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, Logistics

Hegseth Orders Military to Address Moving ā€˜Deficiencies’

Defense Secretary Pete Hegseth called on the U.S. Transportation Command to address ā€œdeficienciesā€ to ensure that thousands of military members have successful moves this summer.

May 27, 2025
Government, Business

US Poised to Receive Golden Share in US Steel-Nippon Tie-Up

The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.

May 27, 2025
Business, Technology, Equipment, Logistics

Leasing Models Offer Fleets Cost-Control Options

Fleet operators weigh full-service versus unbundled truck leasing as costs, maintenance risks and life cycle management shape decisions.

May 27, 2025
Government, Business, Technology, Fuel, Logistics, TCA

Three More Years of Clean Truck Fees Approved at Port of LA

The Port of Los Angeles will continue to collect a $10 clean truck fund fee for the next three years.Ā But at least two harbor commissioners indicated it warrants a closer look going forward.

May 27, 2025
Government, Business, Private

Sysco Helps Restaurants Caught in Trade War

Restaurant supplier Sysco is coaching eateries on substitutes for imported ingredients hit by President Donald Trump’s tariffs.Ā 

May 27, 2025
Business, Equipment

Truck Retail Sales Outlook Cloudy for Rest of 2025

Uncertainty continues to cloud the retail sales and orders outlook for truck makers for the rest of 2025, according to observers.

May 27, 2025
Business, Technology, Logistics

Software Logistics Giant WiseTech Buys E2open for $2.1B

Australian shipping software company WiseTech Global made its biggest ever acquisition, agreeing to buy E2open Parent Holdings in a deal that values the U.S. firm at $2.1 billion.

May 27, 2025
Business, Equipment

Volvo Cars to Cut 3,000 Jobs to Reduce Cost

Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the auto industry faces challenges from trade tensions and resulting economic uncertainty.

May 27, 2025
Government, Business

Trump Signals He’ll Approve Nippon Bid for US Steel

President Donald Trump said U.S. Steel will keep its headquarters in Pittsburgh in a possible signal that he’ll approve a bid by Japan-based Nippon Steel to invest in the steelmaker.

May 27, 2025
Government, Business

Trump Says He’ll Delay Threatened EU Tariff Until July

President Donald Trump said May 25 that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.

May 27, 2025