Nippon Steel and United States Steel are on pace to finalize their $14.1 billion combination with President Donald Trump’s administration ahead of a deal deadline later this month.
June 5, 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.
US Steel Deal With Nippon Seen Closing by Merger Deadline
Cargo Theft Gets More Sophisticated, Experts Warn
The trucking industry continues to confront an evolving cargo theft landscape, with experts signaling the spread of more sophisticated operations during the first quarter.
June 5, 2025United Road CEO Kraft’s Adventure Continues at ϳԹ
“As opportunities arose … I was there to help and solve problems, and that led to where I am today,” Ryan Kraft said. He replaces Mark Anderson as United Road CEO.
June 5, 2025EU Launches Tool to Monitor Trade Diversion From Tariffs
The European Commission has launched a surveillance tool to monitor any trade diversion resulting from U.S. tariffs, as initial results revealed a surge of imports in many goods.
June 5, 2025Truck Orders See Surprise Sequential Rise, Still Trail 2024
North American Class 8 truck orders continued to trend below the previous year but did see a surprise sequential improvement during May, according to ACT Research.
June 5, 2025Used Truck Sales Increase for Second Straight Month in April
Used Class 8 truck sales increased on a year-over-year basis in April, while prices once again declined, with market conditions continuing to be slower, ACT Research reported.
June 5, 2025Trump Says US and China Will Resume Trade Talks
President Donald Trump said his conversation with Chinese leader Xi Jinping had a “very positive conclusion” on June 5, announcing that the two countries will hold trade talks.
June 5, 2025Procter & Gamble to Cut Up to 7,000 Jobs
Procter & Gamble will cut up to 7,000 jobs over the next two years as the maker of Tide and Pampers wrestles with tariff-related costs and customers who have grown anxious about the economy.
June 5, 2025Ram Brings Back Hemi V8 Engine in Bid to Reclaim Lost Sales
Ram is putting the Hemi V8 engine back in its light-duty pickup trucks, part of a blitz of changes from brand head Tim Kuniskis to claw back lost share in the hyper-competitive truck market.
June 5, 2025US Trade Deficit Narrows by Most on Record as Imports Plunge
The U.S. trade deficit narrowed in April by the most on record on the largest-ever plunge in imports, illustrating an abrupt end to the massive front-loading of goods by some companies.
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