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GXO CEO Wilson to Step Down as Company Spurns Sale Offers

GXO Logistics announced Dec. 3 that CEO Malcolm Wilson plans to retire in 2025, but he will continue to lead the company during the search for a successor.

December 3, 2024

Small Business Owners Brace for Trump’s Proposed Tariffs

Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office.

December 3, 2024

Cyber Monday Shoppers Expected to Set a Record

Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.

December 2, 2024

Trucking CFOs, Leaders Eye 2025 Recovery With Tight Budgets

Carriers are grappling with a tough freight market, relying on cost-cutting measures, operational efficiency and strategic revenue opportunities to stay ahead.

December 2, 2024

US Cyber Weekend Sales Rose 9%

Cyber Weekend e-commerce sales grew 9% in the U.S. this year, up from 6% in 2023, according to data from Salesforce.

December 2, 2024

Mexico Warns Against ‘Inflationary’ US Tariff Plan

Donald Trump’s threat of 25% tariffs on Mexico and Canada would cost the U.S. economy as many as 400,000 jobs and increase prices for American consumers, according to the Mexican government.

November 27, 2024

European Markets Slide on Trump’s Trade War Warning

Trump's threat to hit Canada, China and Mexico with tariffs because of the flow of illegal drugs and migrants into the U.S. sent European stocks lower.

November 27, 2024

Trump’s Trade Pick Pushes Strategic Decoupling From China

Jamieson Greer, who’s been nominated as the U.S. trade representative, played a key role in imposing tariffs on China during Trump’s first term.

November 27, 2024

NMFTA’s LTL Freight Classification Updates Coming July 2025

The National Motor Freight Traffic Association has set July 19, 2025, as the date it will launch its updated less-than-truckload freight classification system.

November 27, 2024