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, Safety, Fuel, Autonomous

Tesla Snubs Uber for Robotaxi Partnership

Uber Technologies Inc. CEO Dara Khosrowshahi said Elon Musk was not open to making Tesla Inc.’s planned robotaxis available on the ride-sharing platform, making Uber a future competitor.

February 21, 2025
Government, Business, Logistics

Bank of Canada Sees Tariffs Wiping Out Growth for Years

While Bank of Canada Governor Tiff Macklem insists there’s a limit to a monetary policy response to a tariff war, he has a clear view of the damage it could have on the Canadian economy.

February 21, 2025
Business, Equipment, Logistics

Standard Forwarding Freight Buys Midwest LTL Carrier From DHL

Standard Forwarding Freight bought the assets of Midwest less-than-truckload carrier Standard Forwarding from DHL Freight for an undisclosed sum.

February 21, 2025
Government, Business, Fuel

IEA Might Revive Dropped Energy Scenario After US Backlash

The International Energy Agency, the west’s energy watchdog, is considering reviving one of its long-term energy demand scenarios after criticism from U.S. Republican leaders.

February 21, 2025
Business, Technology, Equipment, Safety, Logistics

How Brokers, Carriers and Shippers Are Fighting Theft and Fraud

As technology systems helped advance collaborative freight movements among brokers, carriers and shippers, thieves also have targeted the sector as an area ripe for fraud.

February 21, 2025
Business, Private

PepsiCo Eliminates Some Roles in North American Business

PepsiCo Inc. is eliminating some corporate roles as well as jobs in its U.S. foods divisions, the company said.

February 21, 2025
Business, Technology, Safety, Logistics

Double Brokering Scams Continue to Target Trucking

Brokers make a distinction between co-brokering, done legitimately as a necessity in a fast-paced business environment, and double-brokering, often done by fraudsters.

February 21, 2025
Business, Equipment

Japan Group Reportedly Seeks Tesla Investment in Nissan

Nissan shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc. to aid the struggling carmaker.

February 21, 2025
Business, Logistics

KKR’s Sale of Logistics Provider Goodpack Attracts Investors

KKR & Co.’s revived attempt to potentially sell container and logistics services provider Goodpack has attracted interest from global investment firms including Apollo Global Management.

February 21, 2025
Government, Business

Trump’s Growing Focus on Tariffs Raises Odds of Trade War

President Donald Trump is focusing on the revenue his tariffs would generate as he seeks to get tax cuts through Congress, pointing to an ominous path for countries trying to avoid a trade war.

February 21, 2025