The company, whose parent is Traton Group, warned that high electricity and labor costs paired with rising pressure from Asian competitors are weighing on results.
November 20, 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.
FedEx CEO Says Global Supply Chain Shocks to Persist
The changes to global trade and supply chains driven by factors including technology and geopolitical risks are likely to persist over the long term, according to FedEx CEO Raj Subramaniam.
November 20, 2025Canada Eases Trade Between Provinces to Reduce Reliance on US
Canada and its 13 provinces and territories agreed to knock down more hurdles to trading internally, as the country tries to reduce its reliance on the U.S. amid a punishing trade war.
November 20, 2025USDA to Announce Farm Relief Plan in Early December
The Trump administration intends to release its long-awaited plan to offer relief for beleaguered farmers early next month, U.S. Agriculture Secretary Brooke Rollins said Nov. 19.
November 19, 2025Trimble Unveils Next-Gen TMS, AI Agents
At its Insight 2025 tech conference, held Nov. 16-18, Trimble showcased a variety of new AI agents and workflows designed to streamline tasks and boost efficiency across all its systems.
November 19, 2025Labor Department Cancels Full October Jobs Report
The Labor Department said it will not release a full jobs report for October because the government shutdown meant it couldn't calculate the unemployment rate and some other key numbers.
November 19, 2025Medium-Duty Truck Sales Drop 25% From Prior Year in October
U.S. medium-duty truck sales dropped sequentially and compared with the prior year in October amid ongoing tariff headwinds and market uncertainty, according to data from Omdia Automotive.
November 19, 2025Kodiak Expands Partnership With ZF
Kodiak AI and ZF's relationship extends to the autonomous truck developer's earliest days, when Kodiak鈥檚 founders approached ZF to co-develop a steering system.
November 19, 2025Big Three Auto CEOs Invited to Testify Before Congress
The last congressional hearing that featured the top executives of Ford, GM and Stellantis (formerly Chrysler) was in late 2008, when financial and automotive crises were hitting the economy.
November 19, 2025EPA to Proceed With 2027 NOx Rules Timeline
鈥淲e are encouraged by several proposed adjustments that should help lower costs and ease implementation,鈥 ATA Vice President of Energy and Environmental Affairs Patrick Kelly said.
November 19, 2025Trending
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