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.

Government, Business

US Steel Deal With Nippon Seen Closing by Merger Deadline

Nippon Steel and United States Steel are on pace to finalize their $14.1 billion combination with President Donald Trump’s administration ahead of a deal deadline later this month.

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

Cargo Theft Gets More Sophisticated, Experts Warn

The trucking industry continues to confront an evolving cargo theft landscape, with experts signaling the spread of more sophisticated operations during the first quarter.

June 5, 2025
Business, Equipment, Logistics, For-Hire

United Road CEO Kraft’s Adventure Continues at ϳԹ

“As opportunities arose … I was there to help and solve problems, and that led to where I am today,” Ryan Kraft said. He replaces Mark Anderson as United Road CEO.

June 5, 2025
Government, Business, Logistics

EU Launches Tool to Monitor Trade Diversion From Tariffs

The European Commission has launched a surveillance tool to monitor any trade diversion resulting from U.S. tariffs, as initial results revealed a surge of imports in many goods.

June 5, 2025
Business, Technology, Equipment, Logistics

Truck Orders See Surprise Sequential Rise, Still Trail 2024

North American Class 8 truck orders continued to trend below the previous year but did see a surprise sequential improvement during May, according to ACT Research.

June 5, 2025
Business, Equipment

Used Truck Sales Increase for Second Straight Month in April

Used Class 8 truck sales increased on a year-over-year basis in April, while prices once again declined, with market conditions continuing to be slower, ACT Research reported.

June 5, 2025
Government, Business

Trump Says US and China Will Resume Trade Talks

President Donald Trump said his conversation with Chinese leader Xi Jinping had a “very positive conclusion” on June 5, announcing that the two countries will hold trade talks.

June 5, 2025
Business, Private

Procter & Gamble to Cut Up to 7,000 Jobs

Procter & Gamble will cut up to 7,000 jobs over the next two years as the maker of Tide and Pampers wrestles with tariff-related costs and customers who have grown anxious about the economy.

June 5, 2025
Business, Technology, Equipment

Ram Brings Back Hemi V8 Engine in Bid to Reclaim Lost Sales

Ram is putting the Hemi V8 engine back in its light-duty pickup trucks, part of a blitz of changes from brand head Tim Kuniskis to claw back lost share in the hyper-competitive truck market.

June 5, 2025
Government, Business, Logistics

US Trade Deficit Narrows by Most on Record as Imports Plunge

The U.S. trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies.

June 5, 2025