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.

BusinessEquipmentSafety

Fleets Weigh Pay, Balanced Lifestyle to Retain Truck Drivers

The driver shortage in the trucking industry continues, and longhaul routes remain the most vexing issue, according to experts.

February 11, 2025
GovernmentBusiness

Trump Risks Inflation With Steel, Aluminum Tariffs

President Donald Trump on Feb. 10 removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. 

February 11, 2025
BusinessEquipment

Wheel OEM Accuride’s US Operations Emerging From Bankruptcy

Accuride’s U.S. and Canadian businesses filed for Chapter 11 bankruptcy protection in October with liabilities of between $500 million and $1 billion.

February 10, 2025
GovernmentBusinessLogistics

North Carolina Welcomes $85M Logistics Warehouse on I-95

North Carolina officials announced that Cold-Link Logistics will build an $85.5 million cold storage warehouse along I-95 to handle local and regional poultry and other food products.

February 10, 2025
GovernmentBusinessLogistics

Inflation Fears Grow With Tariff Uncertainty Looming

Expected inflation five years ahead rose to 3% last month, the highest since May 2024, according to results of the New York Fed’s Survey of Consumer Expectations published Feb. 10.

February 10, 2025
GovernmentBusinessTechnologyEquipmentFuel

Northvolt’s Bankruptcy Deals $531M Blow to Swedish Investors

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

February 10, 2025
BusinessEquipmentLogisticsPrivateTop 100

Cemex CEO Fernando González to Step Down After 30 Years

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

February 10, 2025
GovernmentBusinessEquipment

China’s 10% Tariff on US Cars Hits GM, Ford SUVs

China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.

February 10, 2025
BusinessTechnology

Hyzon CEO Meeks Exits; Ex-Daimler Truck Executive Takes Over

Parker Meeks stepped down as CEO at hydrogen fuel cell electric truck maker Hyzon. He was appointed to the post  permanently in April 2023 after holding the role in an interim capacity.

February 10, 2025
BusinessTechnologyAutonomous

Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026

Lyft will launch driverless rides with technology vendor and Intel spinoff Mobileye Global in Dallas as soon as 2026, building on a partnership that was first announced last November.

February 10, 2025