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, Fuel

US Extends Chevron’s Deadline to Wrap Up Venezuela Operation

The Trump administration extended Chevron’s deadline through May 27 to halt its operations in Venezuela, following lobbying efforts by the Texas-based oil giant.

March 24, 2025
Government, Business, Fuel

Trump: Nations That Buy Venezuelan Oil Will Face 25% Tariff

WASHINGTON — President Donald Trump said he would be placing a 25% tariff on all imports from any country that buys oil or gas from Venezuela as well as imposing new tariffs on the country itself.

March 24, 2025
Government, Business, Logistics

NYC Congestion Pricing Raises $52M Amid Trump Backlash

New York City’s congestion pricing raised about $52 million in toll revenue in February as President Donald Trump and Gov. Kathy Hochul remain in a standoff over his bid to end the program.

March 24, 2025
Government, Business, Safety, Logistics, TCA

Freight Trains to Resume Asheville Routes After Hurricane

Norfolk Southern says it expects to reopen its freight railroad line between Asheville and Tennessee by the end of March, six months after Hurricane Helene.

March 24, 2025
Government, Business, Equipment

Trump Hails Hyundai’s US Expansion as Tariff Vindication

President Donald Trump lauded plans by Hyundai to expand in the U.S., casting it as a vindication of his use of tariffs to pressure foreign manufacturers to create American jobs. 

March 24, 2025
Government, Business

Trump Plans Tariff ‘Liberation Day’ With More Targeted Push

President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say.

March 24, 2025
Business, Logistics

Yellow Agrees to Terminate California Terminal Leases

Liquidation of the real estate assets of bankrupt less-than-truckload carrier Yellow Corp. entered a new phase in recent days — termination of terminal lease agreements.

March 24, 2025
Government, Business, Logistics, Global Freight

US Levies on Chinese Ships Risk ‘Trade Apocalypse’

A proposal from the U.S. would put million-dollar levies on Chinese ships docking in the U.S. It's aimed at curbing China’s dominance of shipbuilding, logistics and maritime industry.

March 24, 2025
Government, Business

FMCSA’s Camire Removed From Website After Brief Appointment

The reason for the sudden departure has not been publicly announced. FMCSA has not issued a statement, and the Department of Transportation has not commented on the change.

March 21, 2025
Business, Logistics

Trucking Market Shows Signs of Recovery After Long Downturn

Trucking is emerging from a difficult period, and the headwinds that have plagued the industry are beginning to weaken as freight volumes improve and capacity leaves the market.

March 21, 2025