Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.
August 12, 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 Oil Output to Slip in 2026 as Price Decline Slows Drilling
U.S. oil production is now expected to fall in 2026 as prices slide, according to a government forecast, reversing years of growth that propelled the country to the world’s top producer.
August 12, 2025Cargill’s Revenue Hits 4-Year Low Amid Falling Crop Prices
Cargill revenue declined to its lowest point in four years as the largest private company in the U.S. continues to restructure in the face of declining crop prices and a shrinking cattle herd.
August 12, 2025Forward Air Earnings Improve Despite Revenue Decline in Q2
Forward Air grew earnings, despite a decrease in revenue, amid ongoing efforts to improve second-quarter operations and finances, the company reported Aug. 11.
August 12, 2025EPA to Curb DEF Shutdowns in New and Existing Trucks
“We have heard loud and clear from small businesses across the United States that the current DEF system is unacceptable," EPA Administrator Lee Zeldin said.
August 12, 2025Autonomous Truck Firm Waabi Hires Uber Freight's Lior Ron
Trucking industry veteran Lior Ron is joining autonomous technology company Waabi to help scale the commercial deployment of driverless trucks, the company announced Aug. 12.
August 12, 2025US Loses Top Spot in Canada’s Car Market to Mexico
Trump’s imposition of 25% tariffs on foreign vehicles has disrupted the long-standing system that mostly allowed the free flow of vehicles and parts across the three North American countries.
August 12, 2025Trump Renews Attacks on Powell, Threatens Lawsuit
Trump in a social media post on Aug. 12 resumed his criticism of the Fed chair over the central bank’s decision to hold interest rates steady and again hammered Powell over the renovation work.
August 12, 2025Audi Labor Chief Ties US Factory to Job Security in Germany
Audi’s labor leaders are willing to back an expansion in the country only if management gives long-term guarantees for jobs and output at home.
August 12, 2025Echo Global Expands Network With FreightSaver Acquisition
The deal is part of Echo’s ongoing strategy to scale its managed transportation business through targeted acquisitions, adding both operational capacity and regional coverage.
August 12, 2025Trending
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