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, Equipment

Canadian Prime Minister Calls Auto Tariffs ‘Direct Attack’

Canadian Prime Minister Mark Carney said March 26 that President Donald Trump’s auto tariffs are a “direct attack” on his country and that the trade war is hurting Americans.

March 27, 2025
Government, Business, Equipment

Most Carmakers Stand to Feel Pain From Trump's Auto Tariffs

As the fallout from President Donald Trump’s tariff plans comes into relief, a harsh truth is emerging for the automotive industry: There are lots of losers and not many winners.

March 27, 2025
Business, Logistics

Echo Global Logistics Opens Mexico City Office

Echo Global Logistics opened an office in Mexico City ahead of an expected doubling of its cross-border freight business in 2025 compared with 2024, the freight broker said.

March 26, 2025
Government, Business, Technology, Equipment, Fuel

Hyundai Showcases $7.6B Georgia EV Plant, Announces Expansion

Hyundai celebrated the opening of its new $7.6 billion EV factory in Georgia by announcing plans to expand its production capacity by two-thirds to a total of 500,000 vehicles per year.

March 26, 2025
Government, Business, Logistics, Global Freight

Dole Says Port Fees on Chinese Ships Would Hike Banana Prices

Dole says a proposal to curb China’s dominance of the maritime industry would have a big impact on bananas — and aggravate consumers already sensitive to higher prices at the grocery store.

March 26, 2025
Government, Business, Safety, Logistics

Trump Nominates Navy Veteran Brent Sadler to Lead MARAD

Sadler is a 26-year U.S. Navy veteran and former submariner. He is a senior research fellow in naval warfare and advanced technology at The Heritage Foundation.

March 26, 2025
Government, Business, Safety

ASCE Gives US Highway Conditions a D+ Grade

In its quadrennial infrastructure report card, the American Society of Civil Engineers issued a D+ grade for the country’s intricate network of roadways.

March 26, 2025
Business, Private

ADM to Cut CEO’s Bonus After Accounting Scandal Hit Shares

ADM plans to slash CEO Juan Luciano’s annual cash bonus and laid out a new policy to claw back long-term awards in a bid to “ensure accountability” more than a year after an accounting scandal.

March 26, 2025
Business, Technology

60 Seconds: BYD Unveils Battery System That Charges EV in Five Minutes

BYD Co. unveiled a new system for electric cars that the Chinese automaker says will allow them to charge almost as fast as it takes a regular car to refuel.   

March 26, 2025
Business, Logistics

US Ports See February Cargo Surge Across Coasts

The Port of Los Angeles processed 801,398 20-foot equivalent units, a 2.5% increase from the 781,434 containers in 2024. This marked the second-busiest February on record for the port.

March 26, 2025