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, Fuel

LNG Exporter Venture Global Files for IPO

Venture Global Inc., one of the biggest suppliers of liquefied natural gas in the U.S., filed for what could be one of the largest initial public offerings of 2025.

December 20, 2024
Government, Business, Equipment, Safety

NHTSA Issues Final Rule Authorizing Whistleblower Payments

Any current or former employee or contractor of a vehicle manufacturer, part supplier or dealership may be a whistleblower, NHTSA said.

December 20, 2024
Business, Technology, Equipment, Safety

Chris Purcell Wins Grand Champion Title at Rush Skills Rodeo

SAN ANTONIO — For the second time, Chris Purcell was named Grand Champion at the Rush Enterprises Tech Skills Rodeo. He also captured the annual competition’s top prize in 2021.

December 20, 2024
Government, Business

VW Deal for 120,000 Workers Avoids Layoffs, Plant Closures

FRANKFURT, Germany — Volkswagen and its employee representatives said they reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030.

December 20, 2024
Government, Business, Safety

FMCSA Panel Calls for Solutions to Truck Parking Crisis

A Federal Motor Carrier Safety Administration advisory committee met for five hours Dec. 17 to recommend best practices to increase safe parking for truck drivers seeking rest.

December 20, 2024
Business, Equipment, Fuel

Hyzon to Begin Layoffs in February Without More Funds, Buyer

Hyzon expects to start laying off U.S. employees in February if the hydrogen fuel cell electric truck maker cannot raise more funds or find a buyer, the company said Dec. 20.

December 20, 2024
Business, Logistics

Watch: Toll Rates to Rise in Several States in 2025

Starting in January, toll rates on roads in Ohio, Oklahoma, Pennsylvania, New Jersey and New York are set to rise.   

December 20, 2024
Government, Business

Inflation Slows, Boosting Hopes for Deeper Rate Cuts in 2025

The so-called core personal consumption expenditures price index, which excludes food and energy items, increased 0.1% from October and 2.8% from a year earlier.

December 20, 2024
Government, Business

Consumer Sentiment Up for Fifth Straight Month in December

The final December sentiment index increased to 74 from 71.8 last month, according to the University of Michigan. The median estimate in a Bloomberg survey called for a reading of 74.2.

December 20, 2024
Government, Business

House Passes Spending Plan Hours Before Shutdown Deadline

The spending bill would keep the government open through March 14, provide disaster relief and give billions of dollars in economic aid to farmers. It will not suspend the national debt limit.

December 20, 2024