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.

GovernmentBusiness

Consumer Sentiment Falls Slightly in April

WASHINGTON — Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year.

April 12, 2024
BusinessLogistics

Interactive Map: Where the 2024 Top 100 Logistics Companies Are in North America

Find out where the 2024 Top 100 Logistics Companies are located by regions and by state in North America with our interactive map.

April 12, 2024
BusinessEquipment

Volvo to Build Heavy-Duty Truck Plant in Mexico

Volvo Group will build a heavy-duty truck manufacturing plant in Mexico to complement the Swedish original equipment manufacturer’s production in the U.S.

April 12, 2024
BusinessTechnologyLogistics

3PLs Persevere Through Down Freight Market, TIA Leaders Say

PHOENIX — Third-party logistics providers have persevered through a tough freight market while taking action to stem a rising tide of fraud, 3PL industry leaders said. 

April 12, 2024
GovernmentBusinessTechnology

Samsung to Unveil $44 Billion Chip Push as Soon as Next Week

Samsung is preparing to take the wraps off a $44 billion investment in U.S. chipmaking as soon as next week, a signature project in Washington’s effort to bring production back.

April 12, 2024
GovernmentBusinessSafety

NHTSA Investigates Ford for Bronco Sport Gas Leaks

DETROIT — NHTSA has opened an investigation into a Ford recall for gas leaks from cracked fuel injectors that can cause engine fires, saying in documents that the remedy doesn’t fix the leaks.

April 12, 2024
GovernmentBusinessFuel

IEA Warns Attacks on Russia Plants May Disrupt Diesel Market

The flurry of Ukrainian drone attacks on Russia’s oil refineries risks disrupting global markets for petroleum products, the International Energy Agency said.

April 12, 2024
GovernmentBusinessLogistics

Update: Norfolk Southern to Pay $600M Settlement Over Derailment

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023.

April 11, 2024
GovernmentBusinessSafety

New West Virginia Law Countering Civil Suit Abuse Starts July 1

Starting July 1, noneconomic damage awards in civil lawsuits in West Virginia involving personal injury or wrongful death claims against CMVs will be no higher than $5 million.

April 11, 2024
GovernmentBusinessSafety

Congressional Support Builds for Baltimore Aid

Congressional transportation leaders are expressing support for approving emergency assistance to rebuild a bridge and infrastructure after the collapse at the Port of Baltimore.

April 11, 2024