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.

Business, Equipment, For-Hire, Top 100

Trimac Buys Flatbed Specialist Watt & Stewart

Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.

January 27, 2025
Government, Business, Technology

Arizona Selected for Third CHIPS for America Facility

The U.S. Department of Commerce announced Jan. 6 that Arizona has been selected for the third of three CHIPS for America research and development flagship facilities.

January 27, 2025
Government, Business, Logistics

Canadas Freeland Urges Nations to Unite Against US Tariffs

A candidate running to replace Justin Trudeau as Canadas prime minister is calling for an international summit to develop a response to President Donald Trumps economic threats.

January 27, 2025
Government, Business, Equipment

Ancora-Backed CEO Candidate Proposes US Steel Overhaul

I want to have a stake in something that Im going to be involved in, Alan Kestenbaum said Jan. 27 in an interview. If I get the chance to run the show, Ill invest in myself.

January 27, 2025
Business, Technology, Logistics, For-Hire, Top 100

Covenant Logistics Q4 Profit Slides on Helene, Higher Costs

Covenant reported a profit of $6.7 million or earnings per diluted share of 24 cents in Q4, just over half the $12.8 million or 47 cents per diluted share profit posted in Q4 2023.

January 27, 2025
Government, Business, Logistics

EPA Awards $1M to Future Louisiana International Terminal

The U.S. EPA awarded the Port of New Orleans $1 million to pay for a sustainability plan to assist with building the multimodal Louisiana International Terminal container facility.

January 27, 2025
Business, Equipment, For-Hire

Bay and Bay Expands Flatbed Operations

Minnesota carrier aims to meet the growing needs of existing shippers, particularly in industries requiring transportation of construction materials, machinery and equipment.

January 27, 2025
Government, Business, Fuel

Oil Traders Expect OPEC+ to Stick With Supply Plan Next Week

Oil traders expect OPEC+ to stick with its current supply policy at a review meeting next week, resisting pressure from President Donald Trump to open the taps and bring down crude prices.

January 27, 2025
Government, Business, Technology, Equipment, Safety, TCA

Kia Recalls 80,000 Vehicles Over Air Bag Issue

Kia America Inc. has announced a recall of more than 80,000 Kia vehicles due to improper floor wiring that may impact the vehicles air bag deployment.

January 27, 2025
Business, Equipment

Nissan Plans Cuts Without Resorting to Plant Closures

Nissan plans to repair its flailing business without closing factories, according to people familiar with the matter, as it looks to streamline its finances before a capital tie-up with Honda.

January 27, 2025