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.

BusinessPrivate

Lowe’s to Buy Foundation Building Materials for $8.8 Billion

Lowe's and rival ºÚÁϳԹÏÍø Depot have intensified their focus on professional builders.

August 20, 2025
BusinessTechnologyFuel

Chevron to Merge Hess Exploration Team After $53B Deal

Chevron is cutting about 650 Hess jobs after completing its $53 billion takeover last month, but exploration is one area likely to be spared.

August 19, 2025
GovernmentBusinessLogistics

Virginia Wins 2 New Logistics Investments

Virginia has secured two new logistics investments, with a North Carolina-based e-commerce fulfillment company establishing a $10 million hub in Pittsylvania County and a wholesale distributor expanding in Norfolk.

August 19, 2025
GovernmentBusinessLogistics

Lutnick Says Rail Mergers Could Improve Freight Flow

U.S. rules require rail mergers to show that a deal would serve the public interest and enhance competition, a step beyond merger requirements applied to other industries.

August 19, 2025
BusinessEquipment

Gabrielli Truck Sales Buys Coopersburg and Liberty Kenworth

Gabrielli Truck Sales acquired Coopersburg and Liberty Kenworth, extending its dealership network into Pennsylvania’s Lehigh Valley and South Jersey, the company announced in August.

August 19, 2025
GovernmentBusinessTechnologyEquipmentFuel

CARB Crafts New Auto Pollution Rules After Trump Attacks

The California Air Resources Board and five other agencies recommended the state backfill the $7,500 federal tax credit for electric vehicles that is set to expire in late September.

August 19, 2025
GovernmentBusiness

US Copper Firms Hike Prices Even After Trump Tariff Reprieve

Southwire and Cerro Wire announced price increases of 5% across a range of copper wire products.

August 19, 2025
GovernmentBusinessTechnologyEquipment

Ford Seeks to Sell Excess Battery Supply in Weak EV Market

The plant, which officially began production Aug. 19, was originally intended to support Ford’s own EV business.

August 19, 2025
BusinessPrivate

ºÚÁϳԹÏÍø Depot’s Sales Improve as Customers Choose Small Projects

Sales at stores open at least a year, a key indicator of a retailer’s health, rose 1%. In the U.S., comparable store sales increased 1.4%.

August 19, 2025
BusinessSafetyLogistics

Lack of Truck Parking Costs $100B a Year, Report Finds

Insufficient truck parking is resulting in $100 billion yearly in lost productivity, according to a new report issued by the Truck Parking Club.

August 19, 2025