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.

Business, For-Hire, Top 100

Old Dominion Posts Revenue Decline to $1.4 Billion During Q4

Old Dominion Freight Line experienced a year-over-year decline in revenue during the fourth quarter due to its less-than-truckload operations moving fewer tons, the company said Feb. 5.

February 5, 2025
Business, Technology, Equipment, TCA

Ford Puts Ford Blue, EV Division Under One Leader

Ford is placing the leadership of its gas and hybrid business along with its all-electric division under a single leader again, though they will continue to operate separately.

February 5, 2025
Business, Technology, Equipment

Toyota Announces EV and Battery Push in China and US

TOKYO — Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Feb. 5, under a new partnership with the Shanghai government.

February 5, 2025
Government, Business, Technology, Safety, Logistics

Truckers Get Real-Time Parking Info on Arizona’s I-10

Arizona announced the dynamic truck parking messaging availability Jan. 27 at four rest areas: Ehrenberg, Bouse Wash, Texas Canyon and San Simon.

February 5, 2025
Business, Technology, Logistics, Top 100

RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal

But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.

February 5, 2025
Government, Business, Fuel

Canada’s Oil Exports to US Jumped in December

Canada’s energy exports to the U.S. jumped at the end of last year, pushing the country’s trade surplus with its biggest customer to the highest in more than two years.

February 5, 2025
Government, Business, Equipment

Honda-Nissan Deal Thrown Into Doubt

Honda and Nissan called into question an agreement reached less than two months ago to consider combining, casting doubt on their efforts to form one of the world’s largest automakers.

February 5, 2025
Government, Business, Technology, Equipment, Fuel, Logistics

Manufacturers Scramble Under Trump’s Looming Tariffs

Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.

February 5, 2025
Government, Business, Logistics, Global Freight

US Postal Service Resumes Accepting Packages From China

The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

February 5, 2025
Business, Technology, Safety, Autonomous

GM’s Cruise to Slash 1,000 Jobs as Robotaxi Service Shutters

General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan.

February 4, 2025