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.

GovernmentBusinessTechnology

EPA Takes First Step to Block CARB Clean Trucks Rule

The EPA has taken a first step aimed at rescinding the Biden administration’s waivers granted for California’s Advanced Clean Trucks and Omnibus low nitrogen oxides rules.

February 18, 2025
BusinessEquipment

Ford Slashes Middle Manager Stock Awards to Trim Costs

Ford Motor Co. is eliminating stock award bonuses for about half of its middle managers in an effort to boost performance as the automaker confronts declining profit and high costs.

February 18, 2025
BusinessSafety

Watch: I-95 in Fort Lee, N.J., Still Worst Truck Bottleneck

American Transportation Research Institute's latest analysis highlights significant congestion at key intersections nationwide, with Fort Lee, N.J., topping the list again.   

February 18, 2025
BusinessEquipmentPrivate

Herc Rentals Outbids United in $3.9B Merger with H&E

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

February 18, 2025
BusinessTechnologyEquipment

Toyota Aids LG Battery Plant With $1.5 Billion Order

Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.

February 18, 2025
BusinessFuel

Brazil to Join OPEC+

Brazil’s government on Feb. 18 approved joining OPEC+, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit.

February 18, 2025
BusinessLogisticsBreaking News

ATA Truck Tonnage Remains Unchanged for January

The freight market didn’t change much starting the new year with tonnage remaining sequentially the same for January, American Trucking Associations reported.

February 18, 2025
BusinessEquipment

Continental to Cut 3,000 Jobs to Slash Costs at Auto Unit

Continental AG is cutting around 3,000 research and development jobs at its automotive unit as the German parts maker prepares to spin off the struggling business.

February 18, 2025
BusinessEquipment

Honda Open to More Nissan Talks

Shares of Mitsubishi surged as much as 8.6% after a report that Honda would be willing to restart talks on a potential tie-up with ailing peer Nissan if its CEO Makoto Uchida steps down.

February 18, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Amazon Warehouse Workers Reject Union Bid in North Carolina

Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.

February 18, 2025