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.

BusinessEquipment

GM Cuts More Than 200 Salaried Workers to Push Profits

Tariffs have added costs that automakers mostly have not offset with higher prices, and they are reining in investments for EVs that are selling slowly as the government eliminates incentives.

October 24, 2025
BusinessEquipment

Bridgestone Taps New CEO With Mandate to Revive Growth

Morita, 52, will take over as CEO on Jan. 1. He’s currently the company’s chief strategy officer and has been with Bridgestone for almost three decades.

October 24, 2025
GovernmentBusinessSafety

DOT Renews Criticism of Immigrant Drivers After Crash

A truck driver accused of being under the influence and causing a fiery crash that killed three people on a California freeway is in the country illegally, U.S. °®¶ą´«Ă˝land Security officials said.

October 24, 2025
GovernmentBusinessEquipment

GM, Stellantis Lose Part of Canada Tariff Break After Job Cuts

GM and Stellantis will be forced to pay tariffs on some U.S.-made vehicles they import for sale in Canada, after the companies decided to reduce assembly-line work at Ontario factories.

October 24, 2025
GovernmentBusinessFuel

Rivian Will Pay $250M to Settle Legal Suit Over Price Hikes

Rivian Automotive agreed to pay $250 million to settle an investor lawsuit against the electric vehicle maker, saying it’s eager to put the legal wrangling behind it. 

October 24, 2025
GovernmentBusiness

Trump Says He's Ending All Trade Talks With Canada Over Ad

President Donald Trump said late Oct. 23 that he was ending “all trade negotiations” with Canada because of a television ad in that country opposing U.S. tariffs.

October 24, 2025
BusinessTechnologyEquipmentSafety

Isaac Harnesses AI to Better Evaluate Driver Safety

Isaac previewed burgeoning capabilities and outlined its broader vision for AI and fleet management technology at its Horizon 2025 user conference, held Oct. 20-22.

October 23, 2025
BusinessEquipmentSafety

Ford Sees Up to $2 Billion Profit Hit From Aluminum Plant Fire

Ford expects a profit hit of as much as $2 billion after a devastating fire at a key supplier of aluminum for its top-selling F-150 pickup truck, overshadowing solid Q3 financial results.

October 23, 2025
GovernmentBusinessEquipmentFor-HirePrivate

September Trailer Orders Slip 5% After 4 Positive Months

ACT noted continuing concerns over moderating economic activity, weak for-hire carrier profitability and ambiguous government policy remain as challenges to trailer demand.

October 23, 2025
GovernmentBusinessFuel

Gas Prices Could Rise After US, EU Sanction Russian Oil Firms

Oil prices spiked after the U.S. announced new sanctions on Russia's oil industry in an attempt to get President Vladimir Putin to the negotiating table and end Moscow’s brutal war on Ukraine.

October 23, 2025