Trucking Business News

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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.

BusinessSafetyLogisticsGlobal FreightTop 100

DHL Flies 17 Endangered Mountain Bongo Antelopes to Kenya

DHL Express transported 17 endangered mountain bongo antelopes from Florida to a conservation site in Kenya, the company announced in the spring.

May 28, 2025
BusinessFuel

Suitors Line Up for BP’s Castrol Unit

BP's Castrol lubricant business is attracting interest from Reliance Industries, Apollo Global Management and Lone Star Funds, as well as Saudi Aramco.

May 28, 2025
GovernmentBusinessEquipmentLogistics

Canada Confirms No Duty Laws Broken in Vietnam Chassis Case

The assessment confirmed an April 9 preliminary ruling by the CBSA, which took into account comments and responses submitted by the main parties.

May 28, 2025
BusinessFuel

OPEC+ to Maintain Group Quotas Ahead of July Output Decision

OPEC+ gathered online May 28 to ratify its current groupwide production quotas, ahead of a decision by eight key members this weekend whether to bolster output again in July.

May 28, 2025
BusinessEquipment

Stellantis Names Antonio Filosa Its New CEO

Stellantis, the world’s fourth-largest carmaker, named Italian auto executive Antonio Filosa as its new CEO on May 28, replacing Carlos Tavares, who resigned under pressure last year.

May 28, 2025
BusinessTechnologyAutonomous

Toyota Becomes Top Shareholder in Air Taxi Maker Joby

Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.

May 28, 2025
GovernmentBusinessTechnologySafetyAutonomousTCA

Michigan County Board Opposes I-94 Self-Driving Corridor

Washtenaw County officials are opposed to proposed express lanes on about 39 miles of Interstate 94 between Ann Arbor and Detroit that one day could be dedicated to self-driving vehicles.

May 28, 2025
GovernmentBusiness

NYC Wins Order Against US Funding Freeze in Congestion Fight

New York won a court order temporarily barring the Trump administration from withholding federal approvals or funds for the state’s transportation projects.

May 27, 2025
GovernmentBusinessLogistics

Hegseth Orders Military to Address Moving ā€˜Deficiencies’

Defense Secretary Pete Hegseth called on the U.S. Transportation Command to address ā€œdeficienciesā€ to ensure that thousands of military members have successful moves this summer.

May 27, 2025
GovernmentBusiness

US Poised to Receive Golden Share in US Steel-Nippon Tie-Up

The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.

May 27, 2025