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QXO Won’t Raise Its Offer for GMS After ºÚÁϳԹÏÍø Depot Bid

QXO won’t raise its $5 billion offer for building products distributor GMS after ºÚÁϳԹÏÍø Depot reportedly made its own bid.

June 20, 2025

Doubling of Tire Life Regularly Reported

Watch how Counteract’s revolutionary tire balancing technology helps fleets cut fuel costs, extend tire life, and eliminate rebalancing. Using centrifugal force and inertia, Counteract Balancing Beads automatically balance the entire axle-end wheel assembly—continuously and without the need for machines. Backed by SAE fuel economy tests and real-world results, fleets report doubled steer tire life and smoother rides. Don’t miss the video that shows how smarter balancing leads to massive savings. Learn more at !

June 23, 2025

Small-Parcel Shipments From China to US Fall 40% on Tariffs

U.S. tariff hikes on small packages from China triggered a slump in shipments last month, contributing to a huge drop in bilateral trade and roiling exporters like Shein and Temu.

June 20, 2025

ºÚÁϳԹÏÍø Depot Challenges Brad Jacobs-Led QXO for Supplier Deal

ºÚÁϳԹÏÍø Depot has made an offer for GMS, potentially setting off a bidding war with QXO, which this week made a $5 billion offer for the building products distributor.

June 20, 2025

Amazon Tells Employees to Relocate to Seattle, Other Hubs

Amazon is ordering some corporate employees to move closer to their managers and teams, roiling a workforce already worried about job cuts and warnings from the top that AI will shrink their ranks.

June 18, 2025

Trucking Leaders Share Best Practices for Hiring Veterans

Many trucking companies actively recruit members of the armed services transitioning to civilian life, but attracting, supporting and retaining military veterans can take extra work.

June 20, 2025

Trucking’s Next Generation Brings New Ideas to the Workplace

Young professionals joining the trucking industry are reshaping workplaces by advocating for flexible work environments, prioritizing mental health and acting on their vision of success.

June 20, 2025

Trade Uncertainty Clouds Outlook for Top 100 For-Hire Carriers

Transport Topics' 2025 Top 100 For-Hire Carriers list illustrates how weak freight market conditions have continued to squeeze margins for North America's largest motor carriers.

June 20, 2025

Federal Reserve Leaves Its Key Rate Unchanged

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.

June 18, 2025