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, Logistics, For-Hire

Truckload Rate Outlook for 2025 Softens, Remains Positive

FTR expects contract truckload rates to increase 2.2% on a full-year basis in 2025, adding that by the end of 2025, contract rates will be rising 5% year on year.

January 15, 2025
Government, Business, Technology

Duffy Vows to Not Protect Musk in NHTSA Probe of Tesla

Sean Duffy, President-elect Donald Trumps nominee to lead USDOT, promised to not interfere with ongoing NHTSA investigations into Tesla if confirmed as secretary.

January 15, 2025
Government, Business, Technology

Trade Wars May Slow Battery Price Plunge

Battery prices are set to fall for a third straight year though not nearly as much as in the past, due to rising trade tensions and metals prices, according to analysts at BloombergNEF.

January 15, 2025
Business, Equipment

December Medium-Duty Sales Continued to Trend Below 2023

U.S. retail sales of medium-duty trucks declined year-over-year despite a sequential increase in December, according to data from Wards Intelligence.

January 15, 2025
Government, Business, Fuel

OPEC Sees Steady Oil Demand Growth in First Look at 2026

OPEC forecast another year of steady oil demand growth, driven by India and China, in its first detailed assessment of 2026.

January 15, 2025
Government, Business, Technology, Equipment, Fuel, Autonomous

McKinsey Looks Toward Tech-Driven Future for Trucking

LAS VEGAS McKinsey & Co. shared its expectations of a more technological, integrated and cleaner truck market during CES 2025.

January 15, 2025
Government, Business, Technology, Safety

NHTSA Closes Safety Investigation of Cruise Robotaxis

NHTSA ended a federal investigation into Cruise robotaxis without taking action, weeks after General Motors Co. decided to shutter the struggling business.

January 15, 2025
Government, Business, Technology, Fuel

Retailers Helped Fuel an EV Charging Station Blitz

U.S. electric vehicles got a record 766 new high-speed charging stations to plug into in the fourth quarter, with the uptick being driven by retailers.

January 15, 2025
Government, Business, Technology

Energy Nominee Wright Vows to Unleash Expansion

Chris Wright, Donald Trumps choice for Energy secretary, said the U.S. must remove bureaucratic barriers and unleash production of nuclear power as well as liquefied natural gas.

January 15, 2025
Government, Business, Technology

CHIPS Act Will Ramp Up Production, but Report Cites Costs

WASHINGTON The 2022 CHIPS and Science Act will sharply increase production of semiconductors in the United States. But it will do so at a high cost, concludes a report.

January 15, 2025