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

Trump Urges Lower Oil Prices, Interest Rate Cuts at Davos

President Donald Trump said he would ask Saudi Arabia and other OPEC nations to ā€œbring down the cost of oilā€ and reiterated his threat to use tariffs to bring manufacturing back to the U.S.Ā 

January 23, 2025
BusinessEquipment

Trailer Orders in December Dip 3% Annually

U.S. trailer orders ended 2024 trending slightly below the previous December, ACT Research reported.

January 23, 2025
GovernmentBusinessTechnologyTCA

Port of Long Beach Opens EV Truck Charging Facility

The Port of Long Beach celebrated the recent opening of a new electric truck charging station, with officials calling the facility the ā€œlargest port-based truck charging depot in the country.ā€

January 23, 2025
BusinessLogisticsFor-HireTop 100

Knight-Swift Closes 2024 Preparing for Upturn

The Phoenix-based truckload motor carrierĀ reported a revenue decline of 3.5% in the fourth quarter amid efforts to improve the business ahead of the expected up cycle.

January 23, 2025
GovernmentBusinessFuel

Trump’s Agriculture Pick Says She'll Honor All Fuel Sources

President Donald Trump’s nominee to oversee American farming was once head of a group that was among the loudest opponents of a favorite U.S. agriculture product: biofuels.

January 23, 2025
BusinessLogistics

Union Pacific Beats Estimates on Workforce Productivity

Union Pacific Corp.’s quarterly earnings topped Wall Street estimates, and the railroad said its 2025 outlook remains the same despite a mixed economic forecast.

January 23, 2025
BusinessSafetyLogisticsPrivateTop 100

ADM Stops Loading Grain Vessels in Louisiana Amid Snowstorm

One of the world’s biggest crop traders has halted loading of grain vessels at U.S. Gulf terminals as the region’s worst snowstorm in 130 years slams the region.

January 22, 2025
BusinessSafetyLogistics

Fire Explodes North of L.A.; Part of I-5 Closes Temporarily

A fire spreading rapidly north of Los Angeles shut one of California’s main transportation arteries the afternoon of Jan. 22.

January 22, 2025
GovernmentBusinessTechnologyEquipmentFuel

State Trucking Groups Tout CARB Retreat, Continue Fight

While California abandoned its pursuit of regulatory approval for the Advanced Clean Fleets rule, its Advanced Clean Trucks regulation is still being enforced in 10 states.

January 22, 2025
GovernmentBusinessSafetyLogistics

House Highway Bill on Panel’s Radar, Chairman Graves Says

ā€œThis will be a collaborative process in which the committee will solicit feedback from both members and stakeholders,ā€ Sam Graves (R-Mo.) said during a hearing Jan. 15.

January 22, 2025