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-HirePrivate

Leading Freight Companies Prepare for Trucking Turnaround

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

November 14, 2024
GovernmentBusinessTechnologyEquipmentFuel

Five States Seek CARB Delays When Regs Take Effect in 2025

Truckers and legislators in half of the 10 states that automatically adopted California’s Advanced Clean Trucks regulation are trying to put the brakes on before the 2025 rules take effect.

November 14, 2024
BusinessLogistics

Trucking Sees Early Indications of Rising Driver Demand

The trucking industry saw very early indications that driver demand picked up during the third quarter, while remaining affected by market conditions.

November 14, 2024
GovernmentBusinessTechnologySafety

°®¶¹´«Ã½land Security Department Releases AI Framework

WASHINGTON — The Biden administration released guidelines for using artificial intelligence in the power grid, water system, air travel network and other critical infrastructure.

November 14, 2024
GovernmentBusinessTechnologySafety

Ford Hit With $165 Million Penalty on Recall Failure

Ford Motor Co. agreed to a $165 million civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner.

November 14, 2024
BusinessLogisticsGlobal FreightTCA

Hapag-Lloyd Profitable Despite Global Downturn

HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

November 14, 2024
BusinessLogistics

Trucking Sector Weakness Looms Over Q3 Results

The trucking industry continued to bounce along the bottom of the freight cycle with third-quarter earnings being generally weak, according to analysts.

November 14, 2024
GovernmentBusinessFuel

Global Oil Market Faces a Million-Barrel Glut Next Year

Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, the International Energy Agency said.

November 14, 2024
GovernmentBusiness

Railroads, Unions See Trump’s Election Looming Over Talks

OMAHA, Neb. — The flurry of contract agreements announced this fall offers evidence that railroads and their unions are working to avoid the standoffs that led them to a brink of a strike in 2022.

November 14, 2024
BusinessFuel

Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026

Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.

November 13, 2024