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.

BusinessFuel

Lucid Reports Disappointing Q3 Results

Lucid Group posted a worse-than-expected third-quarter loss as it grapples with sluggish production of its Gravity SUV and a challenging trade environment.

November 5, 2025
GovernmentBusinessEquipmentSafetyLogisticsFor-HireGlobal Freight

Search Continues for Victims of UPS Cargo Jet Crash

First responders were searching for more victims Nov. 5 after a聽UPS cargo plane crashed and exploded聽in a fireball at the company鈥檚 global aviation hub in Kentucky, killing at least 12 people.

November 5, 2025
BusinessTechnologyFuelLogistics

Joby's Blade to Provide 12-Minute Trips From Suburbs to NYC

Traffic鈥檚 back, train delays are all too common and city politics have been boiling over. A new commuter helicopter route is aimed at offering New Yorkers a quick escape hatch.

November 5, 2025
BusinessSafetyLogisticsFor-HireGlobal FreightTop 100

Shipping Delays Expected After UPS Cargo Jet Crash

The聽UPS cargo plane crash聽on Nov. 4 at the company鈥檚 global aviation hub in Kentucky, which killed at least 12, will temporarily disrupt the supply chain and result in some shipping delays.

November 5, 2025
BusinessLogistics

GXO Reports Topline Growth as New CEO Kelleher Settles In

GXO Logistics reported revenue and earnings growth during the third quarter, its first under the leadership of new CEO Patrick Kelleher, the company reported Nov. 5.

November 5, 2025
GovernmentBusiness

Key Supreme Court Justices Question Trump鈥檚 Global Tariffs

A decision against Trump could force more than $100 billion in refunds and remove a major burden on the U.S. importers that are paying the tariffs.

November 5, 2025
GovernmentBusiness

US Companies Added 42,000 Jobs in October, ADP Data Shows

While helping to temper concerns of a faster deterioration in the job market, the modest payrolls increase last month is consistent with a general softening in labor demand.

November 5, 2025
BusinessFor-HireGlobal Freight

XPO Reports Q3 Revenue Jumps to $2 Billion

The Greenwich, Conn.-based LTL carrier reported net income of $82 million for the three months ending Sept. 30. That compared with $95 million the previous year.聽

November 5, 2025
GovernmentBusinessEquipmentSafetyLogistics

California Disputes FMCSA on Non-Domiciled CDL Compliance

DOT Secretary Sean Duffy has accused California of having the most 鈥渆gregious鈥 licensing situation of any state, with 25% of its non-domiciled CDLs in violation of federal rules.

November 5, 2025
GovernmentBusiness

China to Remove Retaliatory Tariffs on Some US Farm Products

The country鈥檚 Finance Ministry confirmed it would end tariffs imposed March 4 on soybeans and other U.S. agricultural products including corn, wheat, sorghum and chicken, effective Nov. 10.

November 5, 2025