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.

BusinessFuel

BP Names Albert Manifold New Chairman

BP appointed former CRH CEO Albert Manifold as its new chairman, replacing Helge Lund amid pressure for a change in the company’s direction from shareholder Elliott Investment Management.

July 21, 2025
GovernmentBusinessTechnologyEquipment

Stellantis Takes Surprise $2.7B Loss as Trump Shakes Market

Stellantis on July 21 announced a surprise $2.7 billion first-half net loss, while analysts had expected a small profit. The maker of Jeeps is tallying the costs of trade wars.

July 21, 2025
GovernmentBusinessSafety

Trump to Terminate $327M in Massachusetts Transit Funds

The Trump administration is canceling $327 million in aid to Massachusetts that had been awarded to partially finance a nearly $2 billion rebuild of a portion of the Massachusetts Turnpike.

July 21, 2025
BusinessFor-HireTop 100

Averitt Announces Record Pay Increase for Hazmat Drivers

The Cookeville, Tenn.-based transportation and logistics company said these regional drivers saw their compensation increase to 64 cents per mile.

July 18, 2025
GovernmentBusiness

Alcoa CEO: Tariffs Force a Pause for Canada Growth Projects

Alcoa, the storied U.S. metals producer, is feeling the pinch of President Donald Trump’s tariffs and has been forced to pause work on all its growth projects underway in Canada.

July 18, 2025
BusinessTechnologyEquipmentAutonomous

Aeva, Daimler Truck Expand Lidar Deal for Autonomy

Trucking technology company Aeva announced an expanded partnership with Daimler Truck North America to advance the commercialization of autonomous vehicles.

July 18, 2025
GovernmentBusinessTechnologyEquipment

Trump Adds Tariffs on Industries for Aug. 1 Double Whammy

President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties on Aug. 1.

July 18, 2025
BusinessTechnologyEquipmentFuel

Optimizing Your Fleet’s Tractor Life Cycle

"Keep, trade or sell.” That’s the age-old question that often keeps fleet managers and executives up at night when it comes to vehicle acquisition. Sound familiar?

July 18, 2025
BusinessEquipment

Truck Maker Iveco Draws Takeover Interest From Tata Motors

Italian truck maker Iveco Group NV has attracted takeover interest from India’s Tata Motors Ltd., people familiar with the matter said.

July 18, 2025
BusinessTechnologyEquipmentSafetyPerspective

Perspective: Mack Pioneer Wedge Cuts Drag, Widens Cab

One major key to the new model’s potential success is its combination of advanced aerodynamic design and ­driver ergonomics in the form of a wedge shape.

July 18, 2025