The U.S. government is poised to receive a so-called golden share in U.S. Steel as a condition for approving Nippon Steel's proposed acquisition of the American company.
May 27, 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 Poised to Receive Golden Share in US Steel-Nippon Tie-Up
Leasing Models Offer Fleets Cost-Control Options
Fleet operators weigh full-service versus unbundled truck leasing as costs, maintenance risks and life cycle management shape decisions.
May 27, 2025Three More Years of Clean Truck Fees Approved at Port of LA
The Port of Los Angeles will continue to collect a $10 clean truck fund fee for the next three years. But at least two harbor commissioners indicated it warrants a closer look going forward.
May 27, 2025Sysco Helps Restaurants Caught in Trade War
Restaurant supplier Sysco is coaching eateries on substitutes for imported ingredients hit by President Donald Trump’s tariffs.Â
May 27, 2025Truck Retail Sales Outlook Cloudy for Rest of 2025
Uncertainty continues to cloud the retail sales and orders outlook for truck makers for the rest of 2025, according to observers.
May 27, 2025Software Logistics Giant WiseTech Buys E2open for $2.1B
Australian shipping software company WiseTech Global made its biggest ever acquisition, agreeing to buy E2open Parent Holdings in a deal that values the U.S. firm at $2.1 billion.
May 27, 2025Volvo Cars to Cut 3,000 Jobs to Reduce Cost
Sweden-based Volvo Cars is eliminating 3,000 positions as part of a cost-cutting program as the auto industry faces challenges from trade tensions and resulting economic uncertainty.
May 27, 2025Trump Signals He’ll Approve Nippon Bid for US Steel
President Donald Trump said U.S. Steel will keep its headquarters in Pittsburgh in a possible signal that he’ll approve a bid by Japan-based Nippon Steel to invest in the steelmaker.
May 27, 2025Trump Says He’ll Delay Threatened EU Tariff Until July
President Donald Trump said May 25 that the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc.
May 27, 2025Economic Factors Bombard Truck Makers From All Angles
Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.
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