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

Continental Appoints New CFO Ahead of Parts Maker鈥檚 Overhaul

Continental appointed company veteran Roland Welzbacher to succeed Olaf Schick as CFO as the German manufacturer sheds units to focus on its more profitable tires business.

April 25, 2025
Government, Business

IMF Members See World at 鈥楶ivotal Juncture鈥 Amid Trade Wars

The world economy is at a 鈥減ivotal juncture鈥 as trade tensions flare, members of the IMF said in a draft statement after discussions that have been overshadowed by the trade war.

April 25, 2025
Government, Business, Fuel

Energy Secretary Aims to Reassure Oil Bosses Amid Trade War

Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump鈥檚 trade war is apt to be fleeting.

April 25, 2025
Government, Business, Equipment, Logistics

Auto Carrier Could Take $70 Million Hit From US Port Fees

Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.

April 25, 2025
Government, Business, Logistics

Low-Income Earners Face Sharpest Impact From Tariffs

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

April 25, 2025
Business, Logistics, For-Hire, Global Freight, Top 100

Knight-Swift Posts Q1 Profit as LTL Revenue Soars

Knight-Swift Transportation returned to the black in the first quarter of 2025 on the back of a jump in less-than-truckload revenue.

April 24, 2025
Government, Business, Safety, Logistics

Lawmaker Asks DOT to Reverse Obama-Era English Proficiency Memo

A federal lawmaker from Wyoming is asking USDOT to require that CMV drivers who cannot demonstrate proficiency with speaking and reading English be taken out of service during inspections.

April 24, 2025
Government, Business, Logistics

Carney Says Canada Won鈥檛 Rush Trade Deal With Trump

鈥淲e don鈥檛 have to do a deal in the short term,鈥 Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. 鈥淢y government will do the right deal.鈥

April 24, 2025
Government, Business, Technology, Equipment

Equipment: Truck Prices to Rise as Early as May Due to Tariffs

The latest on how the Trump administration's approach to tariffs is impacting OEMs in the trucking industry. 聽 聽

April 24, 2025
Business, Technology

Optimize Every Mile: How XPO Uses Samsara & Drivewyze to Drive Fleet Efficiency

Program Airs: April 24, 2 p.m. ET聽Join Samsara and Drivewyze on April 24th to discover how leading fleets are leveraging weigh station bypass technology and real-time telematics to reduce delays and get drivers to their destinations faster, boost compliance with effortless safety monitoring, and save on fuel and operational costs with smarter routing. 聽

April 24, 2025