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, Technology, Equipment

Tesla Cybertruck to Start at $60,990 as Deliveries Commence

After years of development delays and manufacturing snags, Tesla Inc. finally handed over its first Blade Runner-esque Cybertrucks to customers.

Dana Hull and Ed Ludlow | Bloomberg News
November 30, 2023
Business, Equipment, Safety, Fuel

Navistar Sustainability Push Gathers Steam

Navistar’s sustainability commitments go back more than 20 years, but in 2023, it has sharpened its focus.

Keiron Greenhalgh | Staff Reporter
November 30, 2023
Business, Technology

BMW, Mercedes to Set Up Joint EV Charging Network in China

BMW AG and Mercedes-Benz Group AG will cooperate on a fast-charging network for EVs in China with a plan to open at least 1,000 stations by 2026.

Wilfried Eckl-Dorna | Bloomberg News
November 30, 2023
Government, Business

ATA Criticizes Legislative Proposal on Trucker Compensation

American Trucking Associations is leading opposition to legislation in Congress aiming at recasting how certain commercial drivers are compensated.

Eugene Mulero | Senior Reporter
November 30, 2023
Business, Safety

FMCSA Warning: Drivers Who Drug-Test Positive Will Lose CDLs

“By November 18, 2024, as part of new federal regulations, drivers with a ‘prohibited’ status in the Drug and Alcohol Clearinghouse will lose or be denied their state-issued commercial driving privileges.” FMCSA warns truck drivers who drug-test positive will lose their CDLs starting late next year.

November 30, 2023
Business, Equipment

October Used Class 8 Sales Up 7% Year-Over-Year

Used Class 8 truck sales in October increased 7% year-over-year to 21,500 units from 20,100 units, ACT Research reported.

Connor D. Wolf | Staff Reporter
November 30, 2023
Government, Business

ATRI Analysis Looks at Predatory Truck Towing

Nearly 30% of crash-related truck towing invoices included excessive rates or unwarranted additional charges, according to an American Transportation Research Institute analysis.

Eric Miller | Senior Reporter
November 30, 2023
Business, Fuel

Canada’s Lion Electric Lays Off 10% of Workforce

Canadian medium- and heavy-duty electric truck and bus maker Lion Electric laid off 150 employees, or 10% of its workforce, it said Nov. 27.

Keiron Greenhalgh | Staff Reporter
November 30, 2023
Government, Business, Technology, Equipment, Safety

Survey Finds EVs Less Reliable, on Average, Than Gas-Powered

Electric vehicles have proved far less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to the latest survey by Consumer Reports.

Tom Krisher | Associated Press
November 30, 2023
Business, Logistics

Atlanta Joins Top Tier of Global Supply Chain Powers

Atlanta’s Hartsfield-Jackson International Airport plans a nearly $500 million expansion of its air cargo facilities to accommodate steady economic growth in the southeast U.S.

Dan Ronan | Senior Reporter
November 30, 2023