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, Safety

Policymakers in Congress Introduce Cargo Theft Bill

Legislation designed to respond to industry concerns associated with an increase in cargo theft was recently introduced on Capitol Hill.

April 15, 2025
Government, Business, Equipment

Canada Exempts Tariffs on Automakers That Stay in Country

The Canadian government said it will allow automakers to import a number of U.S.-made cars and trucks without tariffs, as long as the companies keep manufacturing vehicles in Canada.

April 15, 2025
Business, Equipment

Caterpillar Appoints Joe Creed as CEO Starting May 1

Caterpillar Inc. said Joe Creed, a 28-year veteran of the U.S. machinery manufacturer, will be its next CEO.

April 15, 2025
Government, Business, Fuel

Global Oil Surplus to Persist in 2026, IEA Says

The International Energy Agency slashed forecasts for global oil demand this year amid the trade war, and in its first detailed assessment of 2026 predicted a persistent supply surplus.

April 15, 2025
Government, Business, Logistics, Global Freight

Trump’s China Ship Fees Set to Hit Global Shipping Giants

President Donald Trump has proposed a fee of at least $1 million each time a Chinese-operated or Chinese-built ship enters a U.S. port.

April 15, 2025
Business, Equipment, Private, Top 100

Lowe’s °®¶ą´«Ă˝s In on Professional Customers in $1.3 Billion Deal

Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.

April 15, 2025
Government, Business, Technology

Trump Announces Chips, Drug Probes, Opening Door to Tariffs

President Donald Trump’s administration pressed forward with plans to impose tariffs on semiconductor and pharmaceutical imports by initiating probes led by the Commerce Department.

April 14, 2025
Government, Business

Trump’s Tariff Rationale Challenged in Suit by Small Firms

Several small U.S. businesses sued President Donald Trump over his “Liberation Day” tariffs in the latest legal challenge to a cornerstone of his foreign agenda.

April 14, 2025
Business, Technology, Autonomous

Autonomous Tech Firm Kodiak Clears Runway for Public Launch

Kodiak Robotics is positioning itself to become publicly traded by entering into a definitive business combination agreement with special purpose acquisition company Ares Acquisition.

April 14, 2025
Government, Business, Technology

Nvidia Plans to Manufacture AI Chips in US for First Time

Nvidia announced April 14 that it will produce its artificial intelligence supercomputers in the United States for the first time.

April 14, 2025