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.

BusinessSafety

Wisconsin Awards $468,255 in CDL Grants to Train 260 Drivers

The Wisconsin Department of Workforce Development has awarded $468,255 in grants for commercial driver license training to get 260 drivers on the road.

April 25, 2025
BusinessTechnologyEquipment

Continental Appoints New CFO Ahead of Parts Maker鈥檚 Overhaul

Continental appointed company veteran Roland Welzbacher to succeed Olaf Schick as CFO as the German manufacturer sheds units to focus on its more profitable tires business.

April 25, 2025
GovernmentBusiness

IMF Members See World at 鈥楶ivotal Juncture鈥 Amid Trade Wars

The world economy is at a 鈥減ivotal juncture鈥 as trade tensions flare, members of the IMF said in a draft statement after discussions that have been overshadowed by the trade war.

April 25, 2025
GovernmentBusinessFuel

Energy Secretary Aims to Reassure Oil Bosses Amid Trade War

Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump鈥檚 trade war is apt to be fleeting.

April 25, 2025
GovernmentBusinessEquipmentLogistics

Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025
GovernmentBusinessLogistics

Low-Income Earners Face Sharpest Impact From Tariffs

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

April 25, 2025
BusinessLogisticsFor-HireGlobal FreightTop 100

Knight-Swift Posts Q1 Profit as LTL Revenue Soars

Knight-Swift Transportation returned to the black in the first quarter of 2025 on the back of a jump in less-than-truckload revenue.

April 24, 2025
GovernmentBusinessSafetyLogistics

Lawmaker Asks DOT to Reverse Obama-Era English Proficiency Memo

A federal lawmaker from Wyoming is asking USDOT to require that CMV drivers who cannot demonstrate proficiency with speaking and reading English be taken out of service during inspections.

April 24, 2025
GovernmentBusinessLogistics

Carney Says Canada Won鈥檛 Rush Trade Deal With Trump

鈥淲e don鈥檛 have to do a deal in the short term,鈥 Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. 鈥淢y government will do the right deal.鈥

April 24, 2025
GovernmentBusinessTechnologyEquipment

Equipment: Truck Prices to Rise as Early as May Due to Tariffs

The latest on how the Trump administration's approach to tariffs is impacting OEMs in the trucking industry. 聽 聽

April 24, 2025