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, Technology, Logistics

OpenStore Invests $5 Million in Kansas City Fulfillment Hub

OpenStore, which manages more than 100,000 stock-keeping units and serves more than 2 million customers, plans to launch operations at the 113,000-square-foot facility in March 2025.

December 23, 2024
Business, Logistics

Trucking Slowly Climbs Toward the Up Cycle in 2025

The trucking industry is expected to slowly improve next year even as market headwinds and uncertainty leave many unknowns heading into 2025.

December 23, 2024
Government, Business

Louisiana Supports Free CDL Training for 20 Black Men

South Louisiana Community College is partnering with a state agency and the governor’s office to launch a CDL training program to open truck driving career paths for Black men.

December 23, 2024
Business, Logistics, For-Hire, Top 100

FedEx Freight Spinoff Draws Positive Analyst Reactions

Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.

December 23, 2024
Government, Business

NYC Congestion Pricing Plan Survives Legal Challenge

New York’s controversial congestion pricing project cleared a pair of hurdles as two federal judges declined to put the traffic plan on hold just weeks before it is scheduled to begin.

December 23, 2024
Business, Logistics

US Ports Post More Year-Over-Year Increases for November

The Port of Long Beach achieved its busiest November ever by increasing to 884,154 containers from 731,033 last year. This surpasses the previous record for the month set in November 2020.

December 23, 2024
Government, Business, Safety

NHTSA Closes Investigation Into Ford Focus Recalls

Government safety regulators said Dec. 23 they have closed an investigation into two previous recalls of the Ford Focus after determining that Ford Motor Co. has satisfied its concerns.

December 23, 2024
Government, Business, Safety, Logistics, TCA

Pennsylvania Provides $55M to Boost Freight Rail Projects

HARRISBURG, Pa. — Thirty rail freight improvement projects are slated to share $55 million as part of efforts by Gov. Josh Shapiro’s administration to boost infrastructure and economic growth.

December 23, 2024
Government, Business, Technology, TCA

Texas Instruments Gets $1.6 Billion for Semiconductors

Texas Instruments announced a tranche of federal CHIPS and Science Act funding worth up to $1.6 billion, a show of support for a booming semiconductor manufacturing industry in North Texas.

December 23, 2024
Business, Technology, Equipment

Nissan and Honda Drive Toward Merger

TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales.

December 23, 2024