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.

Business, Technology, Equipment, Fuel

Demand Jumps for Renewable Natural Gas, RNG-Powered Trucks

Freightliner has opened its order book for fifth-generation Cascadia tractors powered by Cummins’ X15N natural gas engine.

May 7, 2025
Government, Business, Equipment

Ford Hikes Prices on Mexico-Made Models by as Much as $2,000

Ford is boosting sticker prices on models it builds in Mexico by as much as $2,000 even after its CEO said it would hold the line on pricing to see how rivals would react to 25% auto tariffs.

May 7, 2025
Business, Logistics, Top 100

RXO Grows Revenue 57%, Reports Larger Quarterly Loss

The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $31 million, or 13 cents a diluted share, for the three months ending March 31.

May 7, 2025
Business, Technology, Equipment, Fuel, TCA

Electric School Bus Maker Lion Faces Likely Liquidation

A court-appointed monitor says there is a “very high” likelihood that electric truck and bus maker Lion Electric will be liquidated.

May 7, 2025
Business, Logistics

New York Lands $1.2B Venture From Yogurt Producer Chobani

Greek yogurt giant Chobani will build a 1.4 million-square-foot facility in Oneida County to make 1 billion pounds of dairy products annually, New York Gov. Kathy Hochul announced.

May 7, 2025
Government, Business, Logistics, Global Freight

Container Lines Begin Canceling US-China Shipping Routes

Container liners are starting to sever shipping routes that link the U.S. and China across the Pacific, as President Donald Trump’s trade war upends the industry.

May 7, 2025
Government, Business

China Agrees to Trade Talks With US

China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war, as the two sides prepared for talks later this week.

May 7, 2025
Government, Business, Technology, Equipment, Fuel

Tariffs Force Rivian to Lower Annual Delivery Outlook

The company now expects to sell 40,000 to 46,000 battery-powered pickups, SUVs and delivery vans this year, it said May 6 while reporting first-quarter results.

May 6, 2025
Government, Business

Labor Department Reviewing Independent Contractor Rule

The Labor Department is reviewing the Biden administration’s 2024 worker classification guidance, which directs employers on how to determine whether a worker is an employee or independent contractor.

May 6, 2025
Business, Logistics

C.H. Robinson's Earnings Surge 46% Despite Lower Revenue

Logistics and shipping giant experienced a 45.6% surge in earnings off lower revenue during the first quarter of 2025, the company reported April 30.

May 6, 2025