Trucking Business News

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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.

BusinessFor-HireTop 100

Saia Reports Earnings Dip Amid Investments for Q4

Saia Inc. closed out 2024 with lower fourth-quarter earnings amid efforts to reinvest in the operations of the business, but it set a revenue record for the full year, the company said Feb. 3.

February 3, 2025
BusinessSafetyPrivateTop 100

Sysco Profit Dips as Avian Flu-Induced Inflation Bites

Cost growth outpaced sales wins due to inflation, particularly across the dairy and poultry sectors, and the carrier added that further price increases were on the way.

February 3, 2025
GovernmentBusinessEquipmentFuel

Trump Pauses Mexico, Canada Tariffs; China Plans in Place

WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.

February 3, 2025
GovernmentBusinessSafety

Lawsuit Blames Deaths on 2023 Train Derailment in Ohio

EAST PALESTINE, Ohio — A lawsuit alleging for the first time that people died because of the 2023 East Palestine train derailment was filed ahead of the second anniversary of the toxic crash.

February 3, 2025
GovernmentBusinessTechnology

Ontario Cancels Deal With Musk’s Starlink

Ontario’s premier said his government is ending its contract with Starlink, the Elon Musk-controlled satellite company.

February 3, 2025
GovernmentBusinessTechnologyEquipmentFuel

Mexico’s Sheinbaum Says Tariffs Delayed for One Month

Mexico President Claudia Sheinbaum said tariffs would be delayed for one month after a conversation with U.S. President Donald Trump on Feb. 3.

February 3, 2025
BusinessLogistics

ATRI: US Highways Congestion Hit Record High in 2022

Congestion on U.S. highways added $108.8 billion in costs to trucking in 2022, up from $94.6 billion in 2021, according to a new study by the American Transportation Research Institute.

February 3, 2025
GovernmentBusinessFuel

OPEC+ Sticks to Supply Plan as Trump Seeks Oil Price Cut

OPEC+ didn’t make any changes to its existing oil production plans at a review meeting Feb. 3, even as President Donald Trump called on the group to lower crude prices.

February 3, 2025
GovernmentBusinessTechnologyEquipmentFuel

China Renews Threat to Counter US Tariffs

TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.

February 3, 2025
GovernmentBusinessTechnologyEquipmentFuel

Canada Retaliates on Tariffs; Mexico Response in Limbo

TORONTO — Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump.

February 3, 2025