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.

GovernmentBusinessEquipmentSafety

Court Slashes $462 Million Wabash Verdict to $120 Million

A St. Louis court has drastically reduced a $462 million jury verdict issued against trailer manufacturer Wabash in connection with a 2019 fatal accident.

March 25, 2025
GovernmentBusinessEquipment

Court Preserves Detroit Transmission Housing Supply Line

A component supplier must continue to supply Detroit Diesel with housings for Detroit-branded transmissions installed on Freightliner and Western Star truck production lines, a court ruled.

March 25, 2025
GovernmentBusinessPrivate

Consumer Confidence Falls to Lowest Reading Since 2021

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation.

March 25, 2025
GovernmentBusinessPrivate

Kroger Fights Suit by Albertsons Over Failed Deal

Kroger is fighting back against a lawsuit brought by Albertsons over its failed $24.6 billion takeover of the rival grocery chain.

March 25, 2025
GovernmentBusiness

Carney Says Canada Wants to ā€˜Get Serious’ on Trade Talks

Canadian Prime Minister Mark Carney said his top Cabinet ministers are in contact with White House officials and want to have ā€œseriousā€ negotiations about trade.

March 25, 2025
GovernmentBusinessTechnologyEquipmentSafetyLogistics

Fleets and Insurers Respond to Freight Theft Surge

The industry has made some progress in its response to theft but needs to develop more effective countermeasures, according to multiple insurance brokers.

March 25, 2025
BusinessFuel

Shell Bets Big on LNG

Shell Plc said it would boost investor returns through the end of this decade by reinforcing its position as the world’s top trader of liquefied natural gas.

March 25, 2025
GovernmentBusinessSafety

Trump Taps Derek Barrs for FMCSA Head Amid Turmoil

The nomination of Barrs, a former Florida Highway Patrol chief with more than three decades in public safety, follows a string of leadership changes at the agency.

March 25, 2025
BusinessTechnologyEquipment

Fleetio to Acquire Auto Integrate in $1.5 Billion Fleet Deal

Fleetio, a software firm that helps companies manage their vehicle fleets, has raised $450 million in late-stage venture funding to help finance a takeover of Auto Integrate.

March 25, 2025
GovernmentBusinessSafety

ASCE Report Card: Infrastructure Improved Under Biden

TheĀ American Society of Civil Engineers gives U.S. infrastructure a C grade,Ā up slightly from previous reports, largely due to investments made during the Biden administration.

March 25, 2025