Daimler Truck AG, the largest global truck maker, intends to go public Dec. 10, and recently described what that would look like in terms of products and performance.
November 12, 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.
A Record 4.4 Million Americans Quit Their Jobs in September
An unprecedented number of Americans quit their jobs in September, highlighting how persistent churn is undercutting employers’ efforts to fill a near-record level of vacancies.
November 12, 2021Werner CEO Voices Concern Over Vaccine Mandate
Werner Enterprises CEO Derek Leathers during a recent event said that while his company is encouraging staff to get a COVID-19 vaccination, he noted the nature of the work in trucking — and of the workforce itself — suggests a vaccination mandate is not an ideal path.
November 12, 2021Toyota December Production Outlook Shows Supply Woes Are Easing
Toyota Motor Corp. is targeting a level of output in December higher than what it’s seen in recent years, a sign that supply disruptions may be receding.
November 12, 2021Post IPO, Rivian Pursues Stand-Alone Battery Plant
Fresh off a $12 billion initial public offering, Rivian Automotive Inc. is investing in a dizzying array of expansion projects and actively pursuing a site for a stand-alone battery factory in addition to a pair of new vehicle-assembly plants already planned.
November 12, 2021October Trailer Orders Fade
U.S. trailer orders dropped below 17,000 in October, according to industry forecaster FTR, far below a year ago when orders reached almost 55,000.
November 12, 2021Rivian’s Trading Debut Pushes Value to Almost $88 Billion
Rivian Automotive Inc. ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation after investors piled into 2021’s biggest initial public offering.
November 10, 2021Class 8 Sales Falter in October
Class 8 U.S. retail sales in October fell nearly 10% compared with a year ago as three truck brands grew sales while four could not, WardsAuto .com reported.
November 10, 2021DoD Awards Potential $20 Billion Military Moving Contract
The Department of Defense U.S. Transportation Command has awarded a potential $20 billion contract to a Houston firm that will manage an estimated 325,000 annual moves of military families worldwide.
November 10, 2021Industry Recruiters Express Concern Over Truck Driver Shortage, Lack of Candidates
NASHVILLE, Tenn. — Trucking recruiters and industry officials at the Recruitment and Retention Conference addressed concerns about the tight labor market, ongoing driver shortage and the growing number of drivers who have had positive drug or alcohol tests and not begun the process for reinstatement.
November 10, 2021Trending
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