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.

Government, Business, Technology, Safety

States Adopt Streamlined Medical Certification Rule Early

Wisconsin, Rhode Island and Missouri are early adopters of a new online process to streamline the handling of Medical Examiner’s Certification for commercial vehicle drivers.

April 23, 2025
Government, Business

Trump Floats ā€˜Substantial’ China Tariff Cuts in Trade Deal

President Donald Trump said he plans to be ā€œvery niceā€ to China in any trade talks and that tariffs will drop if the countries can reach a deal, a sign he may be backing down from his tough stance.

April 23, 2025
Government, Business, Logistics

Norfolk Southern Profit Increases in Q1

Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroad’s profits grew.

April 23, 2025
Government, Business, Equipment

Volvo Q1 Profit Falls 29% as Tariffs Cloud Outlook

Volvo Group profit slumped 29% year over year in the first quarter of 2025 as uncertainty around tariffs and the impact on global trade hurt truck demand in North America and Europe.

April 23, 2025
Government, Business

Trump Softens Tone on Tariffs, Says He Won’t Fire Powell

President Donald Trump allayed fears that he plans to fire Fed Chair Jerome Powell and signaled he would be "very nice" to China in trade talks.

April 23, 2025
Government, Business, Technology, Equipment

Tesla Profit Falls 71%, Revenue Drops 9% in Q1

Elon Musk says he’ll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profit.

April 23, 2025
Government, Business, Logistics, For-Hire, Private, Global Freight

US-China Tariffs Hit Amazon, FedEx, UPS Distribution Links

President Donald Trump’s tariffs on Chinese imports threaten to disrupt Southern California’s trade and logistics economy, a sector that moves a third of the nation’s container cargo.

April 22, 2025
Government, Business, Technology, Equipment, Logistics

Bessent Predicts US-China Trade De-Escalation

But in a private speech in Washington for JPMorgan Chase, Treasury Secretary Scott Bessent also cautioned that talks between the United States and China had yet to formally start.

April 22, 2025
Government, Business, Fuel

Tariffs Hit Halliburton’s Core Fracking Business

The dominant North American oil field services provider told investors April 22 on a conference call that tariffs will have an impact of 2 to 3 cents per share during the second quarter.

April 22, 2025
Business, Logistics, Top 100

FitzMark Acquires High Point Logistics, Pentonix Freight

FitzMark expanded its footprint in the freight brokerage sector by acquiring High Point Logistics and Pentonix Freight.

April 22, 2025