Caterpillar Inc. warned that revenue will be 鈥渟lightly lower鈥 in 2025 as demand concerns weigh on the outlook of the heavy equipment maker.
January 30, 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.
Caterpillar Forecasts Lower Revenue This Year
Economy Grows Solid 2.3% From October to December
WASHINGTON 鈥 The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.
January 30, 2025GOP Energy Coalition Pushes 鈥楢ll-of-the-Above鈥 Strategy
Two of Donald Trump鈥檚 former Cabinet secretaries are outlining a vision for American energy dominance that embraces all forms of power production 鈥 even sources Trump has ridiculed.
January 30, 2025Passenger Jet Collides With Army Copter Near D.C.-Area Airport
ARLINGTON, Va. 鈥 A jet carrying 60 passengers and four crew members collided Jan. 29 with an Army helicopter carrying three soldiers around 9 p.m. EST while landing at Ronald Reagan National Airport near Washington.
January 30, 2025Senate Confirms Lee Zeldin as EPA Chief in 56-42 Vote
Zeldin will help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of EVs.
January 29, 2025Cargill Cutting 1,100 Jobs With Arkansas Plant Closure
Cargill Inc. will shutter a turkey-processing plant in Arkansas, cutting about 1,100 jobs amid a downturn in both turkey and the broader agricultural sector.
January 29, 2025Trump鈥檚 Commerce Pick Leaves CHIPS Act Direction Unclear
鈥淚 can鈥檛 say that I can honor something I haven鈥檛 read,鈥 Howard Lutnick, Trump鈥檚 nominee for commerce secretary, said of the binding CHIPS Act awards in a confirmation hearing Jan. 29.
January 29, 2025Amerit Fleet Solutions Partners With New Mountain Capital
Amerit Fleet Solutions said it secured a majority investment from New Mountain Capital, positioning the fleet maintenance provider for nationwide expansion.
January 29, 2025Tesla鈥檚 Market Value Surges Despite EV Demand Concerns
The vehicle maker's shares have nearly doubled in value since the last time it reported earnings. But its car-selling business has become a sideshow to Elon Musk鈥檚 political prominence.
January 29, 2025Fed Sees Risks 'in Balance' as It Holds Rates at 4.25%-4.5%
In a statement, officials repeated that inflation remains 鈥渟omewhat elevated鈥 but removed a reference to it having made progress toward their 2% goal.
January 29, 2025Follow Us
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