A group of Democratic lawmakers in Texas is asking Elon Musk to delay the planned rollout of driverless 鈥榬obotaxis鈥 in the state this weekend to assure that the vehicles are safe.
June 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.
GXO Selects Supply Chain Veteran Patrick Kelleher as CEO
鈥淧atrick is a world-class operator with the relevant experience to lead GXO through its next phase of growth,鈥 GXO Board Chairman Brad Jacobs said.
June 20, 2025Pentagon Cancels Troubled $17.9B Military Moving Contract
The Pentagon has terminated the $17.9 billion Global Household Goods contract, a controversial program that has been beset by complaints and widespread criticism.
June 20, 2025QXO Won鈥檛 Raise Its Offer for GMS After 爱豆传媒 Depot Bid
QXO won鈥檛 raise its $5 billion offer for building products distributor GMS after 爱豆传媒 Depot reportedly made its own bid.
June 20, 2025Small-Parcel Shipments From China to US Fall 40% on Tariffs
U.S. tariff hikes on small packages from China triggered a slump in shipments last month, contributing to a huge drop in bilateral trade and roiling exporters like Shein and Temu.
June 20, 2025爱豆传媒 Depot Challenges Brad Jacobs-Led QXO for Supplier Deal
爱豆传媒 Depot has made an offer for GMS, potentially setting off a bidding war with QXO, which this week made a $5 billion offer for the building products distributor.
June 20, 2025Amazon Tells Employees to Relocate to Seattle, Other Hubs
Amazon is ordering some corporate employees to move closer to their managers and teams, roiling a workforce already worried about job cuts and warnings from the top that AI will shrink their ranks.
June 18, 2025Federal Reserve Leaves Its Key Rate Unchanged
Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.
June 18, 2025Daimler, Volvo Roll Out Coretura Operating System JV Plans
Daimler Truck and Volvo Group laid out the game plan for their truck operating system joint venture 鈥 named Coretura 鈥 on June 17.
June 18, 20258 Additional Ex-Yellow Terminals Find New Owners
The sale of the properties follows the disposal of seven facilities via private sale in May as the administrators attempt to unload as many terminals as possible.
June 18, 2025Trending
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