Trucking Business News

About 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.

GovernmentBusinessLogisticsFor-HirePrivateGlobal Freight

Layoffs Rise to Highest Level Since 2003

"This comes as AI adoption, softening consumer and corporate spending, and rising costs drive belt-tightening and hiring freezes,” Challenger, Gray & Christmas said in the report.

November 6, 2025
BusinessTechnologyLogistics

Lyft Delivers Strong Bookings Outlook, Easing Concerns

Lyft projected an acceleration in bookings this quarter, easing concerns about the ride-hailing company’s efforts to expand globally and maintain customer loyalty. 

November 6, 2025
GovernmentBusinessSafetyLogistics

Most Major US Airports Among 40 Facing FAA Flight Cuts

Flights at major U.S. hubs from New York to Los Angeles will be reduced starting Nov. 7 as the FAA faces severe air traffic controller staffing shortages.

November 6, 2025
GovernmentBusinessSafetyLogisticsFor-HireGlobal FreightTop 100

Death Toll Rises to 12 in UPS Cargo Jet Crash in Kentucky

The death toll from a UPS Inc. cargo plane crash rose to 12 as investigators began looking into what caused the fiery Nov. 4 accident near the company’s global hub in Kentucky.

November 5, 2025
BusinessFuel

Lucid Reports Disappointing Q3 Results

Lucid Group posted a worse-than-expected third-quarter loss as it grapples with sluggish production of its Gravity SUV and a challenging trade environment.

November 5, 2025
GovernmentBusinessEquipmentSafetyLogisticsFor-HireGlobal Freight

Search Continues for Victims of UPS Cargo Jet Crash

First responders were searching for more victims Nov. 5 after a UPS cargo plane crashed and exploded in a fireball at the company’s global aviation hub in Kentucky, killing at least 12 people.

November 5, 2025
BusinessTechnologyFuelLogistics

Joby's Blade to Provide 12-Minute Trips From Suburbs to NYC

Traffic’s back, train delays are all too common and city politics have been boiling over. A new commuter helicopter route is aimed at offering New Yorkers a quick escape hatch.

November 5, 2025
BusinessSafetyLogisticsFor-HireGlobal FreightTop 100

Shipping Delays Expected After UPS Cargo Jet Crash

The UPS cargo plane crash on Nov. 4 at the company’s global aviation hub in Kentucky, which killed at least 12, will temporarily disrupt the supply chain and result in some shipping delays.

November 5, 2025
BusinessLogistics

GXO Reports Topline Growth as New CEO Kelleher Settles In

GXO Logistics reported revenue and earnings growth during the third quarter, its first under the leadership of new CEO Patrick Kelleher, the company reported Nov. 5.

November 5, 2025
GovernmentBusiness

Key Supreme Court Justices Question Trump’s Global Tariffs

A decision against Trump could force more than $100 billion in refunds and remove a major burden on the U.S. importers that are paying the tariffs.

November 5, 2025