The Tennessee-based ground transportation and logistics services provider posted a net loss of $23.8 million, or negative 52 cents a diluted share, for the three months ending Sept. 30.
November 7, 2025Trucking 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.
China Trade Pact ‘Ambiguity’ Leaves US Tractor Makers in Limbo
It’s unclear if the next few months will mark a turning point for the struggling farm machinery sector, with minimal details on the U.S.-China trade deal for manufacturers.
November 7, 2025China to Resume Nexperia Chip Exports, Dutch Leader Says
Dutch PM Dick Schoof said China agreed to resume deliveries of Nexperia chips from plants in the country, signaling a possible breakthrough in a clash that risked disrupting auto production.
November 7, 2025Illinois Lawmakers Approve 30% Truck Toll Hike
The truck toll increases would start in 2027, with scheduled increases after that. But Matt Hart, executive director of the Illinois Trucking Association, intends to continue fighting.
November 7, 2025North American Softness Drags on Daimler Truck Earnings
Daimler Truck North America orders in the most recent quarter totaled 26,168 trucks and buses, down 29% year over year from 36,794 vehicles, but nearly double Q2’s 13,842 total.
November 7, 2025First Brands Wins Access to Last $600M of Emergency Funds
First Brands Group won access to $600 million of remaining bankruptcy financing, which company lawyers said was needed to prevent the company from immediately shutting down.
November 7, 2025Cummins Q3 Profit Falls 33.7% Behind Accelera Writedown
On-highway truck and engine sales in North America are set to fall 15% in the fourth quarter compared with Q3, Cummins Chief Financial Officer Mark Smith warned analysts and investors.
November 7, 2025Airlines Cut Flights, With More Cancellations Into Next Week
Airlines across the U.S. have canceled flights as the longest government shutdown in history snarls up air travel and forces thousands of passengers to change their travel plans.
November 7, 2025PCS Rolls Out AI Dispatch, Freight Tools
PCS Software recently released several new artificial intelligence-enabled capabilities for its transportation management system to help motor carriers optimize dispatch and identify better load opportunities.
November 7, 2025China Renews Soybean Imports From US Suppliers
The decision follows the meeting between President Donald Trump and Xi Jinping, a summit that produced a trade truce that set China back on the path to buying American farm goods again.
November 7, 2025Trending
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