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, Technology, Equipment, Fuel

Kenworth Delays Start of Hydrogen Fuel Cell T680 Production

Serial production of Kenworth Truck Co.'s hydrogen fuel cell electric T680 tractors will not begin in 2025 as previously announced, according to a senior executive.

April 11, 2025
Government, Business, Equipment

Mexico Aims to Raise Auto Tariff Exemptions

Mexico wants a greater proportion of each auto built in the country to qualify for U.S. origin status, a move that would lower the impact of President Donald Trump’s tariff policies.

April 11, 2025
Business, Safety, Logistics

TIA Targets Freight Fraud ‘Crisis’

Fighting back against rampant fraud in the freight transportation industry was the prevailing theme at the Transportation Intermediaries Association's Capital Ideas Conference.

April 11, 2025
Government, Business, Fuel, Logistics

IMO Approves Landmark GHG Tax

Members of the International Maritime Organization — with the United States noticeably absent — agreed on the first global tax on greenhouse gas emissions.

April 11, 2025
Government, Business, Safety, Fuel

Cleanup of Keystone Pipeline Spill Underway in North Dakota

Workers have recovered thousands of gallons of crude oil from an underground pipeline spill on North Dakota farmland, but it remains unclear when oil will again start flowing to refineries.

April 11, 2025
Government, Business

China Raises Tariffs on American Goods From 84% to 125%

China announced April 11 that it will raise tariffs on U.S. goods from 84% to 125%, the latest salvo in an escalating trade war between the world’s two largest economies that has rattled markets.

April 11, 2025
Business, Equipment, Breaking News

Class 8 Truck Sales Climb From February, Still Lag 2024

U.S. Class 8 sales continued to trend below year-ago levels but posted a sequential gain in March, according to data from Wards Intelligence.

April 11, 2025
Government, Business, Technology, Equipment

Lucid to Take Over Nikola’s Arizona Electric Truck Plant, HQ

Court documents show Lucid will pay $30 million for the 691,000-square-foot retooled manufacturing plant and offices after multiple auction rounds.

April 11, 2025
Government, Business, Technology, Fuel

Texas Is Becoming the Epicenter of US Battery Expansion

The Lone Star State may be the heart of America’s oil and gas map, but it’s quickly becoming the biggest installer of a technology key for renewables development: battery storage.

April 11, 2025
Government, Business, Equipment, Logistics

US Steel Falls After Trump Rejects Nippon Deal Again

U.S. Steel shares dropped after President Donald Trump on consecutive days reiterated his long-held position that he doesn’t want to see the steelmaker owned by a Japanese company.

April 10, 2025