U.S. employers added fewer jobs in December than forecast, while the jobless rate fell below 4% and wages jumped, adding to evidence of a tight labor market that’s expected to help spur Federal Reserve interest rate liftoff as soon as March.
January 7, 2022Trucking 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.
Deere Expects ‘Slow’ Rollout of Autonomous Tractors
Deere & Co. is being cautious in its rollout of self-driving tractors, a technology which the agriculture industry thinks could revolutionize farming.
January 7, 2022Trucker Snarl in East China Hits Container Shipping
A suspension of trucking services in several parts of east China’s Zhejiang province has slowed the transportation of manufactured goods and commodities through one of the world’s most important ports.
January 7, 2022Effort to Recruit New Truck Drivers Moves Into High Schools
An all-volunteer effort is working with educators to help raise awareness of truck driving careers among students.
January 6, 2022Class 8 Orders in December Weak at 22,800
Class 8 orders in December were the second-weakest of the year at 22,800.
January 6, 2022Record Share of US Small Businesses Raised Wages in December
A record 48% of U.S. small business owners said they raised compensation in December and nearly a third said they plan to do so in the coming months, the National Federation of Independent Business said Jan. 6.
January 6, 2022Eaton, Shell Step Up EV Charging Infrastructure Efforts
Eaton Corp. and Shell Electric Mobility separately announced charging initiatives intended to accelerate the market for zero-emission electric trucks.
January 6, 2022States Raise Tolls in Response to Budget Issues
In an effort to avert financial shortfalls for highway programs due to the coronavirus pandemic, a number of states have raised their tolls for cars and trucks, effective Jan. 1.
January 6, 2022Senate Keeps Social Infrastructure Budget on Radar
Federal lawmakers returned to Capitol Hill this month to resume consideration of President Joe Biden’s social infrastructure budget as the White House continues to respond to a national supply chain crisis.
January 6, 2022Growth at Service Providers Sees Sharp Pullback From Record
A measure of U.S. service providers pulled back abruptly in December after soaring to a record a month earlier, reflecting more moderate growth in business activity and orders.
January 6, 2022Trending
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