Container traffic at the Port of Oakland is starting to pick up again amid the supply chain chaos. Cargo imports handled by the Port of Oakland increased 6.5% in November from a year earlier, the hub said in an emailed statement Dec. 15.
December 15, 2021Trucking 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.
Software Maker Samsara Rises in Trading Debut
Technology developer Samsara launched an initial public offering on Dec. 15, a move that a top executive said positions the company for continued growth by bringing in key investors to help fund future initiatives.
December 15, 2021American Consumer Momentum Wanes Just in Time for the Holidays
The American consumer has held strong since last year’s COVID-driven spending pause, as their purchases helped power the global economic recovery. But that momentum may be fading as the holiday season approaches.
December 15, 2021Shell Uses Cow Dung to Power German Trucks, Cut CO2
Trucks in Germany could soon be running on fuel that’s made partly from manure at one of Europe’s biggest oil refineries.
December 15, 2021Singapore Air Picks Airbus Freighters to Renew Cargo Fleet
Singapore Airlines Ltd. signed a letter of intent with Airbus SE for seven A350 freighters with an option to take five more as the carrier phases out its aging cargo fleet.
December 15, 2021Aurora, Uber Freight Collaborate on Texas Pilot
Autonomous vehicle technology developer Aurora Innovation Inc. will launch a pilot program with Uber Freight to move goods in Texas.
December 15, 2021Elon Musk Named FT’s Person of the Year for Transforming Car Industry
The Financial Times followed Time magazine in naming Elon Musk “Person of the Year,” with the British newspaper lauding the world’s richest man’s role in shifting the automotive industry toward an all-electric future.
December 15, 2021Automakers to Battle Chip Crisis for Years, Consultancy Says
Carmakers including Volkswagen AG and General Motors Co. should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, consultancy Roland Berger said.
December 15, 2021Cowan Systems Announces New CEO, President
Joseph Cowan is stepping down as the longtime CEO of truckload carrier Cowan Systems LLC Dec. 31 and President Dennis Morgan will be promoted to CEO.
December 14, 2021Responding to Supply Chain Needs, USDOT Announces Maritime Grants
To continue its push to alleviate freight bottlenecks nationwide, the U.S. Department of Transportation announced a series of grants for commercial maritime operations and freight hubs along key parts of the supply chain.
December 14, 2021Trending
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