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-HireTop 100

Kenan Advantage Expands Dry Bulk With Two November Deals

North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.

November 25, 2024
BusinessFor-HireTop 100

Roadrunner Owner Sells Majority Stake to CEO Jamroz, Partner

A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.

November 25, 2024
GovernmentBusinessTechnologyFuel

BP Optimistic About US Energy Future Under Trump

BP Plc anticipates strong growth in the U.S. as President-elect Donald Trump improves regulations on the oil and gas industry just as artificial intelligence boosts energy demand.

November 25, 2024
GovernmentBusinessTechnologyFuel

California EV Rebates May Omit Tesla Models

Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

November 25, 2024
BusinessTechnologyEquipment

Samsara Partners With Northland Insurance on Telematics Use

Samsara is teaming up with Northland Insurance to offer the latter’s customers a discount on their premiums or subsidies for investments, the in-cab technology provider said.

November 25, 2024
BusinessTechnologyEquipment

FleetPulse Expands Into Canada

Trailer telematics specialist FleetPulse is set to become available for Canadian fleets, the company said Nov. 20.

November 25, 2024
BusinessLogisticsFor-HireTop 100

Schneider Acquiring Cowan Systems in $390 Million Deal

Schneider is acquiring Baltimore-based Cowan Systems in a $390 million deal that will expand the carrier’s dedicated trucking services. The transaction is set to close by the end of 2024.

November 25, 2024
BusinessPrivateTop 100

Quikrete Secures $9.2 Billion for Summit Materials Deal

The package is among the largest seen since 2022, when the Federal Reserve began lifting interest rates, ending the easy-money era.

November 25, 2024
GovernmentBusinessTechnologyFuel

California Pledges State EV Credit if Federal Subsidies End

California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.

November 25, 2024
BusinessLogistics

October Port Container Volume Keeps Strong Pace

U.S. ports continued to report strong year-over-year gains for cargo handling in October.

November 25, 2024