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.

GovernmentBusinessEquipmentSafety

BMW Recalls More Cars After New Issue With Brakes

BMW AG is recalling 270 vehicles in the U.S. to fix improper welding on braking systems supplied by Continental AG, adding to a more widespread issue with the component.

September 26, 2024
GovernmentBusiness

US Economy Grew at a Solid 3% Rate Last Quarter

WASHINGTON — The economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Sept. 26.

September 26, 2024
GovernmentBusinessLogistics

Ports Seek Order to Force Dockworkers to Bargaining Table

DETROIT — With a strike deadline looming, the group representing East and Gulf Coast ports is asking a federal agency to make the longshoremen’s union come to the bargaining table.

September 26, 2024
GovernmentBusiness

House Passes Bill to Ease Veterans’ Path to Trucking Jobs

The bill would ease veterans’ ability to use GI Bill benefits to pursue commercial driving careers.

September 26, 2024
GovernmentBusinessSafety

Judge Approves $600M Settlement for East Palestine Residents

A federal judge approved a $600 million class-action settlement that Norfolk Southern railroad offered to everyone who lived within 20 miles of last year’s derailment in East Palestine, Ohio.

September 26, 2024
GovernmentBusiness

House Committee Approves TSA Clearance Bill

A committee in the House of Representatives easily approved a bill meant to facilitate commercial drivers’ access to security credentials.

September 26, 2024
BusinessEquipment

Navistar to Rebrand as International Motors

In a rebranding that reaches back to the company’s origins, Navistar Inc. will on Oct. 1 adopt the new name of International Motors.

September 25, 2024
GovernmentBusiness

Arbitration Favors US Steel Over Deal

A U.S. arbitration panel has come out in favor of U.S. Steel in a dispute with union workers over Nippon Steel’s plan to buy the Pittsburgh-based company, according to the United Steelworkers.

September 25, 2024
GovernmentBusinessSafetyLogistics

Biden Presses Big Railroads to Offer More Paid Sick Days

The Biden administration is pressuring three major rail companies to provide their workers with paid sick days, aiming to expand the benefit into an industrywide norm.

September 25, 2024
BusinessTechnologyLogistics

60 Seconds: Established Freight Brokers Adapt to Evolving AI Technology

As much news has been made about new “tech-first” players entering the digital space of #freight brokering, efforts from established and newer enterprises to develop robust digital tools are being shaped by market demands and technological innovations, including artificial intelligence, particularly generative AI, experts said. 

September 25, 2024