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.

GovernmentBusinessFuel

Biden Expected to Permanently Ban Some Offshore Drilling

Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country’s outer continental shelf, according to people familiar.

January 2, 2025
BusinessTechnologyEquipmentFuelAutonomous

Tesla Sales Decline for First Time in More Than a Decade

The Elon Musk-led company sold 1.79 million vehicles last year, it said Jan. 2, which was slightly less than what it delivered in 2023 and also below analysts’ consensus estimate.

January 2, 2025
GovernmentBusinessTechnologySafety

Treasury Breach Adds to US-China Cybersecurity Tension

News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.

January 2, 2025
GovernmentBusiness

US Jobless Claims Hit Eight-Month Low to End 2024

Initial applications for U.S. unemployment capped 2024 at an eight-month low, reflecting the muted levels of job cuts in a labor market that has remained surprisingly resilient.

January 2, 2025
GovernmentBusinessEquipmentSafety

Nippon Steel Offers Biden Veto Power to Win US Steel Deal

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

January 2, 2025
GovernmentBusinessFuel

New Jersey Seeks to Halt New York Congestion Pricing Plan

New Jersey asked a federal judge to block New York from moving forward on Jan. 5 with a plan to charge drivers entering Manhattan’s central business district while a legal challenge plays out.

January 2, 2025
BusinessLogisticsGlobal Freight

Maersk Urges Cargo Pickup Before Potential Port Strike

The world’s No. 2 container carrier urged customers to remove cargo from East and Gulf Coast ports in the U.S. to avoid the possible strike.

January 2, 2025
GovernmentBusinessTechnologyLogistics

New IANA CEO Anne Reinke Aims to Lift Intermodal

New Intermodal Association of North America CEO Anne Reinke wants to elevate the industry’s profile and Capitol Hill presence. But before she makes any moves, she’s going to learn the ropes.

January 2, 2025
GovernmentBusinessTechnologyLogistics

Dockworker Talks to Resume Jan. 7 as Port Strike Looms

Facing a mid-January deadline to reach a deal, the planned talks are a welcome sign for shippers bracing for a labor disruption that would shut every major port on the U.S. East and Gulf coasts.

January 2, 2025
BusinessFuel

2025 Comdata Averages

2025 Diesel prices for Comdata are based on seven–day cash card transactions from more than 6,500 truck stops.

January 1, 2025