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, Safety, Fuel, Logistics

N.C. Reopens I-40 Section Closed Since September Hurricane

A stretch of I-40 that serves as a freight route between North Carolina and Tennessee has partially reopened after a monthslong shutdown caused by storm-related damage from Hurricane Helene.

March 4, 2025
Government, Business, Logistics

Trump’s Trade Policy Sparks Worries Over Food Prices

Plans to impose duties on American agriculture imports will boost the price of fruit and vegetables as well as sugar, coffee and meat. Executives have said consumers are pinching pennies.

March 4, 2025
Government, Business, Fuel

Trump’s Oil Tariffs Set to Reshape Global Trade Flows

The world’s supply lines for cargoes of oil and fuel, which typically crisscross the globe, are about to get redrawn thanks to U.S. President Donald Trump’s sweeping tariffs.

March 4, 2025
Business

Truckworx Leader Will Bruser Named ATD Dealer of the Year

American Truck Dealers honored Truckworx Kenworth CEO Will Bruser with its 2025 Truck Dealer of the Year award at its ATD Show 2025 in New Orleans. 

March 4, 2025
Business, Fuel

Phillips 66 Board Battle Heats Up as Elliott Nominates Seven

Elliott Investment Management is heading toward a proxy battle with Phillips 66 after failing to reach an agreement with the energy group’s leadership on a path to improving performance.

March 4, 2025
Government, Business, Logistics

Tariffs Could Have Major Implications for Trucking

President Donald Trump on March 6 issued a second monthlong reprieve on a slate of 25% tariffs on Canada and Mexico, just two days after implementing the long-threatened levies.

March 4, 2025
Government, Business

BlackRock Buys Panama Canal Ports

 CK Hutchison has agreed to sell shares of its units that operate the ports near the Panama Canal to a consortium including BlackRock.

March 4, 2025
Government, Business, Equipment

Continental to Pass Along Tariff Costs to Customers

Continental AG will try to pass on the cost of tariffs imposed by President Donald Trump to its customers, according to the German parts maker’s finance chief.

March 4, 2025
Government, Business, Fuel

Aramco CEO Sees Strong Oil Demand Amid OPEC+ Output Revival

Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand consumption, said the head of Saudi Aramco.

March 4, 2025
Business, Technology, Autonomous

Uber Teams With Waymo on Robotaxi Rides in Austin, Texas

Uber will shift into a new gear in Austin, Texas, on March 4 when its ride-hailing service will begin dispatching self-driving cars to pick up passengers.

March 4, 2025