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.

GovernmentBusiness

Consumer Spending Falls as Inflation Indicator Rises

The Federal Reserve’s preferred measure of underlying inflation rose at a mild pace in January, while consumers pulled back on spending.

February 28, 2025
GovernmentBusiness

As Tariffs Loom, US Imports More Food Than Ever

The United States, known for being a global agriculture powerhouse, has never imported more food than it is right now. And its agricultural exports are falling.

February 28, 2025
BusinessTechnologySafetyAutonomous

Tesla Targets Waymo, Uber in California Ride-Hail Bid

Tesla is seeking approval to offer ride-hailing services in California, a key step by Elon Musk’s company to begin carrying paying customers while its traditional business falters.

February 27, 2025
GovernmentBusinessSafetyLogistics

Pipeline Safety Agency’s Senior Leaders Exit Amid Trump Push

Several senior executives at a key government regulatory body responsible for overseeing safety of the pipeline system will depart in the next three months, according to a memo.

February 27, 2025
GovernmentBusinessTechnologySafety

Senate Panels OK Bradbury for DOT, Chavez-DeRemer for Labor

A Senate panel recently approved the nomination of Steven Bradbury to help lead the Department of Transportation as deputy secretary. The vote was 15-13 along party lines.

February 27, 2025
BusinessLogisticsFor-Hire

Auto Haulers Eye Initial Jack Cooper Tailwind in Weak Market

The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector, and possibly stimulate some appetite for mergers.

February 27, 2025
GovernmentBusinessSafety

Stakeholders Urge Congress to Take Action on Cargo Theft

A stakeholder representing ATA on Feb. 27 shared with a Senate panel ongoing industry concerns associated with an increase in cargo theft afflicting the nation’s supply chain.

February 27, 2025
BusinessLogistics

Forward Air Reports Mixed Q4 Amid Stabilization Efforts

Forward Air remained focused on stabilizing operations in the aftermath of a major acquisition and change in direction leading up to the fourth quarter of 2024, the company reported Feb. 26.

February 27, 2025
GovernmentBusinessLogistics

Federal Reversal Clears Path for Louisiana Port Development

The state had previously OK’d the construction of a grain elevator in an area along the west bank of the Mississippi River, but federal red tape prevented the project from moving forward.

February 27, 2025
BusinessEquipment

Nissan Prepares to Replace CEO After Honda Deal Falls Apart

Nissan is drawing up plans to replace its CEO following another dismal set of earnings and the collapse of talks to combine with Honda, according to people familiar with the matter.

February 27, 2025