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.

GovernmentBusinessLogistics

Fed’s Barr Says Supply Chain Chaos Could Boost Inflation

Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.

May 15, 2025
BusinessTechnologyEquipment

Smart Trailer Tech in Action: How Wayfair is Driving Operational Excellence

Program Aired: May 15, 2 p.m. ET Alec Matson, Sr. Manager of Transportation for Wayfair, and Mark Wallin, General Manager & SVP of Product for Phillips Connect, join TT's Michael Freeze to discuss why Wayfair choose to invest in smart trailer technology, how their day-to-day operations changed, and what steps you need to take to modernize your fleet's trailer management. 

May 15, 2025
GovernmentBusinessSafety

Ford Recalls 274,000 Navigator, Expedition SUVs

Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs due to an issue that may cause a loss of brake function while driving, increasing crash risks.

May 15, 2025
BusinessFuel

Global Oil Demand Growth to Slow For Rest of 2025, IEA Says

Global oil demand growth will slow during the remainder of 2025 after a robust first quarter due to “economic headwinds,†the International Energy Agency said.

May 15, 2025
GovernmentBusinessLogisticsPrivateGlobal Freight

Walmart Says It Will Raise Prices Due to Tariff Costs

Walmart’s first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

May 15, 2025
GovernmentBusinessEquipment

Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.

May 14, 2025
GovernmentBusinessSafety

Transportation Secretary Duffy Finalizes 76 Projects

Transportation Secretary Sean Duffy finalized 76 infrastructure grants among a backlog of 3,200 projects that had been approved under the Biden administration but left incomplete.

May 14, 2025
GovernmentBusinessLogistics

International Trade: US, China Pause Tariffs for 90 Days

The U.S. agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China agreed to lower its rate on U.S. goods by the same amount to 10%.   

May 14, 2025
GovernmentBusiness

China Suspends Retaliatory US Export Controls, Sanctions

China is suspending a trade and investment ban against more than a dozen U.S. companies as part of the trade agreement struck by the world’s two biggest economies.

May 14, 2025
BusinessEquipment

April Medium-Duty Truck Sales Drop 8.8% From Last Year

U.S. sales for medium-duty trucks continued to trend below the prior-year period in April, according to data from Wards Intelligence.

May 14, 2025