Initial claims decreased by 6,000 to 216,000 in the week ended Nov. 22. The median forecast in a Bloomberg survey of economists called for 225,000 applications.
November 26, 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.
Deere Forecast Misses Expectations as Farm Slump Deepens
The weak outlook for the maker of iconic green and yellow tractors comes as farmers have been hit hard by low crop prices and President Donald Trump鈥檚 tariff policies.
November 26, 2025Canada to Tighten Steel Rules, Increase Lumber Aid
Prime Minister Mark Carney鈥檚 government will lower the tariff-rate quota level for steel imports from countries with which Canada doesn鈥檛 have a trade agreement to 20% from 50%.
November 26, 2025Trump Says China Has Agreed to Boost US Farm Purchases
U.S. President Donald Trump said he urged Chinese President Xi Jinping to increase the speed and size of agricultural purchases and said Beijing had 鈥渕ore or less agreed鈥 to do so.
November 26, 2025Tesla Co-Founder Straubel鈥檚 Battery Firm Redwood Cuts Dozens
Tesla co-founder JB Straubel鈥檚 battery recycling firm,聽Redwood Materials, cut dozens of jobs as the startup scales back some of its ambitious projects.
November 25, 2025UPS, FedEx, Others Face Long-Term Effects of MD-11 Grounding
The grounding of the workhorse freighter plane involved in a deadly crash in Kentucky may drag on for an 鈥渦ndeterminable period,鈥 creating havoc for UPS, FedEx and a Florida-based carrier.
November 25, 2025Barak Turovsky, GM's Head of AI, Leaves Automaker
General Motors' chief AI officer is out, marking the loss of another聽Silicon Valley聽alum as the company works to bulk up staffing to support聽tech innovation聽at the Detroit automaker.
November 25, 2025Consumer Confidence in November Slides to Lowest Since April
U.S. consumers were much less confident in the economy in November in the aftermath聽of the government shutdown,聽weak hiring聽and stubborn inflation.
November 25, 2025Canada Delays Trade Data After US Shutdown
Statistics Canada said it will not publish October trade data as was scheduled on Dec. 4. The agency had previously confirmed September聽numbers聽would be postponed.
November 25, 2025Iconic Illinois Foundry Reopens Focused Just on Brake Drums
The foundry achieved a first Nov. 20, pouring its first iron as a stand-alone commercial vehicle brake drum manufacturing plant. Brake drums were soon rolling off the production line.
November 25, 2025Trending
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