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.

Government, Business, Logistics, Global Freight

Dockworkers at Ports From Boston to Houston Halt Labor Talks

The union representing dockworkers at East and Gulf Coast container ports has suspended labor contract negotiations set for June 11, citing a dispute over automation.

June 11, 2024
Government, Business, Logistics

Baltimore Shipping Channel Fully Reopens

BALTIMORE — The main shipping channel into Baltimore’s port has fully reopened to its original depth and width following the March 26 collapse of the Francis Scott Key Bridge.

June 11, 2024
Government, Business, Technology, Autonomous

Judge Rules Tesla Must Face Autopilot False Ad Claims

Tesla failed to persuade an administrative judge to dismiss claims by a California regulator that the company overstated its vehicles’ self-driving capabilities.

June 10, 2024
Business, Logistics

CN Seeks Binding Talks With Teamsters in Labor Dispute

Canadian National Railway amped up pressure on the Teamsters Canada Rail Conference to resolve an ongoing labor dispute with potentially wide-ranging impacts across North American supply chains.

June 10, 2024
Business, Safety

60 Seconds: Fuel Prices to Rise in Five States on July 1

Drivers to pay more at the pump as fuel tax increases are set to take effect July 1 in California, Illinois, Indiana, Missouri and Virginia. 

June 10, 2024
Business, Logistics

C.H. Robinson Names Damon Lee as Chief Financial Officer

C.H. Robinson Worldwide announced the appointment of Damon Lee as its new chief financial officer June 6.

June 10, 2024
Business, Logistics

Textainer in Talks to Buy Container Leasing Firm Seaco

Stonepeak-owned Textainer is in talks to acquire container leasing firm Seaco from an arm of failed Chinese conglomerate HNA Group, according to people with knowledge of the matter.

June 10, 2024
Business, Technology, Safety

Volvo Recalls All EX30 Cars on Software Glitch

Volvo Car AB is recalling all of the almost 72,000 units it has made of its new flagship model — the fully electric EX30 — due to a software issue.

June 10, 2024
Business, Fuel

Noble to Buy Rival Driller Diamond Offshore

Noble Corp., the world’s biggest offshore oil rig contractor by market value, agreed to buy its smaller rival Diamond Offshore Drilling Inc. in a deal valued at $1.6 billion.

June 10, 2024
Business, Equipment, Safety

TCA Names 2024 Professional Drivers of the Year

INDIANAPOLIS — It’s not by chance that four award-winning truck drivers get home safely every night after spending a demanding day on the road. It’s by design, they said during a panel discussion.

June 7, 2024