Nippon Steel has bolstered its pledge to invest in U.S. Steel in the event that President Donald Trump approves the Japanese company’s proposed $14.1 billion takeover.
May 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.
Nippon Steel Boosts Investment for Proposed US Steel Deal
FedEx Names CEO, Chairman for Spun-Off Freight Unit
The appointments will take effect after the separation of FedEx Freight from FedEx Corp., which the company expects to complete by June 2026.
May 20, 2025°®¶¹´«Ã½ Depot Revenue Rises as Customers Tackle Small Projects
°®¶¹´«Ã½ Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects.
May 20, 2025Charging Installations Drop as Trump Ramps Up Attacks on EVs
Installation of high-speed chargers across the U.S. fell by more than 21% in the first quarter compared to the year-earlier period, according to an analysis of Energy Department data.
May 20, 2025GM Stops Small Number of Car Exports to China Due to Tariffs
General Motors has halted shipments of a small number of U.S.-made vehicles to China as the fallout of President Donald Trump’s tariffs reshapes the global auto sector.
May 20, 2025LA Port Shipments Fell 30% in Early May After Trump Tariffs
Inbound shipments to the Port of Los Angeles — the busiest container hub in the U.S. — dropped as much as 30% in early May as President Donald Trump’s tariffs discourage trade.
May 20, 2025China’s Pony AI Eyes Profitability With Robotaxi Growth
Pony AI’s report on its first full quarter as a publicly traded company will have investors homing in on how a new generation of robotaxis could put the firm on a path to profitability.
May 19, 2025KAG Canada Buys Milk, Bulk Liquids Carrier Fisher Transport
Kenan Advantage Group inked its third acquisition of 2025 on May 16 as KAG Canada bought liquid bulk carrier Fisher Transport for an undisclosed sum.
May 19, 2025JBS Vote Spurs SEC Probe Request From Rand Paul
Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.
May 19, 2025Fed Signals No Rate Cuts Before September
Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September.
May 19, 2025Follow Us
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