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.

GovernmentBusinessLogistics

Panama Leader Denies Trump Claim of Free Canal Passage

Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.

February 6, 2025
GovernmentBusinessTechnologyEquipmentSafetyLogistics

Senate Panel Advances Supply Chain Resiliency Bill

The Promoting Resilient Supply Chains Act, reintroduced by Sens. Maria Cantwell (D-Wash.) and Marsha Blackburn (R-Tenn.), gained bipartisan approval from the Commerce Committee.

February 6, 2025
BusinessFor-HirePrivate

Beacon Roofing Rejects Hostile QXO Bid

Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.

February 6, 2025
BusinessTechnologyLogisticsFor-HireTop 100

XPO Earnings Jump 31% Despite Revenue Dip in Q4 2024

The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.

February 6, 2025
BusinessLogisticsFor-HireTop 100

LTL Players Eye Freight Market Turnaround, Industrial Upturn

Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.

February 6, 2025
GovernmentBusinessFuel

Canadians Support Using Oil as Weapon in Trump Trade War

There is strong nationwide support among Canadians for putting export taxes on oil shipments if needed to retaliate against U.S. President Donald Trump鈥檚 tariffs, a new poll suggests.

February 6, 2025
GovernmentBusinessLogisticsFor-HirePrivateGlobal Freight

Logistics Agents Put 30% Levy on Shein, Temu Retailers

Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.聽

February 6, 2025
BusinessTechnologyFuelPrivate

Cargill Buys Biofuels Supplier to Grow Beyond Grains

Agricultural commodities trader Cargill is boosting its renewable fuels and sugar operation in Brazil after a period of shrinking earnings as the price of corn and soybeans tumbled.

February 6, 2025
GovernmentBusinessTechnologyEquipment

Ford Expects Big Profit Drop as Trump Tariff, EV Threats Loom

Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding to risks posed by potential new tariffs and dimming demand for plug-in cars.

February 6, 2025
BusinessTechnologyEquipment

Nissan Seeking New Partners With Honda Deal Set to Collapse

Nissan Motor Co. is seeking a new partner as it prepares to end negotiations to form a joint holding company with Honda Motor Co., people familiar with the matter said.

February 6, 2025

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