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.

GovernmentBusinessSafetyLogistics

Ohio Opens Rest Areas With 40 Truck Parking Spots

Ohio Gov. Mike DeWine unveiled two pairs of modern rest areas with a total of 40 truck parking spots along U.S. Route 33 near Columbus and on the U.S. 30 east-west corridor near Indiana.

July 22, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Carney Tempers Hopes for Fast US-Canada Trade Deal

鈥淐anada will not accept a bad deal. Our objective is not to reach a deal whatever it costs,鈥 Prime Minister Mark Carney told reporters after meeting with the country's provincial leaders.

July 22, 2025
BusinessTechnologyEquipmentFuelLogistics

Nevoya Raises $9.3 Million in Backing for Expansion Plans

California-based carrier Nevoya raised $9.3 million in seed financing to bolster its expansion plans, the company said July 22.

July 22, 2025
GovernmentBusinessTechnologyEquipmentFuelLogistics

Americans, Not Exporters, Eat Rising Tariff Costs

鈥淭he top-down macro evidence seems clear: Americans are mostly paying for the tariffs,鈥 George Saravelos, global head of FX research at Deutsche Bank.

July 22, 2025
BusinessTechnologyEquipment

As Tesla Sales Dip, GM EVs Close the Gap

Americans bought 310,800 EVs in Q2, a 6.3% drop from the year-earlier period. However, the sales dip 鈥 21,000 vehicles 鈥 was nearly equal to the slump in transactions for Tesla.

July 22, 2025
BusinessEquipment

Paccar Q2 Profit Slumps as Weak Truckload Market Persists

Truck manufacturer Paccar鈥檚 profit dived 35.3% year over year in the second quarter as the freight recession continued to hamper tractor sales, particularly among truckload carriers.

July 22, 2025
GovernmentBusinessTechnologyEquipmentFuel

Pure Lithium Shifts Battery Production to Chicago

Pure Lithium will move its operations from Boston to Chicago and invest $46 million to launch manufacturing of lithium metal batteries in Illinois, state officials announced July 10.

July 22, 2025
GovernmentBusinessLogistics

Copper-Laden Ships Race to Reach US Ahead of 50% Tariffs

At least four ships carrying copper are trying to reach U.S. ports before August to get ahead of planned import tariffs on the metal.

July 22, 2025
BusinessTechnologyLogisticsPerspective

Perspective: Understanding the Total Cost of Retail Returns

The returns process is costly. When factoring in every step a retailer goes through to ship, return and reship items, each transaction influences a retailer鈥檚 time, money and product waste.

July 22, 2025
BusinessTechnologyEquipmentSafety

Mack Supplies More Pioneer Safety Package Details

The revamped safety packages are headlined by a switch away from Bendix Fusion to a proprietary safety and collision mitigation system 鈥 Mack Protect.

July 22, 2025