Trucking Business News

About 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.

Business, Private, Top 100

Walgreens Going Private in $10 Billion Sycamore Deal

The offer, a roughly 8% premium to Walgreens’ closing price March 6 in New York, will turn one of the oldest, most recognizable U.S. drugstore chains into a private company.

March 6, 2025
Business, Logistics, Private, Top 100

Costco’s Profit Miss Reflects Broader Retail Concerns

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.

March 6, 2025
Government, Business, Technology, Logistics, Global Freight, Top 50

CMA CGM Pledges $20 Billion for US Shipping Expansion

An estimated 10,000 new jobs would be created by the effort, President Donald Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé.

March 6, 2025
Government, Business

Border States Fear Impact From Tariffs on Canada and Mexico

Political leaders representing states that border Canada and Mexico are sounding the alarm about how tariffs between those countries and the U.S. will impact their local economies.

March 6, 2025
Business, Equipment

Driving The Future: How ORBCOMM Innovation Is Transforming Trailer Management

Program Aired: March 6, 2 p.m. ET During this panel discussion, we’ll explore how ORBCOMM technology helps fleets unlock the full potential of their trailers with key insights that boost efficiency, enhance visibility and streamline management. Join us as we dive deep into how our smart trailer solutions solve industry challenges, drive profitability and win business.

March 6, 2025
Government, Business, Equipment

Auto Reprieve From Tariffs Isn’t Enough to Weather Trade War

President Donald Trump’s reprieve for U.S. automakers from tariffs isn’t likely to allow enough time for those companies to make the changes necessary to minimize the damage from a trade war.

March 6, 2025
Business, Logistics, Global Freight, TCA

DHL Subsidiary to Cut 8,000 Jobs in Germany

German postal company Deutsche Post announced on March 6 that it will cut 8,000 jobs by the end of the year, citing high costs, just two days after striking a deal with workers on a 5% pay rise.

March 6, 2025
Government, Business, Technology, Safety, Fuel

Congressional Democrats Question Actions of Musk-Led DOGE

Congressional Democrats are pushing back on White House and Elon Musk efforts to halt transportation initiatives launched during the Biden administration.

March 6, 2025
Business, Logistics

A. Duie Pyle Enters North Carolina for First Time

A Duie Pyle entered the North Carolina market for the first time in recent weeks, the latest in a series of expansions of the LTL-focused carrier’s footprint and operations.

March 6, 2025
Government, Business

Trump Again Delays Tariffs on Mexico, Canada for a Month

President Donald Trump on March 6 postponed 25% tariffs on many imports from Mexico and some imports from Canada until April 2 amid fears of the economic fallout from a broader trade war.

March 6, 2025