Profit fell due to weaker specialty rental margins, lower used equipment sales and higher expenses, including those related to the terminated H&E Equipment Services acquisition.
April 25, 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.
United Rentals Q1 Profit Dips, Beats Expectations
Motive Focuses on AI for Fleets at Vision Conference
“Our work here will never be done,” Motive CEO Shoaib Makani said during a keynote address. “We are going to continue to solve new problems and expand the scope of this platform."
April 25, 2025Wisconsin Awards $468,255 in CDL Grants to Train 260 Drivers
The Wisconsin Department of Workforce Development has awarded $468,255 in grants for commercial driver license training to get 260 drivers on the road.
April 25, 2025Continental Appoints New CFO Ahead of Parts Maker’s Overhaul
Continental appointed company veteran Roland Welzbacher to succeed Olaf Schick as CFO as the German manufacturer sheds units to focus on its more profitable tires business.
April 25, 2025IMF Members See World at ‘Pivotal Juncture’ Amid Trade Wars
The world economy is at a “pivotal juncture” as trade tensions flare, members of the IMF said in a draft statement after discussions that have been overshadowed by the trade war.
April 25, 2025Energy Secretary Aims to Reassure Oil Bosses Amid Trade War
Energy Secretary Chris Wright sought to reassure U.S. oil companies during a visit to Oklahoma, saying turmoil from President Donald Trump’s trade war is apt to be fleeting.
April 25, 2025Auto Carrier Could Take $70 Million Hit From US Port Fees
Hoegh Autoliners ASA, an Oslo, Norway-based car carrier, said that a plan to impose fees on foreign ships calling at U.S. ports could cost the company as much as $70 million.
April 25, 2025Low-Income Earners Face Sharpest Impact From Tariffs
While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.
April 25, 2025Knight-Swift Posts Q1 Profit as LTL Revenue Soars
Knight-Swift Transportation returned to the black in the first quarter of 2025 on the back of a jump in less-than-truckload revenue.
April 24, 2025Lawmaker Asks DOT to Reverse Obama-Era English Proficiency Memo
A federal lawmaker from Wyoming is asking USDOT to require that CMV drivers who cannot demonstrate proficiency with speaking and reading English be taken out of service during inspections.
April 24, 2025Follow Us
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