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.

GovernmentBusinessLogistics

Trade Tensions Put American Crop Exports in Jeopardy

鈥淢exico could put their own import tariffs on 鈥 that could reduce the U.S. freight advantage. It鈥檚 a matter of how fierce the trade war gets,鈥 said Pat Boova.

March 5, 2025
GovernmentBusinessTechnologyEquipmentLogistics

Trump Grants One-Month Tariff Exemption for US Automakers

President Donald Trump is granting a one-month exemption on his new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.

March 5, 2025
BusinessTechnologyEquipment

Cummins Launches X10 Engine Platform

Cummins continued to overhaul its engine options for medium- and heavy-duty trucks, unveiling the X10 engine platform and a B-Series engine update in recent days.

March 5, 2025
GovernmentBusiness

Canada Won鈥檛 Scrap Tariffs Unless All US Levies Are Lifted

Prime Minister Justin Trudeau is not open to lifting Canada鈥檚 full package of retaliatory tariffs if U.S. President Donald Trump leaves any tariffs on Canada in place.

March 5, 2025
GovernmentBusinessFuel

DOE Withdraws Biden-Era Rule, Approves LNG for Vessel Fuel

The Department of Energy has given the OK for vessels to use liquefied natural gas as a fuel by withdrawing its past Biden-era order that created a roadblock for a small Florida company.

March 5, 2025
GovernmentBusinessFuel

Trump Approves Permit Extension for Exxon鈥檚 Golden Pass LNG

The Trump administration extended a permit for the Golden Pass liquefied natural gas export project co-owned by QatarEnergy LNG and Exxon Mobil Corp.

March 5, 2025
BusinessEquipment

Geely Signs $2.5 Billion Loan to Refinance Volvo Truck Deal

Chinese billionaire Li Shufu鈥檚 Zhejiang Geely Holding Group聽 has obtained a syndicated loan to refinance borrowings related to its 2018 acquisition of a stake in Volvo AB.

March 5, 2025
BusinessFuel

Saudi Aramco Might Bid for BP鈥檚 Castrol Lubricant Assets

Saudi Aramco is considering a potential offer for BP's Castrol lubricant assets, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries.

March 5, 2025
GovernmentBusinessEquipmentLogistics

Trump to Decide on Canada, Mexico Relief Today, Lutnick Says

President Donald Trump is set to announce changes to the tariffs on Canada and Mexico, with potential relief for autos and other sectors, Commerce Secretary Howard Lutnick said March 5.

March 5, 2025
GovernmentBusinessLogistics

Shipping Executives in Crisis Mode Over Tariff 鈥楨arthquake鈥

Global shipping executives gathered this week in Long Beach, Calif., for a major annual conference, then found themselves in crisis mode.聽

March 5, 2025

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics