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.

Business, Equipment, Logistics, Private, Top 100

Cemex CEO Fernando González to Step Down After 30 Years

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

February 10, 2025
Government, Business, Equipment

China’s 10% Tariff on US Cars Hits GM, Ford SUVs

China’s 10% additional tariff on vehicles with engines  larger than 2.5 liters imported from the U.S. took effect Feb. 10.

February 10, 2025
Business, Technology

Hyzon CEO Meeks Exits; Ex-Daimler Truck Executive Takes Over

Parker Meeks stepped down as CEO at hydrogen fuel cell electric truck maker Hyzon. He was appointed to the post  permanently in April 2023 after holding the role in an interim capacity.

February 10, 2025
Business, Technology, Autonomous

Lyft to Launch Mobileye Robotaxis in Dallas as Soon as 2026

Lyft will launch driverless rides with technology vendor and Intel spinoff Mobileye Global in Dallas as soon as 2026, building on a partnership that was first announced last November.

February 10, 2025
Government, Business, Technology, Equipment, Fuel

A Timeline of US-China Retaliatory Tariffs

TAIPEI, Taiwan — China’s tit-for-tat duties on U.S. imports took effect Feb. 10, hours after President Donald Trump announced that he wants to slap new duties on all steel and aluminum imports.

February 10, 2025
Business, Logistics, For-Hire, Top 100

Heartland Express Targets Major Operating Ratio Improvement

The Iowa-based company posted a loss in the fourth quarter of 2024 as the ongoing integration of two acquisitions alongside the industrywide freight recession weighed heavily on its OR.

February 10, 2025
Business, Technology, Equipment, Logistics, Private, Global Freight

Rivian Broadens Sales of Van Once Exclusive to Amazon

Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.

February 10, 2025
Government, Business, Equipment

Trump Says He Will Announce 25% Steel, Aluminum Tariffs

WASHINGTON — President Donald Trump said he will announce Feb. 10 that the U.S. will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico.

February 10, 2025
Government, Business

Trump Says Nippon Steel May Invest in US Steel

 President Donald Trump indicated Nippon Steel is considering investing in United States Steel instead of an outright purchase.

February 7, 2025
Government, Business, Technology, Safety

EPA’s Zeldin Announces New Focus to Boost AI, US Automaking

New EPA Administrator Lee Zeldin is spearheading a five-point initiative that protects the environment and promotes industrial energy, including for AI data centers.

February 7, 2025