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.

GovernmentBusinessEquipment

Stellantis Plans $10 Billion in US Investments, Reports Say

Stellantis is focused on reclaiming the success of the Jeep brand and considering fresh investment into Dodge, which could result in a new Dodge V8 muscle car, and possibly the Chrysler brand.

October 6, 2025
GovernmentBusiness

Trump Plans Aid Package for Soybean Farmers

But farmers are worried that time is quickly running out to reach a trade deal with China in time to sell any of this year’s crop to their biggest customer.

October 6, 2025
BusinessFuel

OPEC+ to Raise Oil Production by 137,000 Barrels per Day

The alliance has been raising output slightly in a series of boosts all year, after announcing cuts in 2023 and 2024.

October 6, 2025
BusinessEquipmentLogisticsFor-Hire

Werner CEO Sees Longer Freight Boom on OEM Production Cuts

Freight cycles typically last 14 to 15 months, according to Werner CEO Derek Leathers, but the current downswing has gone on for double that. “It’s the worst one I’ve ever seen."

October 3, 2025
GovernmentBusinessFuel

OPEC+ Nations Strive for Agreement on Size of Next Oil Hike

OPEC+ nations are trying to reach consensus on how to adjust their oil production next month, with either a modest or more substantial supply increase possible, delegates said.

October 3, 2025
BusinessSafetyFuel

Chevron Refinery Fire Near Los Angeles Extinguished

Chevron Corp.’s El Segundo refinery in Los Angeles County has extinguished a fire that broke out the night of Oct. 2 and shut multiple units.

October 3, 2025
GovernmentBusinessTechnologyEquipmentSafety

Volvo Spots Down Cycle Opportunities Amid VNL Launch

Volvo Trucks North America believes its recently redesigned VNL over-the-road model includes features that can help customers navigate the industry’s challenging market dynamics.

October 3, 2025
GovernmentBusiness

Lack of Jobs Data Muddies View of Hiring, Economy

It’s the first time since a government shutdown in 2013 that the jobs report has been delayed.

October 3, 2025
BusinessLogistics

Mario Cordero to Retire as Long Beach Port CEO at Year’s End

Mario Cordero, who has served as CEO since May 2017 and oversees about 600 workers, has guided  one of the busiest seaports in the nation through an era of record-breaking container volume.

October 3, 2025
GovernmentBusinessFor-Hire

Jim Ward to Step Down as TCA President

Ward, who took over as president in 2022, is credited with strengthening the association’s reach, expanding its programs and increasing engagement with its members.

October 3, 2025