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, Equipment

Car Shoppers Race to Beat Tariff Price Increases

Edmunds projects Q1 car sales totaling 3.8 million vehicles, the strongest start to the year since 2021. Promised U.S. tariffs could jack up sticker prices once inventories are depleted.

March 31, 2025
Business, Equipment

VTNA to Lay Off Up to 350 Employees at Virginia Plant

As many as 350 staff will be laid off in early April at Volvo Trucks North America’s New River Valley assembly plant in Dublin, Va., a Volvo Group representative told Transport Topics.

March 28, 2025
Government, Business

Trump, Carney Talk, Plan Meeting After Canada’s Election

President Donald Trump said he spoke with Canadian Prime Minister Mark Carney and that the two would meet after Canada’s election, amid an intensifying tariff war between the allies.

March 28, 2025
Government, Business

Georgia Passes Third-Party Lawsuit Financing Measure

Georgia has passed a measure that would ensure juries know outside groups that are financing lawsuits and prohibit those groups from pressuring plaintiffs on when or how to settle a case.

March 28, 2025
Government, Business, Technology, Autonomous, TCA

Daimler Truck Plans AI-Powered Military Vehicle

Daimler Truck Holding announced that it would be integrating artificial intelligence and robotics into its military vehicle platforms, in partnership with defense tech firm ARX Robotics.

March 28, 2025
Government, Business

CK Hutchison May Delay Signing Panama Ports Deal

Billionaire Li Ka-shing reportedly won’t go ahead with the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock.

March 28, 2025
Government, Business

US Inflation Remained Elevated in February

An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt. 

March 28, 2025
Government, Business, Logistics

BRW Earns Full DOD Approval for Military Freight Services

BRW took a major step further into government and defense contracting by securing approval to handle more military freight, the company announced March 20.

March 28, 2025
Government, Business

Economist: Tariffs Risk ‘Irreparable Damage’ to US Carmakers

Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s tariffs could weaken the ability of U.S. automakers to compete with their foreign counterparts.

March 28, 2025
Business, Global Freight

SF Holding to Expand Air Cargo Operations

SF Holding Co. aims to solidify its time-definite express business by expanding airfreight operations this year to meet intensifying competition in the courier industry.

March 28, 2025