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, Safety

Alleged Triggerman in Murder Tied to Staged Accidents Scheme

Investigators identified the alleged triggerman in the murder of an informant who was involved in a conspiracy to cover up a New Orleans-area scheme to stage crashes with tractor-trailers.

January 28, 2025
Business, Equipment

Montero to Replace Skoog as Top Executive at Peterbilt

Jake Montero will become the top executive at Peterbilt, replacing Jason Skoog, who had held the general manager position since March 2018.

January 28, 2025
Business, Technology, Logistics

Uber Tests Price Lock Pass to Rival Lyft

Price-guarantee plans represent a potential new source of revenue for Uber, which said recently that a slowdown in U.S. rideshare bookings has been weighing on its core mobility unit.

January 28, 2025
Business, Technology, Equipment, Safety

Paccar Q4 Profit Falls but Leaders Predict Better 2025

The Bellevue, Wash.-based truck maker posted a profit of $872 million or $1.66 per diluted share in the fourth quarter of 2024, down 38.5% compared with $1.42 billion, $2.70, in 2023.

January 28, 2025
Government, Business

Update: State Trucking Groups Tout CARB Retreat, Continue Fight

State trucking associations are advocating for more feasible and cost-effective solutions in response to the implementation of the Advanced Clean Trucks regulation.   

January 28, 2025
Government, Business, Logistics

Freeland: Canada Can Work With Trump to Challenge China

The Canadian candidate for prime minister said she believes Trump is smart and is threatening to impose tariffs on allies in part to pave the way for tougher policies on China.

January 28, 2025
Government, Business, Equipment

Task Force Critical of Truck Lease-Purchase Deals

A truck leasing task force that studied the prevalence of predatory practices in truck lease-purchase agreements determined that truck drivers often fall prey to unscrupulous actors.

January 28, 2025
Government, Business, Equipment

US Steel Investor Pentwater Opposes Ancora’s Proxy Proposal

Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to shake up the board of the American steelmaker.

January 28, 2025
Business, Technology, Equipment

Continental Sees Tough Climate in Auto Unit’s Spinoff Year

Continental AG said its automotive unit will struggle to increase sales this year as the German supplier pushes ahead with plans to spin off the ailing division despite the car industry downturn.

January 28, 2025
Government, Business, Technology, Equipment, Safety, Logistics

Senate Confirms Sean Duffy for DOT Secretary

WASHINGTON — Former congressman Sean Duffy was confirmed by a vote of 77-22.

January 28, 2025