Trucking Business News

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

Caterpillar Forecasts Lower Revenue This Year

Caterpillar Inc. warned that revenue will be 鈥渟lightly lower鈥 in 2025 as demand concerns weigh on the outlook of the heavy equipment maker.

January 30, 2025
Government, Business

Economy Grows Solid 2.3% From October to December

WASHINGTON 鈥 The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.

January 30, 2025
Government, Business, Technology, Fuel

GOP Energy Coalition Pushes 鈥楢ll-of-the-Above鈥 Strategy

Two of Donald Trump鈥檚 former Cabinet secretaries are outlining a vision for American energy dominance that embraces all forms of power production 鈥 even sources Trump has ridiculed.

January 30, 2025
Government, Business, Safety, Logistics

Passenger Jet Collides With Army Copter Near D.C.-Area Airport

ARLINGTON, Va. 鈥 A jet carrying 60 passengers and four crew members collided Jan. 29 with an Army helicopter carrying three soldiers around 9 p.m. EST while landing at Ronald Reagan National Airport near Washington.

January 30, 2025
Government, Business, Technology, Safety, Fuel

Senate Confirms Lee Zeldin as EPA Chief in 56-42 Vote

Zeldin will help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of EVs.

January 29, 2025
Business, Private, Top 100

Cargill Cutting 1,100 Jobs With Arkansas Plant Closure

Cargill Inc. will shutter a turkey-processing plant in Arkansas, cutting about 1,100 jobs amid a downturn in both turkey and the broader agricultural sector.

January 29, 2025
Government, Business, Technology, Safety

Trump鈥檚 Commerce Pick Leaves CHIPS Act Direction Unclear

鈥淚 can鈥檛 say that I can honor something I haven鈥檛 read,鈥 Howard Lutnick, Trump鈥檚 nominee for commerce secretary, said of the binding CHIPS Act awards in a confirmation hearing Jan. 29.

January 29, 2025
Business, Equipment

Amerit Fleet Solutions Partners With New Mountain Capital

Amerit Fleet Solutions said it secured a majority investment from New Mountain Capital, positioning the fleet maintenance provider for nationwide expansion.

January 29, 2025
Government, Business, Technology, Equipment, Safety, Fuel

Tesla鈥檚 Market Value Surges Despite EV Demand Concerns

The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musk鈥檚 political prominence.

January 29, 2025
Government, Business

Fed Sees Risks 'in Balance' as It Holds Rates at 4.25%-4.5%

In a statement, officials repeated that inflation remains 鈥渟omewhat elevated鈥 but removed a reference to it having made progress toward their 2% goal.

January 29, 2025