Trucking 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.
Federal Board OKs CN Purchase of Iowa Northern Railway
The U.S. Surface Transportation Board on Jan. 21 approved Canadian National Railway Co.’s request to acquire and operate Waterloo-based Iowa Northern Railway Co.’s 218-mile rail system.
TFI Chassis Buys Mickey Truck Bodies Land in North Carolina
A portfolio of 41 Mickey Truck Bodies property tracts in High Point, N.C., has been flipped for $35.52 million to TFI Chassis Portfolio.
ATA Truck Tonnage Index Inches Down in December
The freight market finished the year on a downward slope as tonnage declined on both a monthly and annual basis in December, American Trucking Associations reported.
Nissan to End Production of Compact Van
Nissan Motor Co. will stop making its AD compact van in November to pare back excess production as Honda Motor Co. prepares to fold the flailing carmaker into its business.
January 21, 2025Shipping Giant MSC Says It Will Avoid Red Sea for Now
Container liner Mediterranean Shipping Co. said it will continue to send its ships around Africa’s southern tip until further notice.
Trump Orders Removal of EV-Favoring Policies and Subsidies
President Donald Trump ordered his administration to consider eliminating subsidies and other policies that favor electric vehicles.
Canada Says It’s Ready to Respond to US Tariffs
TORONTO — Top Canadian ministers said Jan. 20 that Canada will be ready to retaliate after President Donald Trump said he was thinking of imposing a 25% tariff on Canada and Mexico on Feb. 1.
Trump Says 25% Tariffs on Canada and Mexico Coming Feb. 1
WASHINGTON — President Donald Trump said Jan. 20 that he expects to put 25% tariffs on Canada and Mexico starting Feb. 1, while declining to flesh out his plans for taxing Chinese imports.
January 21, 2025Ohio Residents Appealing Derailment Settlement Not Giving Up
Residents challenging Norfolk Southern’s $600 million settlement for the Ohio train crash have asked a court to reject a judge’s order requiring them to put up a bond to continue their appeal.
Trump Sworn in as 47th President After Historic Comeback
Trump will act swiftly after the ceremony, with executive orders to clamp down on border crossings, increase fossil fuel development and end diversity and inclusion programs.
January 20, 2025