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.

GovernmentBusiness

UK Still in Talks With Trump Team Over Steel, Whiskey Levies

The U.S. imposed a 25% tariff on British steel and 10% on the spirit 鈥 levies that remain in place despite the U.K. being the first country to reach a trade agreement with Trump.

November 4, 2025
GovernmentBusinessLogisticsPrivate

Meatpacker JBS to Pay $1.1 Million to Settle N.Y. Climate Suit

The state alleged JBS misled the public about reducing the impact of its operations on the environment. JBS said the settlement 鈥渄oes not reflect an admission of wrongdoing.鈥

November 4, 2025
GovernmentBusinessTechnologyEquipmentFuel

Truck OEMs Score Win Over CARB in Clean Trucks Lawsuit

Daimler Truck North America, Paccar, Volvo Group North America and International Motors argued that the CTP violates the Clean Air Act and the Supremacy Clause of the U.S. Constitution.

November 4, 2025
BusinessTechnologyPrivate

Uber Misses Estimates Even as Rideshare, Delivery Trips Soar

Operating income for the three months ended Sept. 30 came in at $1.11 billion, the company said in a statement Nov. 4. Analysts were expecting $1.62 billion.

November 4, 2025
GovernmentBusinessTechnologyEquipmentSafety

Stellantis Recalls 320,000 Hybrid Jeeps in US on Fire Risk

High-voltage battery packs in Jeep Wrangler and Grand Cherokee models may have been built with cells susceptible to separator damage, according to a聽notice聽posted to NHTSA鈥檚 website.

November 4, 2025
BusinessFuel

Saudi Aramco Beats Expectations With $26.9 Billion Profit

Aramco's results serve as a bellwether for the wider oil industry, which is still digesting聽the OPEC+ decision to halt planned production increases in Q1 of next year over supply worries.

November 4, 2025
BusinessFuel

BP Profit Signals Turnaround Is Gathering Pace

The British energy giant posted adjusted third-quarter net income of $2.21 billion, higher than the average analyst estimate of $1.98 billion. Its quarterly share buyback plan was maintained.

November 4, 2025
GovernmentBusinessEquipment

First Brands Sues Founder Over $700M in 'Pilfered' Funds

Lawyers for the company 鈥 now run by restructuring consultants 鈥 alleged that Patrick James borrowed funds on fraudulent terms, only then to 鈥渞outinely and regularly鈥 divert cash for himself.

November 4, 2025
GovernmentBusinessTechnologyAutonomous

WeRide Poised to Raise $308 Million in Hong Kong Listing

WeRide is set to raise HK$2.39 billion ($308 million) from its Hong Kong share sale, according to people familiar with the matter.

November 4, 2025
BusinessTechnologyFuelLogistics

Electric Plane Maker Beta Raises $1 Billion in IPO

Investors are warming to Beta Technologies' initial public offering as the electric aircraft developer and its peers look to distance themselves from unhappy associations with the 2021 blank-check company boom and bust.

November 3, 2025