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

60 Seconds: CVSA to Begin English Proficiency Tests for Truck Drivers on June 25

Commercial Vehicle Safety Alliance inspectors on June 25 will begin issuing out-of-service violations for truckers unable to pass roadside tests for communicating in English and understanding road signs.    

June 16, 2025
GovernmentBusinessTechnologyLogistics

DAT, OTR Legal Dispute Heads to June 17 Emergency Hearing

OTR alleges DAT’s acquisition of Seattle-based Outgo and subsequent actions breach binding agreements between the erstwhile partners and are causing harm to OTR’s business.

June 16, 2025
GovernmentBusinessTechnologyEquipmentAutonomous

Air Taxi Firm Archer Sees More Defense Demand in Short Term

Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.

June 16, 2025
GovernmentBusiness

G7 Summit Opens in Canada With a Focus on Trade

As the G7 summit begins in Canada, the U.S. has hit several nations with tariffs, there is little progress in settling wars in Ukraine and Gaza, and a new conflict involves Israel and Iran.

June 16, 2025
GovernmentBusinessEquipmentTCA

Truck Parts Distributor Transaxle to Shut Down

Truck parts distributor Transaxle with facilities in 11 states is closing after an unsuccessful attempt to sell the company.

June 16, 2025
BusinessTechnologyEquipment

Eaton Agrees to Buy Defense Group Ultra PCS for $1.6 Billion

Eaton agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent for $1.55 billion.

June 16, 2025
GovernmentBusinessSafetyFuelLogistics

Oil Shippers Pause Offers of Vessels to Middle East

Some oil tanker owners and managers have paused offering their vessels for Middle Eastern routes since June 13 as they assess the risks from Israel’s conflict with Iran.

June 16, 2025
GovernmentBusiness

Nippon Wins Conditional Approval to Buy US Steel

Nippon Steel won conditional U.S. approval for its $14.1 billion purchase of U.S. Steel, capping a lengthy saga in a tie-up that will create one of the world’s largest steel companies.

June 16, 2025
GovernmentBusinessSafetyFuelLogistics

Israel-Iran Clash Revives $100-a-Barrel Oil Fears

The barrage of headlines has revived memories of the political upheavals and price spikes of the 1970s — and yet even when oil prices have jumped, it inevitably proved short-lived.

June 13, 2025
GovernmentBusinessTechnologyLogistics

Port of Los Angeles Imports Sink 19% Amid Trump Tariffs

The drop in port activity came as importers and retailers — especially those with business in China — grappled with the uncertainty of Trump’s trade war.

June 13, 2025