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

DOE Outlines Higher Upfront Costs for Green Heavy Trucks

Trucking companies are being advised to seek government incentives to help offset high price tags of green heavy trucks that are forecast based on federal figures to cost $28,000 to $297,500 more than diesel engines vehicles.

March 1, 2023
GovernmentBusinessTechnologyLogisticsGlobal Freight

Supply Chain Envoy Says Automating Ports Doesn鈥檛 Have to Cost Jobs

The White House鈥檚 supply chain envoy said the ports and logistics industry must move toward automation, a sticking point in protracted contract talks between U.S. West Coast dockworkers and their employers.

March 1, 2023
GovernmentBusiness

Manufacturing Shrinks at Slower Pace in February, Prices Gauge Jumps

A gauge of manufacturing improved for the first time in six months, though activity remained in contraction territory amid fragile demand and growing inflationary pressures.

March 1, 2023
GovernmentBusinessTechnologyEquipmentLogistics

ATA Execs Highlight Outreach, Advocacy Benefits at MSC Conference

ORLANDO, Fla. 鈥 Long-standing advocacy and outreach programs continue to be essential tools for stakeholders to advance their message with policymakers, American Trucking Associations executives told members of the Moving & Storage Conference on Feb. 27.

March 1, 2023
BusinessTechnology

Rivian Slides as EV Production Target, Cash Burn Raise Concerns

Rivian Automotive Inc. tumbled the most in nine months after the electric vehicle maker鈥檚 production plans for this year fell short of Wall Street鈥檚 expectations.

March 1, 2023
GovernmentBusinessEquipmentTCA

Buttigieg, Surveying Future Panasonic Battery Plant, Sees Manufacturing 鈥楻enaissance鈥

Transportation Secretary Pete Buttigieg on Feb. 27 hailed the massive Panasonic battery plant planned for De Soto, Kan., as part of a wave of industrial production centered on electric vehicles that is spurring an 鈥淎merican renaissance鈥 in manufacturing.

March 1, 2023
BusinessTechnologyEquipmentAutonomous

AVs Could Alter Trucking Insurance Landscape

ORLANDO, Fla. 鈥 The emergence of autonomous vehicle technology could have profound repercussions for trucking insurance, according to a panel of experts Feb. 28 during the Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition.

March 1, 2023
GovernmentBusinessSafety

CVSA International Roadcheck Event Set for May 16-18

The Commercial Vehicle Safety Alliance has scheduled this year鈥檚 International Roadcheck event for May 16-18, CVSA announced Feb. 28.

March 1, 2023
BusinessTechnologyEquipmentFuel

VTNA Introduces Dealer Service Plan Alongside Connected Tech

ORLANDO, Fla. 鈥 Volvo Trucks North America launched a dealer-managed service plan and connected vehicle technology tool Feb. 28 during the Technology & Maintenance Council Annual Meeting and Transportation Technology Exhibition.

February 28, 2023
BusinessTechnology

Stellantis Idles Illinois Plant, Takes Step Toward Closure

DETROIT 鈥 Stellantis is moving closer to closing its factory in Belvidere, Ill., as it prepares for the costly transition from internal combustion to electric vehicles.

February 28, 2023

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