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February 6, 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.
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Watch: Aurora Fights FMCSA Ruling on Hazard Warnings
Aurora Innovation Inc. challenged a FMCSA decision to deny the company an exemption to a rule which requires hazard warnings to be placed on the road, even for self-driving trucks. Â
February 6, 2025Panama Leader Denies Trump Claim of Free Canal Passage
Panama President Jose Raul Mulino denied that his government had granted free passage for U.S. government ships through the Panama Canal.
February 6, 2025Senate Panel Advances Supply Chain Resiliency Bill
The Promoting Resilient Supply Chains Act, reintroduced by Sens. Maria Cantwell (D-Wash.) and Marsha Blackburn (R-Tenn.), gained bipartisan approval from the Commerce Committee.
February 6, 2025Beacon Roofing Rejects Hostile QXO Bid
Beacon Roofing Supply has officially rejected a hostile takeover approach from QXO, setting the stage for a potentially protracted battle for control of the building supplies provider.
February 6, 2025XPO Earnings Jump 31% Despite Revenue Dip in Q4 2024
The Greenwich, Conn.-based less-than-truckload carrier posted net income of $76 million, compared with $58 million during the same time the previous year.
February 6, 2025LTL Players Eye Freight Market Turnaround, Industrial Upturn
Substantial change is expected in the U.S. less-than-truckload sector in 2025, according to market observers and executives, headed by the long-awaited freight market turnaround.
February 6, 2025Canadians Support Using Oil as Weapon in Trump Trade War
There is strong nationwide support among Canadians for putting export taxes on oil shipments if needed to retaliate against U.S. President Donald Trump’s tariffs, a new poll suggests.
February 6, 2025Logistics Agents Put 30% Levy on Shein, Temu Retailers
Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S.Â
February 6, 2025Cargill Buys Biofuels Supplier to Grow Beyond Grains
Agricultural commodities trader Cargill is boosting its renewable fuels and sugar operation in Brazil after a period of shrinking earnings as the price of corn and soybeans tumbled.
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