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, Logistics, Autonomous

Locomation to Begin Runs With Oklahoma Carrier

Autonomous truck developer Locomation announced an eight-year agreement with El Reno, Okla.-based Stevens Trucking Co. to provide the carrier with its human-guided Level 2 autonomous relay convoy turnkey system.

Roger Gilroy | Senior Reporter
August 31, 2022
Government, Business, Safety

FMCSA Releases Draft Medical Examiners Handbook

It’s been seven years in the making, but the Federal Motor Carriers Safety Administration has released a draft copy of the Medical Examiners Handbook that offers revised guidance to help examiners ensure that truck drivers are in good health.

Eric Miller | Senior Reporter
August 31, 2022
Business, Technology, Logistics, Autonomous, TCA

Autonomous Truck Firm Gatik to Begin Deliveries in Dallas

Gatik, a California-based autonomous trucking company, will begin a Dallas route in partnership with century-old business equipment firm Pitney Bowes.

Alexandra Skores | The Dallas Morning News
August 31, 2022
Business, Technology, Fuel

Toyota Invests in EV Battery Production in US, Japan

TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.

Yuri Kageyama | Associated Press
August 31, 2022
Business, Technology, Equipment

EV Makers Lucid, Nikola Plan for Stock Sales

It was probably a case of now or never for the latest pair of electric vehicle makers to announce fundraising plans as they burn through cash.

Drew Singer and Esha Dey | Bloomberg News
August 30, 2022
Business, Technology, Fuel

Nikola Announces Leadership Changes, Moves Ahead With Acquisition of Romeo Power

Nikola Corp. made announcements regarding leadership changes and its proceeding with acquiring an energy-storage technology company.

Dan Ronan | Senior Reporter
August 30, 2022
Government, Business, Technology, Safety

Florida Launches Alert System for Work Zones, Lane Closures

Truckers and others driving through Florida have a new alert system for lane closures with real-time updates from work zones along interstates and state roads that’s being billed as the first of its kind in North America.

Noël Fletcher | Staff Reporter
August 30, 2022
Business, Logistics

Colonial Freight to Close after Nearly 80 Years

After running and owning a trucking company since 1943, the McBride family says it’s time to close the business.

Dan Ronan | Senior Reporter
August 30, 2022
Business, Technology, Equipment

Wabash Adds Two Large Dealers in East

Wabash announced it added two large dealers to its North American dealer network: Bergey’s Truck Centers and Allegiance Trucks.

August 30, 2022
Government, Business, Logistics

Port of Port Arthur Plans for $20 Million Expansion in 2023-24

Port of Port Arthur, Texas, will receive $13.6 million in a federal USDOT grant that port officials say will significantly upgrade the East Texas facility during the next year.

Dan Ronan | Senior Reporter
August 30, 2022