RXO's revenue increased 52.6% in the second quarter despite the prolonged soft freight environment, but the company also reported a net loss of $9 million.
August 8, 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.
Tesla Secures Texas Rideshare Permit for Robotaxi Operation
Uber and Lyft also get licenses under a new state law that takes effect Sept. 1.
August 8, 2025US Refiners to Profit as Heavy Oil Output Rebounds
The ability to buy heavy crude at cheap prices is set to improve in the second half of the year as Canadian and Middle Eastern production rebounds.
August 8, 2025Building a Preventative Maintenance Program that Pays Off
Tired of surprise breakdowns? Youre not alone. See how real fleets turned it around in our customer case study. Get a sneak peekplus a step-by-step guide to building a PM program that saves time, money and time.
August 8, 2025Hyroad Energy to Buy Nikolas Hydrogen Fuel Cell Trucks, IP
Hyroad Energy will buy much of bankrupt truck manufacturer Nikolas remaining physical assets and all its intellectual property for $3.85 million.
August 8, 2025Tesla Disbands Dojo Team in Blow to AI Autonomous Effort
Tesla plans to increase its reliance on external technology partners, including Nvidia, Advanced Micro Devices and Samsung.
August 8, 2025GMs Chevrolet Bolt Will Source Batteries From China's CATL
To stay competitive, GM will temporarily source these packs from similar suppliers to power our most affordable EV model, the company said in a statement.
August 7, 2025US Foods Calls for Talks After Performance Food Snubs Merger
Our ask of PFG is to simply work together to further understand the merits and opportunities of a potential combination, US FoodsCEO Dave Flitman said.
August 7, 2025US Farm Trade Deficit Hits Record $28.6 Billion in 2025
The shift in fortunes began during President Donald Trumps trade war with China in his first term, with the initial annual deficits recorded in 2019 and 2020.
August 7, 2025Motor Fuel Taxes Rise in 10 States, Drop in 3
Motor fuel taxes fell in three states but rose in 10 others after states on July 1 either recalculated their annual rates or adopted legislation to pay for highway infrastructure.
August 7, 2025Trending
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