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.

BusinessTechnologyEquipment

Ram Brings Back Hemi V8 Engine in Bid to Reclaim Lost Sales

Ram is putting the Hemi V8 engine back in its light-duty pickup trucks, part of a blitz of changes from brand head Tim Kuniskis to claw back lost share in the hyper-competitive truck market.

June 5, 2025
GovernmentBusinessLogistics

US Trade Deficit Narrows by Most on Record as Imports Plunge

The U.S. trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies.

June 5, 2025
GovernmentBusiness

Trump Speaks With Xi Amid Stalled Tariff Talks

President Donald Trump and his Chinese counterpart, Xi Jinping, have spoken amid stalled negotiations between both countries over tariffs that have roiled global trade.

June 5, 2025
BusinessPrivateTop 100

Walmart Pledges Transparency on Prices After Rebuke From Trump

Walmart said it will continue to communicate the impact of tariffs with investors, consumers and policymakers after President Donald Trump criticized the retailer’s plans to raise prices.

June 5, 2025
BusinessEquipmentSafetyFuelLogisticsGlobal Freight

Ship Carrying EVs Abandoned in Pacific After Catching Fire

A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles.

June 4, 2025
GovernmentBusinessTechnologyEquipmentFuelLogistics

Mercedes, BMW, Others Step Up Response to China Export Curbs

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

June 4, 2025
GovernmentBusiness

Trump Gets Tentative Win From CBO Tax and Tariff Estimates

The CBO handed Republicans a major political talking point, with projections showing the possibility for tariffs to bring in more federal revenue than would be lost by Trump's tax cut plan.

June 4, 2025
GovernmentBusiness

Canada Prime Minister Carney Holds Back on Tariff Retaliation

Prime Minister Mark Carney said Canada and the U.S. are in “intensive” talks about the countries’ relationship, explaining his decision not to respond yet to doubled steel and aluminum tariffs.

June 4, 2025
GovernmentBusinessEquipmentLogisticsFor-Hire

Fleet Margins Set to Shrink Again in 2025, CSCMP Finds

Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.

June 4, 2025
Business

Everything Is Awesome (in Virginia): Lego to Build $366M Hub

Virginia has landed a $366 million deal with The Lego Group to build a 2 million-square-foot warehouse and distribution center near Richmond to deliver the Danish company’s famous building-block toys throughout the region.   

June 4, 2025