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.

Government, Business, Technology, Equipment, Safety, Logistics

Trump Signals 25% Tariffs on Auto, Tech, Drug Imports

President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.

February 18, 2025
Business, Fuel

BP Weighs $10 Billion Sale of Castrol Lubricants Unit

A sale of the business is one of the many options BP is considering to win back investor confidence after years of underperformance, sources said.

February 18, 2025
Business, Technology, Sponsored

Truckbase Business Overview, Features, Reviews 2025

Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.

February 18, 2025
Government, Business, Technology

EPA Takes First Step to Block CARB Clean Trucks Rule

The EPA has taken a first step aimed at rescinding the Biden administration’s waivers granted for California’s Advanced Clean Trucks and Omnibus low nitrogen oxides rules.

February 18, 2025
Business, Equipment

Ford Slashes Middle Manager Stock Awards to Trim Costs

Ford Motor Co. is eliminating stock award bonuses for about half of its middle managers in an effort to boost performance as the automaker confronts declining profit and high costs.

February 18, 2025
Business, Safety

Watch: I-95 in Fort Lee, N.J., Still Worst Truck Bottleneck

American Transportation Research Institute's latest analysis highlights significant congestion at key intersections nationwide, with Fort Lee, N.J., topping the list again.   

February 18, 2025
Business, Equipment, Private

Herc Rentals Outbids United in $3.9B Merger with H&E

Herc Rentals is set to merge with fellow construction equipment supplier H&E Equipment Services after outbidding the largest player in the field, United Rentals, the company said Feb. 18.

February 18, 2025
Business, Technology, Equipment

Toyota Aids LG Battery Plant With $1.5 Billion Order

Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.

February 18, 2025
Business, Fuel

Brazil to Join OPEC+

Brazil’s government on Feb. 18 approved joining OPEC+, signaling the country’s evolution into a major oil state just nine months ahead of hosting the United Nations’ annual climate summit.

February 18, 2025
Business, Logistics, Breaking News

ATA Truck Tonnage Remains Unchanged for January

The freight market didn’t change much starting the new year with tonnage remaining sequentially the same for January, American Trucking Associations reported.

February 18, 2025