Shipments are expected to surpass 4 million barrels a day in August and September, reaching levels not seen since the start of the year, according to some market participants.
August 20, 2025Trucking 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.
Inflation Fears Still Dominate Fed Debate Over Tariff Impact
Officials acknowledged worries over higher inflation and weaker employment, but “a majority of participants judged the upside risk to inflation as the greater of these two risks."
August 20, 2025JFK Airport Expands Truck Parking to 150 Spaces
Officials said the expansion will help manage growth in cargo operations at JFK, where volume reached 1.67 million tons in 2024 — a 25% increase since 2019.
August 20, 2025Trump Tariffs Spur Manufacturing Boom in Puerto Rico
President Donald Trump’s “America First” tariff policies are boosting manufacturing in Puerto Rico, an island he has both attacked and claimed to help more than any other U.S. leader.
August 20, 2025Target COO Michael Fiddelke to Become CEO Feb. 1
Michael Fiddelke succeeds Brian Cornell, who helped re-energize the company when he took the helm in 2014 but has struggled to turn around weak sales in a more competitive retail landscape.
August 20, 2025Medium-Duty Truck Sales Drop 17% in July
U.S. medium-duty truck sales fell 17.3% year over year in July, according to data from Wards Intelligence, continuing a trend of not meeting previous-year levels.
August 20, 2025DOT Investigating Fatal Crash Involving Undocumented Driver
An undocumented truck driver who obtained CDLs from two states was involved in a Florida crash that killed three people, prompting a federal investigation.
August 20, 2025Honda Taps US Startup in Self-Driving Software Deal
Honda and Helm.ai will collaborate on producing advanced driver assistance systems for Honda’s vehicles by 2027.
August 20, 2025Trump Raises Stakes Over Copper Project With CEOs
Rio Tinto Group and BHP Group leaders met with Trump to discuss the Resolution project in Arizona.
August 20, 2025EPA Nears Key Decision on Biofuel Waivers for Oil Refiners
EPA could rule as soon as this week on dozens of pending petitions from small oil refineries seeking exemptions from ethanol- and biodiesel-blending obligations from recent years.
August 20, 2025Trending
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