security focus in the electric vehicle ecosystem.

February 12, 2024
BusinessTechnologyEquipmentSafetyAutonomous

Mobileye CEO Shashua Expects Growth in Self-Driving Adoption

Amnon Shashua, co-founder and CEO of Mobileye, sees self-driving technology moving ahead over the next few years, allowing for more widespread adoption of the functionality.

February 12, 2024
GovernmentBusinessSafetyFuelLogistics

California Ports Deploying Air Pollution Capture for Ships

Long Beach, Calif.-based startup Stax Engineering has deployed pollution-capturing tech at multiple ports for the first time, servicing ships at the ports of L.A., Long Beach and Oakland.

February 12, 2024

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