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.

BusinessTechnologyFuel

Exxon Buys Kentucky Battery Factory to Expand Energy Storage

The Texas oil giant is making several forays into low-carbon energy even as it expands fossil fuel production faster than its rivals.

September 9, 2025
GovernmentBusinessEquipmentSafety

Dual Efforts Steer Arizona Crackdown on Lawsuit Financing

The legislation is particularly significant for Arizona's trucking industry, which faces an increasing number of lawsuits often backed by third-party funding.

September 9, 2025
GovernmentBusiness

New Data Shows Much Weaker Job Market in 2024, This Year

The Labor Department reported Sept. 9 that employers added 911,000 fewer jobs than originally reported from April 2024 through March.

September 9, 2025
GovernmentBusiness

Small-Business Optimism Edges Higher on Better Sales Outlook

The National Federation of Independent Business optimism index advanced 0.5 point to 100.8, the highest level since January.

September 9, 2025
BusinessTechnologyEquipment

VinFast Plans US Plant in 2028 as It Seeks Equity Backers

VinFast, which announced last year it was delaying a North Carolina EV factory until 2028, is “pushing forward” with a plan to open the plant at that time.

September 9, 2025
GovernmentBusinessTechnologyEquipmentSafety

Attorney: Detained Korean Hyundai Workers Were in US Legally

A lawyer for several workers detained at a Hyundai factory says many of those rounded up in the immigration raid are engineers and equipment installers brought in for specialized work.

September 9, 2025
GovernmentBusiness

US Farm Trade Deficit Widens to New Record as Imports Surge

The U.S. agricultural trade deficit widened further in July, highlighting the challenge facing President Donald Trump as he vows to reverse the trend.

September 9, 2025
GovernmentBusinessLogistics

US Firm Agrees to $500M Investment in Pakistan for Minerals

A U.S. metals company signed a $500 million investment deal with Pakistan on Sept. 8.

September 8, 2025
BusinessTechnologyEquipmentSafetyAutonomous

MicroVision Taps New CEO, Unveils MOVIA-S Lidar Sensor

Glen De Vos says the next-generation sensors are scheduled for launch in 2028 with a price of $200-$300, making them more accessible for mass adoption.

September 8, 2025
GovernmentBusinessLogistics

Canada Diverts Aluminum Exports to Europe as US Tariffs Bite

Aluminum producers in Quebec are diverting more of the metal used to make cans and car parts to Europe as rising U.S. tariffs make their shipments more expensive for American customers.

September 8, 2025