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

UAE Aluminum Producer EGA Targets Deals in US Amid Tariffs

Emirates Global Aluminium is planning additional acquisitions of U.S. assets after an initial deal last year as tariffs on metal imports into the country raise prices in that market.

February 13, 2025
BusinessEquipment

January Truck Orders Fall Back Below Prior-Year Results

The back half of last year mostly trended below prior-year comparisons but ended on a predictable uptick. That has since settled back to another year-over-year decline.

February 13, 2025
GovernmentBusinessTechnologyEquipment

‘Armored Teslas’ Vanish From Government Procurement List

The State Department’s procurement forecast removed the mention of Elon Musk’s Tesla  in relation to a planned $400 million armored EV purchase after reports emerged about it on Feb. 12.

February 13, 2025
GovernmentBusiness

Wholesale Prices Rose 0.4% in January, Hotter Than Expected

U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates.

February 13, 2025
BusinessTechnologyEquipment

Honda, Nissan and Mitsubishi End Merger Talks

Japanese automakers Honda, Nissan and Mitsubishi said Feb. 13 they are ending talks on business integration.

February 13, 2025
GovernmentBusiness

Trump Signs Plan for Reciprocal Tariffs on Trade Partners

President Donald Trump on Feb. 13 rolled out his plan to increase U.S. tariffs to match the tax rates that other countries charge on imports, possibly triggering broader confrontation.

February 13, 2025
GovernmentBusinessLogistics

Bank of Canada Lowers Rates as Tariff Concerns Grow

Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.

February 12, 2025
GovernmentBusinessTechnologySafety

Truck Drivers Slow to Adopt Parking Apps, Study Finds

The study found that despite parking shortages along Interstate 80 and Interstate 94 corridors in Iowa and Wisconsin, drivers are mostly not using the apps to look for empty parking places.

February 12, 2025
Business

Freight Fraud: Cargo Thefts Reach Record High in 2024

Verisk CargoNet reported that cargo theft incidents jumped 27% year over year to a record 3,625 across North America.    

February 12, 2025
BusinessTechnologySponsored

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

February 12, 2025