The U.S. Postal Service on Feb. 5 said it鈥檚 accepting 鈥渁ll international inbound mail and packages鈥 from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.
February 5, 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.
GM鈥檚 Cruise to Slash 1,000 Jobs as Robotaxi Service Shutters
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan.
February 4, 2025N.J. Wooing N.Y. Firms to Deflect Congestion Pricing Costs
New Jersey Gov. Phil Murphy has unveiled $20 million in business incentive grants to combat New York City鈥檚 new congestion-pricing tolls.
February 4, 2025Designs Unveiled for Replacement of Baltimore's Key Bridge
SPARROWS POINT, Md. 鈥 Almost a year after the deadly collapse of Baltimore鈥檚 Francis Scott Key Bridge, Maryland officials on Feb. 4 unveiled their designs for its replacement.
February 4, 2025Marten Transport Q4 Profit Halves on Freight Market Weakness
Profit at Marten Transport more than halved in the fourth quarter of 2024 as ongoing weakness in the freight environment hurt revenue and margins.
February 4, 2025Tariff Impact Threatens Critical Trucking Sectors
The transportation sector is bracing for the possibility that a slew of new tariffs could soon hit some of its most critically important industries, according to experts.
February 4, 2025Agile Cold Storage Breaks Ground on Dallas-Area Warehouse
The 122,949-square-foot, multi-temperature facility is expected to open by the end of this year following a Jan. 23 groundbreaking ceremony.
February 4, 2025Transportation Lawmakers Take Aim at Moving Industry Scams
鈥淲e cannot allow bad actors in the shipping and moving industry to violate consumer trust and harm our nation鈥檚 supply chain," said Sen. Deb Fischer, the bill's co-lead sponsor in the Senate.
February 4, 2025Cummins Posts Lower Q4 Profit on Weak Truck Demand
Weak global heavy-duty truck market demand plus a reorganization of the Accelera decarbonization technology unit hurt Cummins profit in the fourth quarter of 2024, the company said.
February 4, 2025Panama Considers Canceling Port Deal With Hong Kong Firm
Panama is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to people with knowledge of the situation.
February 4, 2025Trending
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