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, Technology

Biden Plans Last-Minute Moves on AI, Climate, Pardons

The steps are the latest as Biden races to tie off key files before he leaves office. Trump is preparing a flurry of orders that could take aim at key planks of the Biden agenda.

December 16, 2024
Government, Business, Fuel, Logistics

Tanker Rates Hit by OPEC+ Delays, Weak China Demand

The Baltic Exchange’s TD3C Index, which reflects rates for VLCCs on the Middle-East-to-Asia route, dropped to so-called Worldscale 39.05 on Dec. 13.

December 16, 2024
Business, Technology, Fuel

Northvolt Bankruptcy Hits Danish Pension Fund Hard

ATP is one of the largest owners in Northvolt with a stake of about 5%. The value of that holding “probably won’t be very far from zero.â€

December 16, 2024
Government, Business

Trump Considering Privatization for Struggling USPS

President-elect Donald Trump has discussed possibly overhauling the agency with Howard Lutnick, his commerce secretary nominee, and other transition officials, The Washington Post said.

December 16, 2024
Business, Technology, Sponsored

Best Carrier TMS Software in 2025: How to Choose

Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.

December 14, 2024
Government, Business

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 anywhere from 3% to 15% for passenger and commercial vehicles.

December 13, 2024
Business, Technology, Equipment, Autonomous

Aurora Opens Lidar Testing Facility in Montana

Located on Montana State University’s Innovation Campus, the office is designed to support development and testing of Aurora’s FirstLight Lidar technology.

December 13, 2024
Government, Business, Technology

Supreme Court to Review California Auto Emissions Case

The U.S. Supreme Court will hear a case stemming from California’s vehicle pollution limits, agreeing to decide whether biofuel companies have a legal right to sue over the regulations.

December 13, 2024
Government, Business

Canada Orders Postal Workers Back to Job

The Canadian government asked an independent labor board to order 55,000 Canada Post workers back to the job, a move that’s expected to end a strike that disrupted mail service for nearly a month.

December 13, 2024
Business, Private

Costco Profit Beats Estimates on Healthy Consumer Spending

Costco Wholesale Corp. posted quarterly profit that beat expectations, showing the big-box retailer remains unfazed by tighter consumer spending.

December 13, 2024