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.

GovernmentBusinessSafetyLogisticsTCA

NTSB Says Maryland Could Have Found Key Bridge Vulnerability

The Maryland Transportation Authority did not conduct a risk assessment that, if acted upon, could have allowed the state to protect the Francis Scott Key Bridge from collapsing, NTSB says.

March 21, 2025
BusinessLogisticsFor-HireGlobal FreightTop 100

FedEx Reports Net Income, Revenue Increase for Q3

FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.

March 21, 2025
GovernmentBusinessFuel

Exxon, Trafigura Protest Colonial Pipeline Changes

Commodities trading giant Trafigura joined oil majors Exxon Mobil and Chevron in protesting operational changes to Colonial Pipeline’s 5,500-mile fuel network.

March 21, 2025
GovernmentBusinessLogistics

China Cuts Back on Small Packages Shipped to US

Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China.

March 21, 2025
BusinessTechnologyEquipment

Foxconn Gets First Major EV-Making Client in Mitsubishi

Hon Hai Precision Industry, known as Foxconn, has secured an agreement to make Mitsubishi EVs, scoring the first major customer for its fledgling EV contract manufacturing business.

March 21, 2025
BusinessFuel

BP to Sell Gas Pipeline Stake to Apollo Funds for $1 Billion

BP said Apollo-managed funds will purchase a 25% noncontrolling stake in BP Pipelines for about $1 billion, marking the British energy giant’s first divestment under its turnaround plan.

March 21, 2025
GovernmentBusinessLogistics

Trump Team Gives New York 30 Days to End Congestion Tolls

President Donald Trump and Department of Transportation Secretary Sean Duffy are putting the state and Gov. Kathy Hochul ā€œon noticeā€ after New York rebuffed the prior deadline.

March 20, 2025
GovernmentBusinessLogisticsFor-Hire

FedEx Lowers Guidance, Citing ā€˜Very Challenging’ Market

FedEx is the latest U.S. company to sound the alarm over weakening consumer confidence and potential fallout from President Donald Trump’s escalating trade war.

March 20, 2025
BusinessTechnology

AI In Logistics: Why Incremental Change Beat Revolution

AI is gradually transforming the trucking industry, enhancing efficiency without replacing workers, though many independent operators still rely on manual processes. In this whitepaper, Seth Clevenger and David Bell explore AI’s impact on routing, predictive analytics, and fleet operations, highlighting the challenges of scaling AI adoption in the industry.

March 20, 2025
GovernmentBusinessTechnologyLogistics

Trump Pressures Fed to Cut Rates as Tariff Concerns Grow

The public pushback on interest rates comes as the Trump White House tries to make its case for stiffer tariffs amid a mixed economic picture in the U.S.

March 20, 2025