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BusinessTechnologyLogisticsTop 100

RXO Sees 70% Q4 Revenue Growth, Boosted by Coyote Deal

But the Charlotte, N.C.-based asset-light transportation provider posted a net loss of $20 million, or negative 12 cents a diluted share, for the three months ending Dec. 31.

February 5, 2025
GovernmentBusinessFuel

Canada’s Oil Exports to US Jumped in December

Canada’s energy exports to the U.S. jumped at the end of last year, pushing the country’s trade surplus with its biggest customer to the highest in more than two years.

February 5, 2025
GovernmentBusinessEquipment

Honda-Nissan Deal Thrown Into Doubt

Honda and Nissan called into question an agreement reached less than two months ago to consider combining, casting doubt on their efforts to form one of the world’s largest automakers.

February 5, 2025
GovernmentBusinessTechnologyEquipmentFuelLogistics

Manufacturers Scramble Under Trump’s Looming Tariffs

Over a frantic 72 hours, President Donald Trump’s threat of punishing new tariffs on Canada, Mexico and China sent stocks and currencies tumbling and shock waves through world trade.

February 5, 2025
GovernmentBusinessLogisticsGlobal Freight

US Postal Service Resumes Accepting Packages From China

The U.S. Postal Service on Feb. 5 said it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments.

February 5, 2025
BusinessTechnologySafetyAutonomous

GM’s 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, 2025
GovernmentBusiness

N.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’s new congestion-pricing tolls.

February 4, 2025
GovernmentBusinessSafetyLogistics

Designs Unveiled for Replacement of Baltimore's Key Bridge

SPARROWS POINT, Md. — Almost a year after the deadly collapse of Baltimore’s Francis Scott Key Bridge, Maryland officials on Feb. 4 unveiled their designs for its replacement.

February 4, 2025
BusinessLogisticsFor-HireTop 100

Marten 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, 2025
GovernmentBusinessTechnologyEquipmentFuel

Tariff 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, 2025