Brookfield Infrastructure Partners and its institutional associates agreed to acquire Colonial Enterprises, the operator of the biggest U.S. fuel pipeline, in a $9 billion deal.
April 4, 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.
Brookfield to Buy Colonial Pipeline Owner in $9 Billion Deal
US Added a Surprising 228,000 Jobs in March
U.S. employers added a surprising 228,000 jobs last month, as the American labor market continues to show resilience. The unemployment rate ticked up to 4.2%.
April 4, 2025China Hits Back With 34% Tariff on Imports of All US Goods
China announced April 4 that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following the U.S. slate of tariffs.
April 4, 2025Carmakers Stop Plants, Ponder Prices as Trump’s Tariffs Hit
Just hours after taking effect, President Donald Trump’s 25% tariffs on imported cars were already reverberating around the globe.
April 4, 2025Getting Your Fleet CARB-Compliant
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics can simplify the process and contribute to a cleaner California.
April 3, 2025Supreme Court Sides With Truck Driver in CBD Oil Case
The Supreme Court ruled in favor of a truck driver who tested positive for marijuana and was fired from his job after he used what he argued was a mislabeled CBD oil product.
April 3, 2025Canada Hits US Autos With Tariffs, Mirroring Trump’s Move
Canada will put 25% retaliatory tariffs on U.S.-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said April 3.
April 3, 2025OPEC+ Deepens Oil Price Slump by Accelerating Supply Hike
OPEC+ agreed to make a larger than expected oil supply hike in May, deepening the slump in oil prices triggered by President Donald Trump’s tariffs.
April 3, 2025Stellantis Pauses Work at Canada, Mexico Plants
Stellantis NV is temporarily halting work at factories in Canada and Mexico as U.S. tariffs begin to impact operations across the automotive industry.
April 3, 2025Sweeping Trump Tariffs Draw Dismay Around the Globe
Sweeping new tariffs announced by U.S. President Donald Trump provoked dismay, threats of countermeasures and urgent calls for talks from countries around the globe.
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