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, Equipment, Safety, Top 100

Trucking Charity Donates to Urban Disaster Response Team

The Trucking Cares Foundation donated $25,000 to Virginia Task Force 1, a leading disaster response team, American Trucking Associations’ charitable arm said June 2.

Keiron Greenhalgh | Staff Reporter
June 5, 2023

Daily Briefings from Transport Topics

Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.

Business, Equipment, Fuel, TCA

GM to Devote $1 Billion to Michigan Heavy-Duty Truck Plants

FLINT, Mich. — General Motors Co. will invest more than $1 billion in two of its plants to prepare for production of next-generation heavy-duty trucks, the Detroit automaker announced.

Jordyn Grzelewski | The Detroit News
June 5, 2023
Government, Business, Logistics

Mississippi Welcomes Warehouse, Transport Hub

Gov. Tate Reeves has welcomed a $64 million venture between a Mississippi-based trucking company and a cold-storage logistics firm to build a warehouse and transportation hub.

Noël Fletcher | Staff Reporter
June 5, 2023
Business, Safety

ATRI Assesses Impact of Marijuana Use on Trucking

More than 100,000 truck drivers have been removed from the industry in the past three years due to positive marijuana tests, and most have not returned, an ATRI study shows.

Eric Miller | Senior Reporter
June 5, 2023
Government, Business, Safety

Dozens of Dangerous Rail Crossings Will Be Eliminated

The Federal Railroad Administration has awarded more than $570 million in Railroad Crossing Elimination Grant Program funding to 32 states to improve safety.

Eric Miller | Senior Reporter
June 5, 2023
Business, Safety

2023 State Championships

Images from 2023 state truck driving championships across the county as truck drivers qualify for the 2023 National Truck Driving and Step Van Driving Championships in Columbus, Ohio.

June 2, 2023
Business, Fuel, Private, TCA

Walmart Announces Sustainability Initiatives

Walmart announced June 1 it will take steps to reduce the amount of plastic and cardboard it puts in the waste stream from online orders and reduce vehicle emissions from delivery of packages.

Robert Higgs | cleveland.com
June 2, 2023
Government, Business, Fuel

GM, Stellantis Fined for Missing Fuel Efficiency Targets

General Motors Co. and Stellantis NV paid a combined $363 million in civil penalties for failing to meet U.S. fuel efficiency standards, according to filings with federal regulators.

Keith Laing | Bloomberg News
June 2, 2023
Business, Logistics, Top 100

Trucking Fleet IMC Names Joel Henry Its First CEO

Joel Henry is set to become the first CEO of marine drayage firm IMC Cos., the company announced May 30.

June 2, 2023
Government, Business, Technology

Tesla, Battery Partner Get $1.8 Billion From Biden’s IRA

Elon Musk is getting more firepower for his electric vehicle price war thanks to President Joe Biden’s signature climate legislation.

June 2, 2023