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, Logistics

States Sue Trump Over Tariffs Imposed Without Congress

The suit argues that Congress didn’t grant Trump the necessary authority to impose the tariffs and national trade policy “now hinges on the president’s whims."

April 23, 2025
Business, Technology, Equipment, Fuel

Volvo’s US Job Cuts to Total 1,000 VTNA, Mack Employees

CEO Martin Lundstedt dropped the bombshell in the final moments of the truck and bus maker’s first quarter of 2025 earnings call, revealing an additional 200 or so jobs would be cut.

April 23, 2025
Business, Logistics, For-Hire, Top 100

Old Dominion Freight Line Q1 Profit Falls 12.9%; OR Weakens

Profit at Old Dominion Freight Line fell in the first quarter of 2025 and executives say growing optimism for upcoming quarters has been squelched by macroeconomic uncertainty.

April 23, 2025
Government, Business, Logistics

Trump Hasn’t Offered Unilateral Tariff Cuts on China

Treasury Secretary Scott Bessent said that the Trump administration is looking at multiple factors regarding China beyond just tariffs — including non-tariff barriers.

April 23, 2025
Business, Technology, Logistics

Motive Targets Spreadsheet Pain With New Data Tool

Motive Analytics is an integrated data analysis tool that provides fleets with real-time responses and reports. It’s designed to be accessible to people regardless of their expertise.

April 23, 2025
Business, Equipment

Trailer Orders in March Surge 63% From Previous Year

U.S. trailer orders in March broke from the pattern of year-over-year declines to surge 63% from the previous year, ACT Research reported.

April 23, 2025
Government, Business, Equipment, Safety

CVSA International Roadcheck Event Set for May 13-15

During the three-day event, which takes place across Canada, Mexico and the United States, law enforcement personnel will conduct inspections of commercial motor vehicles and drivers.

April 23, 2025
Government, Business, Technology, Safety

States Adopt Streamlined Medical Certification Rule Early

Wisconsin, Rhode Island and Missouri are early adopters of a new online process to streamline the handling of Medical Examiner’s Certification for commercial vehicle drivers.

April 23, 2025
Government, Business

Trump Floats ‘Substantial’ China Tariff Cuts in Trade Deal

President Donald Trump said he plans to be “very nice” to China in any trade talks and that tariffs will drop if the countries can reach a deal, a sign he may be backing down from his tough stance.

April 23, 2025
Government, Business, Logistics

Norfolk Southern Profit Increases in Q1

Norfolk Southern’s quarterly profits were again inflated by insurance payments related to its disastrous 2023 derailment in Ohio, but even without that, the railroad’s profits grew.

April 23, 2025