Business

About Business News...

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.

Business, Equipment

April Trailer Orders Up After Six Months of Declines

U.S. trailer orders increased year-over-year for the first time in six months during April, ACT Research reported.

Connor D. Wolf | Staff Reporter
May 22, 2024
Business, Technology, Equipment, Autonomous

Volvo, Aurora Unveil Production-Ready Autonomous Tractor

LAS VEGAS — Volvo Trucks has unveiled its first production-ready autonomous Class 8 tractor, which combines its newly updated VNL model with Aurora’s automated driving technology.

Seth Clevenger | Managing Editor, Features and Multimedia
May 22, 2024
Business, Technology, Equipment, Fuel

Electrification Has Its Challenges, J.B. Hunt’s Simpson Says

LAS VEGAS — J.B. Hunt's Shelley Simpson encouraged attendees at the Advanced Clean Transportation Expo to be part of the solutions and innovation of sustainable transportation.

Michael Freeze | Features Editor
May 22, 2024
Government, Business, Technology, Equipment

New Cars in California Could Alert Drivers to Speeding

SACRAMENTO, Calif. — California could eventually join the EU in requiring all new cars to alert drivers when they break the speed limit, a proposal aimed at reducing traffic deaths.

Adam Beam | Associated Press
May 22, 2024
Business, Equipment

Average US Vehicle Age Hits Record 12.6 Years

DETROIT — Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang on to their vehicles largely because new ones cost so much.

May 22, 2024
Government, Business, Fuel

US Puts Its 1 Million-Barrel Gasoline Reserve Up for Sale

The Biden administration is putting its cache of 1 million barrels of gasoline on the market, after being ordered to liquidate the reserve by Congress.

Ari Natter | Bloomberg News
May 21, 2024
Business, Technology, Equipment, Fuel

Alm: Heavy-Duty EV Adoption Must Include Carbon Pricing

LAS VEGAS — Expediting adoption of heavy-duty battery-electric trucks is a multifactor conundrum, but the answer must include a price on carbon dioxide emissions, Volvo Trucks' Alm says.

Keiron Greenhalgh | Staff Reporter
May 21, 2024
Government, Business, Technology

Expert Panel Critical of Regulatory Push for Electric Trucks

SAN ANTONIO — The road ahead for fleets to convert to electric trucks is an expensive and challenging one, a panel of trucking experts told executives at ATA's 2024 Midyear Management Session.

Eric Miller | Senior Reporter
May 21, 2024
Business, Technology, Fuel

Tesla’s Priestley to EV Fleets: Now Is the Time to Scale

LAS VEGAS — In a rare trade show appearance for the company, the head of Tesla’s heavy-duty truck program stressed that electric truck technology is ready for prime time.

Michael Freeze | Features Editor
May 21, 2024
Business, Safety, Logistics

Georgia’s Auto Port Has Its Busiest Month Ever

SAVANNAH, Ga. — The Georgia Ports Authority reported May 21 that April was its busiest month ever for automobile shipments at the Port of Brunswick.

Russ Bynum | Associated Press
May 21, 2024