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.

BusinessSafetyFuel

Chevron Refinery Fire Near Los Angeles Extinguished

Chevron Corp.’s El Segundo refinery in Los Angeles County has extinguished a fire that broke out the night of Oct. 2 and shut multiple units.

October 3, 2025
GovernmentBusinessTechnologyEquipmentSafety

Volvo Spots Down Cycle Opportunities Amid VNL Launch

Volvo Trucks North America believes its recently redesigned VNL over-the-road model includes features that can help customers navigate the industry’s challenging market dynamics.

October 3, 2025
GovernmentBusiness

Lack of Jobs Data Muddies View of Hiring, Economy

It’s the first time since a government shutdown in 2013 that the jobs report has been delayed.

October 3, 2025
BusinessLogistics

Mario Cordero to Retire as Long Beach Port CEO at Year’s End

Mario Cordero, who has served as CEO since May 2017 and oversees about 600 workers, has guided  one of the busiest seaports in the nation through an era of record-breaking container volume.

October 3, 2025
GovernmentBusinessFor-Hire

Jim Ward to Step Down as TCA President

Ward, who took over as president in 2022, is credited with strengthening the association’s reach, expanding its programs and increasing engagement with its members.

October 3, 2025
GovernmentBusinessTechnologyEquipmentSafety

Rivian Plans EV Door Redesign to Address Safety Concerns

Electric handle designs across the industry are in the spotlight following incidents in which people were unable to open doors due to a loss of power, trapping children or other riders inside.

October 3, 2025
BusinessEquipmentLogistics

Trimac Buys Tank Truck Carrier Service Transport Co.

The Calgary, Alberta-based bulk carrier has made four acquisitions this year, with three businesses based in the United States.

October 3, 2025
GovernmentBusinessEquipment

GM, Ford Balk at Stellantis Request for Truck Tariff Waiver

GM and Ford argue that shielding Stellantis from the tariffs would hand the company a cost advantage over U.S.-assembled trucks that contain imported parts already subject to tariffs.

October 3, 2025
GovernmentBusiness

Trump, Carney to Meet in Washington as Trade Fight Drags On

U.S. tariffs on steel, aluminum, autos and lumber — all major export industries for Canada — remain in place.

October 3, 2025
GovernmentBusinessTechnologySafetyLogisticsAutonomous

Amazon to Resume Drone Deliveries Near Phoenix After Crashes

A pair of Amazon MK30 drones hit a stationary crane on Oct. 1. The FAA and NTSB said they’re investigating the crashes.

October 3, 2025