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, Logistics

Bank of Canada Lowers Rates as Tariff Concerns Grow

Bank of Canada officials acknowledged that the economic uncertainty created by a potential trade battle supported their decision to cut interest rates last month.

February 12, 2025
Government, Business, Technology, Safety

Truck Drivers Slow to Adopt Parking Apps, Study Finds

The study found that despite parking shortages along Interstate 80 and Interstate 94 corridors in Iowa and Wisconsin, drivers are mostly not using the apps to look for empty parking places.

February 12, 2025
Business

Freight Fraud: Cargo Thefts Reach Record High in 2024

Verisk CargoNet reported that cargo theft incidents jumped 27% year over year to a record 3,625 across North America.    

February 12, 2025
Business, Technology, Sponsored

Best Trucking Invoicing Software for Growing Carriers

Managing invoices and billing efficiently is crucial for maintaining cash flow and ensuring business growth.

February 12, 2025
Business, Technology, Logistics, For-Hire, Top 100

Ryder Reports Growth From Strong Operations During Q4

“We are pleased to report that this quarter is the first quarter in the last eight with year-over-year comparable earnings growth," CEO Robert Sanchez said during a call with investors.

February 12, 2025
Business, Technology, Sponsored

Best Trucking Accounting Software 2025

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

February 12, 2025
Government, Business, Logistics

EU Trade Chief and Trump Officials Discuss Tariff Dispute

EU trade chief Maros Sefcovic spoke with three top members of U.S. President Donald Trump’s incoming administration on how to find a solution to the brewing transatlantic trade dispute.

February 12, 2025
Business, Technology, Equipment

Class 8 Vocational Demand Powers Allison Q4 Profit, Revenue

Allison Transmission's profit and revenue rose in the fourth quarter of 2024 on the back of increased Class 8 vocational North American on-highway demand, the company said Feb. 11.

February 12, 2025
Business, Fuel

Chevron Plans to Cut Up to 20% of Workers in Efficiency Push

Chevron Corp. plans to cut its global workforce by 15% to 20% by next year, as part of efforts to reduce costs at the U.S. oil major.

February 12, 2025
Government, Business, Technology, Fuel, Logistics

Canada Gives Halifax Port C$25 Million for Green Initiatives

Canada has granted C$25 million to the Halifax Port Authority for sustainable environmental infrastructure and establish a hydrogen production facility.

February 12, 2025