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.

BusinessTechnologySafety

Reduce Liability and Insurance Costs with Precision GPS

Program Aired: March 9, 2023 2 p.m. ET. The newest positioning technology is 100x more accurate than the current market standard. Such advancement promises trucking companies better ways to mitigate risk, reduce liability, and monitor safety. But how does it work in practice? This seminar explores the practical application of precision GPS and discusses fleet safety, accident reduction, and driver management.

March 9, 2023
BusinessTechnologyEquipmentLogistics

Trucking Titans Share M&A Tips

ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.

March 9, 2023
BusinessTechnologyEquipment

Nissan Says New Powertrains May Cut Hybrid Costs Up to 30%

Nissan Motor Co. is developing new modular powertrains that will help streamline production and drive manufacturing costs for hybrid cars down by as much as 30%.

March 9, 2023
BusinessEquipment

Combustion Car Sales Struggling to Return to Pre-Pandemic Levels

As the recovery of global auto sales takes shape, it’s becoming clearer that sales of internal combustion vehicles are unlikely to ever return to pre-pandemic levels.

March 9, 2023
BusinessTechnologyEquipment

Mack Trucks Unveils Its First Medium-Duty EV

Mack Trucks has introduced its first electric vehicle for the medium-duty market.

March 8, 2023
BusinessTechnologyEquipmentSafety

Mack Announces Services Suite, Expands OTA Updates

ORLANDO, Fla. — Mack Trucks launched a bundled services suite called Mack Premium Service Contracts and announced that it will ­expand the number of electronic control units enabled for Mack Over the Air updates in the Mack Anthem, Pinnacle and Granite models.

March 8, 2023
GovernmentBusinessEquipment

House Lawmakers Propose 12% Excise Tax Repeal

Legislation to repeal a tax on the purchase of new trucks was introduced in the U.S. House of Representatives.

March 8, 2023
BusinessTechnologyEquipment

Cummins Launches New Brand to Further Zero-Emission Goals

WASHINGTON — Cummins Inc. said it is launching a new brand aimed at accelerating the transition to sustainable energy solutions for commercial applications.

March 8, 2023
GovernmentBusinessSafetyLogistics

NTSB to Investigate Safety at Norfolk Southern

In the wake of three high-profile freight train accidents within the last month, including one that caused environmental damage in East Palestine, Ohio, the National Transportation Safety Board announced March 7 it is opening a special investigation into the safety practices of Norfolk Southern Corp.

March 8, 2023
BusinessFuel

Love’s Travel Stops Founder Tom Love Dies at 85

Love’s Travel Stops & Country Stores founder Tom Love, who grew the company from a single service station to a chain of more than 600 truck stop locations nationwide, died March 7, the company announced. He was 85.

March 7, 2023

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