The U.S. Postal Service has been struggling for years, and now President Donald Trump and Elon Musk are considering privatizing it. How did we get here?
March 25, 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.
Struggling USPS a Privatization Target for Trump
Descartes Acquires TMS Provider 3GTMS for $115 Million
Shippers, third-party logistics providers and freight brokers can use 3GTMSā products for automating planning, rating, consolidation and routing of over-the-road shipments.
March 25, 2025Court Slashes $462 Million Wabash Verdict to $120 Million
A St. Louis court has drastically reduced a $462 million jury verdict issued against trailer manufacturer Wabash in connection with a 2019 fatal accident.
March 25, 2025Court Preserves Detroit Transmission Housing Supply Line
A component supplier must continue to supply Detroit Diesel with housings for Detroit-branded transmissions installed on Freightliner and Western Star truck production lines, a court ruled.
March 25, 2025Consumer Confidence Falls to Lowest Reading Since 2021
U.S. consumer confidence continued its sharp 2025 decline as Americansā views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation.
March 25, 2025Kroger Fights Suit by Albertsons Over Failed Deal
Kroger is fighting back against a lawsuit brought by Albertsons over its failed $24.6 billion takeover of the rival grocery chain.
March 25, 2025Carney Says Canada Wants to āGet Seriousā on Trade Talks
Canadian Prime Minister Mark Carney said his top Cabinet ministers are in contact with White House officials and want to have āseriousā negotiations about trade.
March 25, 2025Fleets and Insurers Respond to Freight Theft Surge
The industry has made some progress in its response to theft but needs to develop more effective countermeasures, according to multiple insurance brokers.
March 25, 2025Shell Bets Big on LNG
Shell Plc said it would boost investor returns through the end of this decade by reinforcing its position as the worldās top trader of liquefied natural gas.
March 25, 2025Trump Taps Derek Barrs for FMCSA Head Amid Turmoil
The nomination of Barrs, a former Florida Highway Patrol chief with more than three decades in public safety, follows a string of leadership changes at the agency.
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