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Watch: Auto 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. Macroeconomic trends promise decrease in capacity as sales fall.

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March 7, 2025

Employers Add a Solid 151,000 Jobs in February

Employers added 151,000 jobs last month, but the outlook is cloudy as President Donald Trump threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.

March 7, 2025

Walgreens Going Private in $10 Billion Sycamore Deal

The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

March 6, 2025

Costco’s Profit Miss Reflects Broader Retail Concerns

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations.ÌýRetailers have taken a more cautious outlook in recent weeks.

March 6, 2025

CMA CGM Pledges $20 Billion for US Shipping Expansion

An estimated 10,000 new jobs would be created by the effort, President Donald Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé.

March 6, 2025

Border States Fear Impact From Tariffs on Canada and Mexico

Political leaders representing states that border Canada and Mexico are sounding the alarm about how tariffs between those countries and the U.S. will impact their local economies.

March 6, 2025

Congress Approaches March 14 Funding Deadline

Congressional Republican leaders in early March were focused on pursuing a short-term funding extension designed to avert a partial government shutdown this month.

March 6, 2025

Auto Reprieve From Tariffs Isn’t Enough to Weather Trade War

President Donald Trump’s reprieve for U.S. automakers from tariffs isn’t likely to allow enough time for those companies to make the changes necessary to minimize the damage from a trade war.

March 6, 2025

DHL Subsidiary to Cut 8,000 Jobs in Germany

German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.

March 6, 2025