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

Lawmakers Unveil $1.7 Trillion Bill to Avoid Shutdown

Congressional leaders unveiled a governmentwide $1.7 trillion spending package early Dec. 20 that includes a nearly 10% boost in defense spending and roughly $40 billion to assist communities across the country recovering from drought, hurricanes and other natural disasters.

Kevin Freking | Associated Press
December 20, 2022
Business, Logistics, Breaking News

November Tonnage Increases Year-Over-Year, but Declines From October

Truck tonnage inched up year-over-year in November, but for the second consecutive time declined on a month-to-month basis amid a tepid seasonal environment, American Trucking Associations said with the release of its monthly For-Hire Truck Tonnage Index.

Dan Ronan | Senior Reporter
December 20, 2022
Government, Business, Logistics

Amazon Agrees to EU Antitrust Truce in Marketplace Data Probe

Amazon settled European Union antitrust investigations over how the U.S. ecommerce giant allegedly abused rivals’ sales data to unfairly favor its own products and squeeze out other traders on its platform.

Stephanie Bodoni | Bloomberg News
December 20, 2022
Business, Technology, Equipment, Autonomous

Magna to Buy Veoneer Driver-Assistance Unit for $1.5 Billion

Magna International Inc. has agreed to buy a driver-assistance unit from SSW Partners for about $1.5 billion following a drawn-out battle to control previous parent Veoneer Inc.

Elisabeth Behrmann | Bloomberg News
December 20, 2022
Government, Business, Safety

Experts Share Guidance for Transitioning Veterans Into Trucking

WASHINGTON — Military and trucking industry experts said traits including a willingness to help others and interest in serving a greater good are hallmarks of why truck driving jobs are an excellent option for service members looking to transition to civilian life.

Noël Fletcher | Staff Reporter
December 20, 2022
Business, Technology, Fuel

Clean Energy, Amazon Expand RNG Fueling Locations

Clean Energy Fuels Corp. announced the opening of a renewable natural gas fueling station that will provide an anticipated 1.4 million gallons of the clean fuel annually for Amazon .com Inc. and other truck fleets in the greater Chicago area.

Roger Gilroy | Senior Reporter
December 20, 2022
Business, Equipment

Great Dane Announces Top Executive Succession

Longtime Great Dane CEO Bill Crown announced he will step down effective Jan. 1. Dean Engelage, Great Dane’s president, will succeed Crown. 

Roger Gilroy | Senior Reporter
December 19, 2022
Business, Equipment

Ashley Leiva, Mother and Combat Veteran, Wins Award for New Truck Drivers

WASHINGTON — A young mother from Texas who is a 15-year combat veteran won the keys to a T680 Next Generation Kenworth truck Dec. 16 after capturing the 2022 Transition Trucking: Driving for Excellence Award at the U.S. Chamber of Commerce.

Noël Fletcher | Staff Reporter
December 19, 2022
Business, Technology, Safety

Werner Enterprises Selects Samsara for Cloud-Based Operations

Werner Enterprises has selected a cloud-based fleet management platform from Samsara Inc. to help manage its operations, the companies announced Dec. 15.

December 19, 2022
Business, Equipment, Safety

Yokohama Recalls Limited Run of Two Sizes of Commercial Tires

Yokohama Tire Corp. announced a voluntary recall of two commercial tires.

December 19, 2022