Trucking Business News

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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.

BusinessFuel

Shell CEO Says Pursuing Major Deal Brings Risk of Distraction

Shell Plc CEO Wael Sawan said the UK energy company will continue to look for potential acquisitions but warned of the risks inherent in pursuing a major deal.

March 25, 2025
BusinessEquipmentSafety

Eight Corvettes Go Missing in Kentucky but Are Later Found

Thieves took eight Corvettes from the lot of a Kentucky automobile plant where the legendary muscle car is built, but officers recovered the vehicles and made an arrest, police said.

March 25, 2025
BusinessFuel

Elliott Files Lawsuit Against Phillips 66; Board Fight Looms

Elliott Investment Management filed a lawsuit against Phillips 66 and its board of directors to require four seats be up for election this year.

March 25, 2025
BusinessPrivateTop 100

Leading Meatpacker JBS Tops Earnings Expectations

JBS SA, the world鈥檚 largest meatpacker, posted earnings that beat expectations as strong demand for chicken and pork helped offset pressure in its U.S. beef business.

March 25, 2025
GovernmentBusiness

Ambassador Warns Canada About Using China as 鈥楤argaining Chip鈥

China鈥檚 ambassador warned the Canadian government against using it as a 鈥渂argaining chip鈥 in trade negotiations with the U.S.

March 25, 2025
GovernmentBusinessGlobal FreightTop 50

Struggling USPS a Privatization Target for Trump

The U.S. Postal Service has been struggling for years, and now President Donald Trump and Elon Musk are considering privatizing it. How did we get here?

March 25, 2025
BusinessTechnologyLogistics

Descartes Acquires TMS Provider 3GTMS for $115 Million

Shippers, third-party logistics providers and freight brokers can use 3GTMS鈥 products for automating planning, rating, consolidation and routing of over-the-road shipments.

March 25, 2025
GovernmentBusinessEquipmentSafety

Court Slashes $462 Million Wabash Verdict to $120 Million

A St. Louis court has drastically reduced a $462 million jury verdict issued against trailer manufacturer Wabash in connection with a 2019 fatal accident.

March 25, 2025
GovernmentBusinessEquipment

Court Preserves Detroit Transmission Housing Supply Line

A component supplier must continue to supply Detroit Diesel with housings for Detroit-branded transmissions installed on Freightliner and Western Star truck production lines, a court ruled.

March 25, 2025
GovernmentBusinessPrivate

Consumer Confidence Falls to Lowest Reading Since 2021

U.S. consumer confidence continued its sharp 2025 decline as Americans鈥 views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation.

March 25, 2025

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