Fuel card skimming has become an increasing threat to the financial security of truck fleets, but industry leaders have been making progress addressing the issue over the past year.
February 21, 2025Trucking 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.
Trucking Fights Back Against Fuel Card Skimming
Stellantis Pauses Jeep Compass, Ontario Plant Operations
The Brampton plant, which employed about 3,000 workers, is currently being retooled to build electric and and gas-powered vehicles for the Jeep brands.
February 20, 2025Rivian Reports Profit but Cuts 2025 EV Sales Forecast
Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.
February 20, 2025TFI’s Decision to Relocate to US Sparks Controversy
Canadian trucking and logistics company TFI International Inc. said it will move its headquarters to the U.S., earning criticism from one of its largest shareholders.
February 20, 2025TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease
The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.
February 20, 2025InCharge Energy, DLL Team Up on EV Charging Expansion
The companies announced the agreement Feb. 18, saying the goal is to lower financial barriers for organizations looking to transition to electric vehicles.
February 20, 2025New Texas-Mexico Border Project to Improve Truck Processing
Customs and Border Protection has partnered with Texas on a $6.9 million construction project to more efficiently process trucks bringing in cargo from Mexico at the Los Indios crossing.
February 20, 2025Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk
The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.
February 20, 2025ATRI Seeks Carrier Input on Hiring Across Demographics
Researchers at ATRI are asking motor carriers whether they'd be willing to hire truck drivers with prior criminal convictions.
February 20, 2025C.H. Robinson CEO Strives for Impactful Changes
C.H. Robinson CEO Dave Bozeman moved to Minnesota in June 2023 and dug right in with a deep dive into the company and the community.
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