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.

Business, Technology, Equipment, Fuel

GM to Suspend BrightDrop Van Production in Ontario

General Motors Co. will temporarily halt production at a factory in Ontario that makes commercial vans, the second Canadian assembly plant to shut this month.

April 11, 2025
Business, Fuel

US Shale Drilling Sees Sharpest Drop Since 2023

Drilling in the U.S. shale patch declined at the fastest pace in almost two years as mounting international trade tensions threaten to stifle energy demand.

April 11, 2025
Government, Business, Logistics

Port of L.A. Prepares for Downturn in Trade Activity

Imports at the busiest U.S. port should start declining as soon as May and are set to fall sharply in the second half of the year as punitive tariffs start to weigh on demand for foreign goods.

April 11, 2025
Business, Technology, Equipment, Fuel

Kenworth Delays Start of Hydrogen Fuel Cell T680 Production

Serial production of Kenworth Truck Co.'s hydrogen fuel cell electric T680 tractors will not begin in 2025 as previously announced, according to a senior executive.

April 11, 2025
Government, Business, Equipment

Mexico Aims to Raise Auto Tariff Exemptions

Mexico wants a greater proportion of each auto built in the country to qualify for U.S. origin status, a move that would lower the impact of President Donald Trump’s tariff policies.

April 11, 2025
Business, Safety, Logistics

TIA Targets Freight Fraud ‘Crisis’

Fighting back against rampant fraud in the freight transportation industry was the prevailing theme at the Transportation Intermediaries Association's Capital Ideas Conference.

April 11, 2025
Government, Business, Fuel, Logistics

IMO Approves Landmark GHG Tax

Members of the International Maritime Organization — with the United States noticeably absent — agreed on the first global tax on greenhouse gas emissions.

April 11, 2025
Government, Business, Safety, Fuel

Cleanup of Keystone Pipeline Spill Underway in North Dakota

Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland, but it remains unclear when oil will again start flowing to refineries.

April 11, 2025
Government, Business

China Raises Tariffs on American Goods From 84% to 125%

China announced April 11 that it will raise tariffs on U.S. goods from 84% to 125%, the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets.

April 11, 2025
Business, Equipment, Breaking News

Class 8 Truck Sales Climb From February, Still Lag 2024

U.S. Class 8 sales continued to trend below year-ago levels but posted a sequential gain in March, according to data from Wards Intelligence.

April 11, 2025