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.

BusinessTechnologyEquipmentFuel

Tesla Co-Founder Straubel’s Battery Firm Redwood Cuts Dozens

Tesla co-founder JB Straubel’s battery recycling firm, Redwood Materials, cut dozens of jobs as the startup scales back some of its ambitious projects.

November 25, 2025
BusinessEquipmentSafetyLogisticsFor-HireGlobal FreightTop 100

MD-11 Grounding After Crash May Linger for UPS, FedEx

The grounding of the workhorse freighter plane involved in a deadly crash in Kentucky may drag on for an “undeterminable period,” creating havoc for UPS, FedEx and a Florida-based carrier.

November 25, 2025
BusinessTechnologyAutonomous

Barak Turovsky, GM's Head of AI, Leaves Automaker

General Motors' chief AI officer is out, marking the loss of another Silicon Valley alum as the company works to bulk up staffing to support tech innovation at the Detroit automaker.

November 25, 2025
GovernmentBusiness

Consumer Confidence in November Slides to Lowest Since April

U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation.

November 25, 2025
GovernmentBusinessLogistics

Canada Delays Trade Data After US Shutdown

Statistics Canada said it will not publish October trade data as was scheduled on Dec. 4. The agency had previously confirmed September numbers would be postponed.

November 25, 2025
BusinessTechnologyEquipment

Iconic Illinois Foundry Reopens Focused Just on Brake Drums

The foundry achieved a first Nov. 20, pouring its first iron as a stand-alone commercial vehicle brake drum manufacturing plant. Brake drums were soon rolling off the production line.

November 25, 2025
BusinessTechnologyEquipmentSafetyLogistics

PrePass, Vermont Launch App in State to Speed Truck Travel

Vermont’s Department of Motor Vehicles and the PrePass Safety Alliance have activated mobile bypass technology at two inspection sites, enabling faster travel for approved trucks.

November 25, 2025
BusinessEquipmentFuel

Daimler Truck’s Rizon Brand Expands US Dealership Network

Daimler Truck announced Nov. 24 that its Rizon brand has expanded its sales network into Arizona, Washington, New York and New Jersey through new dealership partnerships.

November 25, 2025
BusinessEquipment

Mack Delivers First Pioneer Semis to Fleet Owners in the US

The tractor was unveiled as the brand’s new flagship on-highway tractor in April in Brooklyn, N.Y., near where the company was founded 125 years earlier by Jack and Gus Mack.

November 25, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Trump, Xi May Hold 4 Meetings in 2026

Treasury Secretary Scott Bessent’s comments come after Trump and Xi spoke on Nov. 24, their first conversation since the two leaders met in Busan, South Korea, in October.

November 25, 2025