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.

Government, Business

Economists Assail Trump’s Canada Trade Claims

President-elect Donald Trump has justified his threat of 25% tariffs on Canada by pointing to the U.S. trade deficit. Top Canadian economists say it’s all because the U.S. wants cheap oil.

January 9, 2025
Business, Technology

LG Energy Posts Unexpected Loss as EV Demand Slows

Battery maker LG Energy Solution Ltd. reported an unexpected loss — sending its shares down — as cooling demand for electric cars hurt sales.

January 9, 2025
Government, Business, Equipment, Fuel, Logistics

Trucking Costs Could Rise $93M Per Year During Bridge Repair

The closure of the Francis Scott Key Bridge in March is set to increase the mid-Atlantic trucking industry’s operating costs by $92.8 million in 2025, according to researchers.

January 9, 2025
Government, Business, Fuel

US Greenhouse Gas Emissions Dip in 2024

U.S. greenhouse gas emissions and economic activity typically grow in tandem. But there are indications that the two are beginning to diverge, in an optimistic sign for the climate.

January 9, 2025
Business, Technology, Equipment

Yazaki Takes Aim at Truck Wiring With New Busbar Tech

LAS VEGAS — Yazaki Innovations unveiled a new line of busbars for trucks, as well as other types of vehicles and industrial applications, during CES 2025.

January 9, 2025
Government, Business

Taiwan’s Trade Surplus With US Jumps to Record

Taiwan’s trade surplus with the U.S. surged to a record high in 2024, a haul that could rankle President-elect Donald Trump as he returns to the White House.

January 9, 2025
Government, Business, Technology

Uncertainty Over Trump’s EV Policies Clouds ’25 Car Forecast

NEW YORK — Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast.

January 9, 2025
Government, Business

Dockworkers Reach Tentative Agreement With Ports, Shippers

U.S. longshoremen reached a contract agreement with ports and shippers Jan. 8, averting a potential strike that could have damaged the American economy.

January 9, 2025
Government, Business, Technology

Uber, Lyft Drivers May See Higher Wages Under NYC Plan

The city’s plan threatens to further weigh on demand for ridesharing in a key market for Uber and Lyft, which are both warning that costs will be passed through to consumers.

January 8, 2025
Government, Business

What's That? WARN Act

The WARN Act or, Worker Adjustment and Retraining Notification Act is a U.S. law requiring employers with 100 or more full-time employees to provide 60 days notice before mass layoffs or plant closures.

January 8, 2025