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, Safety, Fuel

Panel Uses Root Cause Analysis to Assess Recruiting, Retention

ORLANDO, Fla. — Five people are about to sit in a conference room at XYZ Fleet to determine why it has been difficult to recruit and retain their technicians.

Michael Freeze | Features Editor
March 2, 2023
Business, Technology, Equipment

J. David Walters Claims Mentor Award at TMC

ORLANDO, Fla. — American Trucking Associations’ Technology & Maintenance Council recognized several maintenance professionals during an awards ceremony held at its Annual Meeting and Transportation Technology Exhibition.

March 2, 2023
Business, Technology, Equipment, Safety, Autonomous

TuSimple Cleared by FMCSA Over 2022 Arizona Incident

Autonomous driving technology company TuSimple said it has been cleared by the Federal Motor Carrier Safety Administration concerning an April 6, 2022, incident in Tucson, Ariz., when one of its trucks struck a concrete barrier on Interstate 10, which resulted in no injuries.

Dan Ronan | Senior Reporter
March 2, 2023
Government, Business, Technology

FHWA Issues Requirements for EV Chargers — but Not for Trucks

The Federal Highway Administration has issued a final rule for minimum standards of electric vehicle chargers, but has chosen to not yet broaden the rule to include minimum standards for medium- and heavy-duty electric truck charging infrastructure.

Eric Miller | Senior Reporter
March 2, 2023
Business

Tesla Announces Plan to Halve Prices of Next-Generation Cars

DETROIT — Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

Tom Krisher | Associated Press
March 2, 2023
Government, Business, Technology

Truck Business, Policymakers Will Need to Tag Team Against Emissions

Trucks using batteries or hydrogen fuel cells instead of diesel engines will need to make up the vast majority of new EU sales by 2040 under plans to reduce CO2 emissions from medium- and heavy-duty vehicles by 90% from 2019 levels.

Nikolas Soulopoulos | Bloomberg News
March 2, 2023
Business, Technology, Equipment

Todd Cotier Installed as New TMC Chairman

ORLANDO, Fla. — Todd Cotier became the newest general chairman of the American Trucking Associations’ Technology & Maintenance Council when he was installed March 1 during a reception at Universal Studios Florida.

Connor D. Wolf | Staff Reporter
March 2, 2023
Business, Equipment

Used Class 8 Prices Down 16% Year-Over-Year in January

Used Class 8 truck sales in January decreased 12% month-over-month to 18,500 units from 21,100 units, ACT Research reported.

Connor D. Wolf | Staff Reporter
March 1, 2023
Government, Business, Technology

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.

Noël Fletcher | Staff Reporter
March 1, 2023
Government, Business, Technology, Logistics, Global Freight

Supply Chain Envoy Says Automating Ports Doesn’t Have to Cost Jobs

The White House’s 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.

Laura Curtis | Bloomberg News
March 1, 2023