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.

Government, Business, Safety

Carmaker Lobbying Group Pushes Back on EPA Pollution Plan

The Biden administration’s proposal to crack down on vehicle pollution with strict tailpipe emission limits isn’t achievable by 2032, according to an auto industry trade group.

Keith Laing | Bloomberg News
June 29, 2023
Business, Logistics, Top 100

XPO Workers at Florida Facility Decertify Teamsters Union

XPO workers on June 21 voted to remove a local Teamsters union from their Hialeah, Fla., workplace. Teamsters Local 769 was first certified in December 2014.

Connor D. Wolf | Staff Reporter
June 28, 2023
Government, Business, Fuel

USDA Offers Up to $500 Million in Biofuel Grants

Agriculture Secretary Tom Vilsack announced that up to $500 million in federal funds are available to boost supplies of American-made biofuel.

Noël Fletcher | Staff Reporter
June 28, 2023
Business, Equipment

May Used Class 8 Sales Down 4.9% Year-Over-Year

Used Class 8 truck sales in May decreased 4.9% year-over-year to 19,300 units from 20,300, ACT Research reported.

Connor D. Wolf | Staff Reporter
June 28, 2023
Government, Business, Technology, Fuel

Senate EPW Leaders Introduce Diesel Emissions Bill

Legislation that would reauthorize the Diesel Emissions Reduction Act through fiscal 2029 was recently introduced in the U.S. Senate.

Eugene Mulero | Senior Reporter
June 28, 2023
Government, Business, Technology

Biden Administration Announces Infrastructure Investments

With the height of the busy summer travel season upon us, President Joe Biden is touting investments approved in 2021’s infrastructure law.

Eugene Mulero | Senior Reporter
June 28, 2023
Business, Equipment, Safety

Continental Demonstrates Tire Stress Testing Process

UVALDE, Texas — Continental on June 20 hosted a test drive involving a Class 8 truck and sports cars to demonstrate how its tires handle various road conditions.

Connor D. Wolf | Staff Reporter
June 28, 2023
Government, Business, Technology, Equipment

EV Makers Racing for Supplies of Lithium for Batteries

Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the mineral in a politically and environmentally fraught competition.

Joe McDonald | Associated Press
June 28, 2023
Business, Equipment, Fuel, Logistics

Uber Freight: Empty Miles Likely Underreported

Uber Freight estimated that the trucking industry could be driving close to double the number of empty miles than initially estimated. The company released its findings in a report June 28.  

Connor D. Wolf | Staff Reporter
June 28, 2023
Government, Business, Technology, Private

Fleets Can Expect Long Timelines for Facility Connections

Facility electrification timelines for  heavy-duty trucking fleets are likely to be more protracted than carrier executives might expect, according to executives at power utilities.

Keiron Greenhalgh | Staff Reporter
June 28, 2023