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.

BusinessLogisticsFor-Hire

Will a Rise in In-Store Shopping Aid Freight’s Recovery?

In-store shopping was already on the rise as the retail sector reset after the turmoil of the COVID-19 pandemic, and the upcoming holiday season is likely to expedite the trend.

September 27, 2024
GovernmentBusinessLogistics

Montreal Port Workers Set to Strike Over Wage Dispute

The union, which represents 1,200 dockworkers, gave 72-hour strike notice on Sept. 27 to the Maritime Employers Association.

September 27, 2024
BusinessEquipment

Toyota Production Falls on Car Safety Scandals, US Recalls

Toyota Motor Corp.’s sales fell again after declines in Japan and China put an end to a short-lived recovery, while production was disrupted by domestic scandals and recalls abroad.

September 27, 2024
BusinessTechnologyAutonomous

Ex-TuSimple CEO Hou Re-Enters Autonomous Trucking Fray

His new venture — Bot Auto — will operate its own autonomous truck fleet and offer Transportation-as-a-Service to freight customers.

September 27, 2024
GovernmentBusinessSafety

Helene Lashes the South With Wind and Sheets of Rain

CRAWFORDVILLE, Fla. — Hurricane Helene roared ashore as a powerful Category 4 storm in Florida, trapping residents in rising floodwaters and knocking out power to millions of customers. 

September 27, 2024
GovernmentBusiness

Fed’s Favored Inflation Gauge Shows Cooling Price Pressures

WASHINGTON — The Federal Reserve’s preferred inflation measure on Sept. 27 provided the latest sign that price pressures are easing, a trend that is expected to fuel more interest rate cuts.

September 27, 2024
BusinessSafetyLogistics

Lithium Battery Fire Halts Work at L.A., Long Beach Ports

Several terminals at the ports of Los Angeles and Long Beach are closed Sept. 27 after a big rig overturned on a vital roadway and the lithium batteries it was carrying caught fire.

September 27, 2024
GovernmentBusinessLogisticsGlobal Freight

Cargo Carriers Fear Port Strike Will Paralyze Half of Trade

The world’s top container carrier is urging customers to move U.S. cargo through East and Gulf Coast ports before the planned start on Oct. 1 of a dockworkers strike.

September 27, 2024
BusinessTechnologySafety

Truckstop Rolls Out Automated Risk System for Brokers

Truckstop has introduced a risk assessment system that offers freight brokers automated tools to help address the growing challenge of sophisticated fraud.

September 26, 2024
GovernmentBusinessSafety

Baltimore Longshoremen Sue Over Bridge Collapse Fallout

BALTIMORE — A group of Baltimore longshoremen has sued the owner and manager of the Dali, the containership that caused the Francis Scott Key Bridge collapse.

September 26, 2024