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.

BusinessTechnology

CATL, Nio Sign $346M Deal to Expand Battery-Swapping Grid

The world鈥檚 largest battery manufacturer, CATL, has agreed to invest up to $346 million in building out a battery-swapping network across China in collaboration with EV maker Nio.

March 18, 2025
BusinessTechnologyEquipmentSafetyAutonomous

Luminar Stock Jumps as Viral Video Backs Its Tech Over Tesla

In the video, which has drawn more than 11 million views since it was published to YouTube on March 15, Mark Rober runs six tests assessing Luminar's lidar technology against Tesla鈥檚 system.

March 17, 2025
BusinessEquipmentLogisticsFor-Hire

Yellow Creditors Push Plan to End Bankruptcy Case

Creditors of defunct trucking firm Yellow Corp. will submit their own plan in coming days on how to split up the company鈥檚 remaining $550 million of cash and end its bankruptcy case.

March 17, 2025
GovernmentBusinessLogistics

China Partially Renews US Meat Export Permits

China鈥檚 government has renewed export registrations for some U.S. meat plants whose eligibility was set to lapse, raising hopes that shipments won鈥檛 be disrupted.

March 17, 2025
BusinessTechnologyEquipment

Volkswagen鈥檚 Audi Will Cut 7,500 Jobs in Germany by 2029

The reductions, which correspond to 14% of the brand鈥檚 German workforce, won鈥檛 affect factory workers.聽鈥淎udi must become faster, more agile and more efficient,鈥 said CEO Gernot D枚llner.

March 17, 2025
GovernmentBusinessLogistics

Trump鈥檚 Trade Team Debates Strategy for New Tariff Rollout

President Donald Trump鈥檚 top trade negotiator is attempting to inject order into new tariffs expected next month, after previous announcements roiled markets and fueled uncertainty.

March 17, 2025
BusinessFuel

Chevron Buys $2.3B Hess Stake, Stays Confident on Merger

Chevron bought nearly 5% of Hess as a show of confidence that it will win the arbitration battle with Exxon Mobil that has delayed the Hess takeover for more than a year.

March 17, 2025
BusinessPrivate

PepsiCo Buys Prebiotic Soda Brand Poppi

PepsiCo said March 17 that it鈥檚 acquiring the prebiotic soda brand Poppi for $1.95 billion.

March 17, 2025
BusinessTechnologyEquipmentSafetyFuelFor-Hire

Low-Rolling-Resistance Tires Gain Traction in Trucking

Significant technological advances in recent years have helped to increase demand for LRR tires.聽鈥淭hey鈥檙e just making the tires better and better all around,鈥 one trucking executive said.

March 17, 2025
GovernmentBusiness

Trump Says Both Reciprocal, Sectoral Tariffs Coming April 2

President Donald Trump said he would be imposing both broad reciprocal tariffs and additional sector-specific tariffs on April 2.

March 17, 2025