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

Chinese Tariffs on US LNG Set to Reroute Global Trade Flows

China鈥檚 decision to slap tariffs on liquefied natural gas imported from the U.S. will trigger a scramble to decouple the world鈥檚 biggest buyer and seller of the super-chilled fuel.

February 4, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Amazon to Face Legal Action After Layoffs in Quebec

Amazon.com Inc.鈥檚 decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union.

February 4, 2025
BusinessFuelPrivate

ADM Plans to Cut Up to 700 Jobs

Archer-Daniels-Midland Co. said it will reduce its workforce as the company expects profits to decline for a third straight year.

February 4, 2025
GovernmentBusinessFuel

Senate Confirms Chris Wright as Energy Secretary

WASHINGTON 鈥 The Senate confirmed Chris Wright to serve as energy secretary, a key post to promote President Donald Trump鈥檚 efforts to achieve U.S. 鈥渆nergy dominance鈥 in the global market.

February 4, 2025
GovernmentBusinessTechnologyEquipmentFuel

China to Impose Tariffs on US Products, Including Oil

BEIJING 鈥 China countered President Donald Trump鈥檚 tariffs on Chinese products with tariffs on select U.S. imports Feb. 4, as well as announcing an antitrust investigation into Google.

February 4, 2025
BusinessTechnologyEquipmentSafetyAutonomous

Volvo, Waabi Partner to Produce Autonomous Trucks

Waabi will integrate its autonomous driving system, the Waabi Driver, with Volvo鈥檚 production-ready VNL Autonomous model. Commercial pilots will begin in Texas in the coming months.

February 4, 2025
BusinessSafetyLogistics

Pacific Coast Highway Reopens Nearly a Month After Wildfires

LOS ANGELES 鈥 The Pacific Coast Highway reopened Feb. 3, nearly a month after it was closed when flames from the deadly Palisades Fire ripped through hillside Los Angeles neighborhoods.

February 3, 2025
GovernmentBusinessEquipmentFuelLogistics

New Tariffs Cause Concern Among Trucking Stakeholders

Trucking stakeholders are raising alarm that U.S. implementation of tariffs on Mexico and Canada will harm American truckers, cause supply chain instability and hike prices for consumers.

February 3, 2025
GovernmentBusiness

Watch: USDOT Secretary Orders Fuel Economy Rule Rewrite

Newly appointed U.S. Transportation Secretary Sean Duffy聽ordered a rewrite of more stringent U.S. fuel economy rules, following through on one of President Donald Trump鈥檚 first directives after he retook the White House.聽 聽

February 3, 2025
BusinessFor-HireTop 100

Saia Reports Earnings Dip Amid Investments for Q4

Saia Inc. closed out 2024 with lower fourth-quarter earnings amid efforts to reinvest in the operations of the business, but it set a revenue record for the full year, the company said Feb. 3.

February 3, 2025