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.

BusinessTechnologyEquipmentSafetyFuelAutonomous

Musk Seeks Dismissal of Tesla Stock-Sale Suit

The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.

August 5, 2025
BusinessEquipment

Allison Cuts 2025 Guidance on Weak On-Highway Truck Demand

Allison Transmission profit nudged higher in Q2 of 2025, but ongoing U.S. on-highway truck demand weakness led the automatic transmission specialist to cut its full-year guidance.

August 5, 2025
BusinessTechnologyFuel

Heavy Truck Battery Swap Station Is Test Case for Cities

Singapore’s first charging and swapping station for big rigs can replace batteries in under five minutes. The entirely automated process can handle 60 trucks a day.

August 5, 2025
GovernmentBusinessTechnologySafetyLogisticsAutonomous

Federal Proposal Would Ease Out-of-Sight Drone Restrictions

The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.

August 5, 2025
BusinessEquipment

UAW Faction Seeks to Oust President Shawn Fain

Workers at a Stellantis truck factory in suburban Detroit and an engine plant in Michigan voted over the weekend to start the union’s process to remove its leader ahead of an election next year.

August 5, 2025
BusinessEquipmentLogistics

Port of Oakland Drayage Carriers Shut Down After 40 Years

Two longtime stalwarts of the drayage community serving the Port of Oakland and beyond closed their doors in recent weeks after around four decades in business each.

August 5, 2025
GovernmentBusiness

Switzerland’s President Rushes to Washington to Avert Tariffs

Trump last week announced that exports of Swiss goods to the U.S. will face a 39% tariff starting Aug. 7.

August 5, 2025
GovernmentBusinessEquipmentSafetyLogistics

Shipbuilder Sued Over Baltimore Bridge Collapse

Grace Ocean Private and Synergy Marine, the owners of the Dali, filed the lawsuit last week against Hyundai Heavy Industries in U.S. District Court for the Eastern District of Pennsylvania.

August 5, 2025
GovernmentBusiness

Trade Gap Narrows to Tightest Since 2023 on Drop in Imports

The goods and services trade gap shrank 16% from the prior month to $60.2 billion, Commerce Department data showed Aug. 5.

August 5, 2025
GovernmentBusinessEquipment

Caterpillar Misses Profit Estimates as Tariffs Push Up Costs

Caterpillar — seen as a bellwether of the health of the global economy — saw total sales slip in both construction and resource industries.

August 5, 2025