鈥淚t鈥檚 impossible, I can鈥檛 negotiate,鈥 Mulino said when asked about returning the canal to U.S. control. 鈥淭hat is done. The canal belongs to Panama.鈥
January 30, 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.
Trump: Tariffs on Canada, Mexico Still Set to Begin Feb. 1
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Feb. 1, but he鈥檚 still considering whether to include oil from those countries as part of his import taxes.
January 30, 2025Federal Drug Officials Authorize Testing for Fentanyl
The action clears a path for the Department of Transportation and other federal agencies to begin fentanyl testing for federally regulated occupations like truck drivers.
January 30, 2025Tesla Completes Wall, Roof Construction at Semi Factory
Tesla鈥檚 previously announced production timeline for the Semi remains on schedule, with the first tractors expected to be built by the end of the year and manufacturing ramping up in 2026.
January 30, 2025United Rentals Q4 Profit, Revenue Rise
The Stamford, Conn.-based company posted a 1.5% increase in Q4 net income to $689 million from $679 million. Revenue increased nearly 10%.
January 30, 2025Uber Alleges Fraud Scheme by NY Groups Faking Crash Injuries
Uber filed a racketeering suit against a group of law firms, doctors and pain-management clinics it claims staged fake car accidents to take advantage of New York鈥檚 no-fault insurance policies.
January 30, 2025Used Class 8 Truck Sales Rise 11% in December
Used Class 8 truck sales in December increased 11.3% year over year and 4.8% from November's level, according to ACT Research.
January 30, 2025Trucking Industry Cargo Thefts Reach Record High in 2024
Verisk CargoNet reported that cargo theft incidents jumped 27% year over year to a record 3,625 across North America, and the estimated average value per theft increased 7.7%.
January 30, 2025US Ports End Year on High Note
U.S. ports capped off 2024 with solid growth, as most major facilities reported volume increases for December.
January 30, 2025Lower Truck Sales, Higher Costs Hurt Volvo Q4 Profits, Margins
A decrease in truck sales in North America and Europe plus increased production costs in the U.S. dragged on Volvo Group AB profits in the fourth quarter of 2024, the company said Jan. 29.
January 30, 2025Trending
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