Saia Inc. closed out 2024 with lower fourth-quarter earnings amid efforts to reinvest in the operations of the business, but it set a revenue record for the full year, the company said Feb. 3.
February 3, 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.
Sysco Profit Dips as Avian Flu-Induced Inflation Bites
Cost growth outpaced sales wins due to inflation, particularly across the dairy and poultry sectors, and the carrier added that further price increases were on the way.
February 3, 2025Trump Pauses Mexico, Canada Tariffs; China Plans in Place
WASHINGTON — President Donald Trump on Feb. 3 held off on his tariff threats against Mexico and Canada for 30 days after the two U.S. neighbors agreed to boost border security efforts.
February 3, 2025Lawsuit Blames Deaths on 2023 Train Derailment in Ohio
EAST PALESTINE, Ohio — A lawsuit alleging for the first time that people died because of the 2023 East Palestine train derailment was filed ahead of the second anniversary of the toxic crash.
February 3, 2025Ontario Cancels Deal With Musk’s Starlink
Ontario’s premier said his government is ending its contract with Starlink, the Elon Musk-controlled satellite company.
February 3, 2025Mexico’s Sheinbaum Says Tariffs Delayed for One Month
Mexico President Claudia Sheinbaum said tariffs would be delayed for one month after a conversation with U.S. President Donald Trump on Feb. 3.
February 3, 2025ATRI: US Highways Congestion Hit Record High in 2022
Congestion on U.S. highways added $108.8 billion in costs to trucking in 2022, up from $94.6 billion in 2021, according to a new study by the American Transportation Research Institute.
February 3, 2025OPEC+ Sticks to Supply Plan as Trump Seeks Oil Price Cut
OPEC+ didn’t make any changes to its existing oil production plans at a review meeting Feb. 3, even as President Donald Trump called on the group to lower crude prices.
February 3, 2025China Renews Threat to Counter US Tariffs
TAIPEI, Taiwan — China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following the decision to impose 10% tariffs on China.
February 3, 2025Canada Retaliates on Tariffs; Mexico Response in Limbo
TORONTO — Canada and Mexico ordered retaliatory tariffs on American goods in response to sweeping tariffs imposed by President Donald Trump.
February 3, 2025Trending
Newsletter Signup
Subscribe to Transport Topics