The work of untangling the company鈥檚 finances is left to Charles Moore, a restructuring expert hired last month during rushed negotiations between the company and its top creditors.
October 14, 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.
GM to Take $1.6B Hit as Tax Incentives for EVs Are Slashed
GM warned that it may take additional hits as it adjusts production, with non-cash charges potentially impacting operations and cash flow in the future.
October 14, 2025Shipping Braces for Carbon Tax, Fueling Trump Tariff Threat
The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year.
October 14, 2025Freight Recession Claims Another in Montgomery Transport
The Birmingham, Ala.-based firm ceased operations after a deal to sell the company to an affiliate of fellow Birmingham-based carrier PS Logistics collapsed.
October 10, 2025Tariffs, Capacity Keep Freight Industry on Edge
Tariffs and carrier capacity continue to be the two top issues increasing the length of transportation executives鈥 worry lines, according to attendees of the CSCMP Edge 2025 conference.
October 10, 2025Daimler and Toyota Name Truck Venture Archion
The joint venture partners aim to each hold a 25% stake in the JV, with the remaining shares set to be listed on the Tokyo Stock Exchange鈥檚 prime market for large corporations.
October 10, 2025ATS鈥 Logistics Division to Acquire Trailer Bridge Logistics
Anderson Trucking Service鈥檚 logistics division is expanding its reach by acquiring Trailer Bridge Logistics, a move aimed at strengthening ATS鈥 position in the U.S. freight market.
October 10, 2025Trump Suggests 'Massive Increase' on China Tariffs
Trump said Oct. 10 that 鈥渢here seems to be no reason鈥 to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths.
October 10, 2025How to Combat the Technician Shortage
The technician shortage that fleets and service providers/dealers face is a nuanced phenomenon, and perhaps more complex than many may realize.
October 10, 2025How to Keep Trucking's Roadside Technicians Safe
Distracted drivers can pose a major safety threat to remote repair technicians working on trucks along the shoulder of a highway.
October 10, 2025Trending
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