Two terminals operated by Termont Montreal that account for about 40% of the port鈥檚 container handling capacity have been closed since Oct. 31 after unionized dockworkers walked off the job
November 7, 2024Trucking 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.
EV Growth Expected to Slow Further Under Trump
Slowing electric-vehicle adoption is likely to accelerate even further as President-elect Donald Trump delivers on his promise to gut plug-in friendly policies.
November 7, 2024Daimler Truck Q3 Profit Plunges 35% Even as DTNA Sales Gain
The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.
November 7, 2024Freight Industry Welcomes Trump鈥檚 White House Return
The return of President-elect Donald Trump to the White House is being welcomed by key freight stakeholders seeking improvements across the commercial transportation sector.
November 7, 2024RXO Reports Revenue Increase to Just More Than $1B for Q3
RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.
November 7, 2024Biden Rushing Study That Threatens to Slow Trump鈥檚 LNG Plans
The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump鈥檚 plan to immediately approve new liquefied natural gas export terminals.
November 7, 2024Landstar Q3 Profits, Revenue Slide in 'Challenging' Quarter
Profit and revenue at Landstar System Inc. fell year over year in the third quarter on the back of ongoing weakness in the truckload market.
November 7, 2024Intermodal Load Growth Cushions Hub Group Q3 Profit Decline
Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier鈥檚 top executive is becoming more optimistic about the freight environment.
November 7, 2024Nippon Steel Confident It Can Finalize Acquisition This Year
Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.
November 7, 2024Class 8 Truck Orders Decline 5% in October
Preliminary data showed orders declined 5.2% to 30,600 units, marking the fifth month in 2024 where orders fell on an annual basis.
November 7, 2024Trending
Newsletter Signup
Subscribe to Transport Topics
