Judge Craig Goldblatt on Feb. 26 found Yellow to be a “liquidating fiduciary,” rather than an employer, at the time it laid off unionized employees.
February 28, 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.
Court Nixes Teamsters’ WARN Claims Against Yellow
Doug Ford Re-Elected as Ontario’s Premier
Ontario Premier Doug Ford won re-election to lead Canada’s most populous province on Feb. 27, giving him the mandate he wanted to fight tariffs threatened by U.S. President Donald Trump.
February 28, 2025Consumer Spending Falls as Inflation Indicator Rises
The Federal Reserve’s preferred measure of underlying inflation rose at a mild pace in January, while consumers pulled back on spending.
February 28, 2025As Tariffs Loom, US Imports More Food Than Ever
The United States, known for being a global agriculture powerhouse, has never imported more food than it is right now. And its agricultural exports are falling.
February 28, 2025Tesla Targets Waymo, Uber in California Ride-Hail Bid
Tesla is seeking approval to offer ride-hailing services in California, a key step by Elon Musk’s company to begin carrying paying customers while its traditional business falters.
February 27, 2025Pipeline Safety Agency’s Senior Leaders Exit Amid Trump Push
Several senior executives at a key government regulatory body responsible for overseeing safety of the pipeline system will depart in the next three months, according to a memo.
February 27, 2025Senate Panels OK Bradbury for DOT, Chavez-DeRemer for Labor
A Senate panel recently approved the nomination of Steven Bradbury to help lead the Department of Transportation as deputy secretary. The vote was 15-13 along party lines.
February 27, 2025Auto Haulers Eye Initial Jack Cooper Tailwind in Weak Market
The collapse of auto hauler Jack Cooper Transport is expected to provide an initial tailwind for other carriers in the sector, and possibly stimulate some appetite for mergers.
February 27, 2025Stakeholders Urge Congress to Take Action on Cargo Theft
A stakeholder representing ATA on Feb. 27 shared with a Senate panel ongoing industry concerns associated with an increase in cargo theft afflicting the nation’s supply chain.
February 27, 2025Forward Air Reports Mixed Q4 Amid Stabilization Efforts
Forward Air remained focused on stabilizing operations in the aftermath of a major acquisition and change in direction leading up to the fourth quarter of 2024, the company reported Feb. 26.
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