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.

BusinessTechnologyEquipmentSafetyFuel

Kenworth Expands Powertrain Options for T680, T880, W990

The truck maker will make powertrains with the Paccar TX-12 PRO automated transmission and Paccar MX-13 engine combination available to T680, T880 and W990 customers.

May 30, 2025
BusinessLogistics

Virginia Wins $366M Distribution Center in Lego's US Expansion

Virginia has landed a $366 million deal with The Lego Group to build a 2 million-square-foot warehouse and distribution center near Richmond.

May 30, 2025
BusinessTechnologyEquipment

Rivian Eyes New Debt Deal

JPMorgan is leading a potential high-yield bond sale for EV manufacturer Rivian Automotive, partly to refinance its upcoming debt, according to people familiar with the transaction.

May 30, 2025
GovernmentBusinessEquipmentTCA

Volkswagen to Offer Investments to US to Ward off Tariffs

Volkswagen is offering to make large-scale investments in the United States to ward off high tariffs on its imported vehicles, according to chief executive Oliver Blume.

May 30, 2025
GovernmentBusinessPrivate

Oreo Maker Mondelez Sues Aldi Over Packaging

Snack food maker Mondelez is suing the Aldi supermarket chain, alleging the packaging for Aldi鈥檚 store-brand cookies and crackers 鈥渂latantly copies鈥 Mondelez products such as Oreos.

May 30, 2025
GovernmentBusiness

Details Scarce on Nippon-US Steel Deal

President Donald Trump is holding a rally in Pennsylvania on May 30 to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in U.S. Steel.

May 30, 2025
GovernmentBusiness

Trump Says China Violated Its Trade Agreement With US

President Donald Trump said he expected to speak to Chinese President Xi Jinping after accusing China of violating an agreement with the U.S. to ease tariffs.

May 30, 2025
GovernmentBusiness

Key Inflation Gauge Cools in April

A key U.S. inflation gauge slowed last month as President Donald Trump鈥檚 tariffs have yet to noticeably push up prices, while American incomes jumped.

May 30, 2025
GovernmentBusinessLogistics

Tariff Truce Has Kept China-US Trade Flowing Across the Pacific

The ceasefire in the tariff fight between the United States and China is encouraging trade across the Pacific, holding up freight prices three weeks on, even as container bookings have slowed.

May 30, 2025
GovernmentBusinessEquipmentFuel

Ford Says Michigan Battery Plant at Risk if Tax Credits Cut

Ford's plan to make electric vehicle batteries at a new site in Michigan would be put at risk if Congress cuts federal incentives for clean energy, the company鈥檚 chair said.

May 29, 2025